ICICI Bank cash withdrawal, cheque book charges and atm rules revised from 1 August 2021

ICICI Bank is set to revise limits of cash transactions, ATM Interchange and cheque book charges for its domestic savings account holders soon. As per the ICICI Bank's website, the revised charges would come into effect from August 1, 2021.

The ICICI Bank has allowed a total of 4 free cash transactions per month. As per the bank's website, charges above free limits would be ₹150 per transaction.

Value Limit (Sum total of deposits and withdrawals); the value limit is inclusive of both the home and non-home branch transactions.

With effect from August 1, the home branch (branch where the account is opened or ported) value limit for ICICI Bank customers would be ₹1 lakh-- free per month, per account. Above ₹1 lakhs – ₹5 per ₹1,000, subject to a minimum of ₹150, the bank added. At the non-home branch – no charges for cash transactions up to ₹25,000, per day. Above ₹25,000 – ₹5 per ₹1,000, subject to a minimum of ₹150.

ATM Interchange

First 3 transactions (inclusive of financial and non-financial) in 6 metro locations in a month would be free as per the bank's website. First 5 transactions (inclusive of financial and non-financial)in all other locations in a month would be free. Thereafter, ₹20 per financial transaction and ₹8.50 per non-financial transaction

Cheque Books

Nil for 25 payable-at-par cheque leaves in a year; ₹20 for every additional cheque book of 10 leaves.

Anywhere cash withdrawal

Nil for the first cash withdrawal of a calendar month; thereafter in the month, ₹5 per thousand rupees or part thereof, subject to a minimum of ₹150.

Anywhere cash deposit

At the ICICI bank branch – ₹5 per thousand rupees or part thereof, subject to a minimum of 150. At Cash Recycler Machine - No charges for the first cash deposit of a calendar month; thereafter in the month, ₹5 per thousand rupees or part thereof, subject to a minimum of ₹150.