1 July 2025: ICICI Bank has announced new service charges that will come into effect from July 1, 2025.
These changes will apply to services like ATM usage, cash deposits and withdrawals, IMPS transfers, debit card fees, and demand drafts. Here’s a detailed look at the updated charges:
ATM Charges
At ICICI Bank ATMs
First 5 financial transactions per month will be free.
After that, each financial transaction will cost Rs 23.
Non-financial transactions (like balance enquiry) will remain free.
Senior citizens will not be charged for ATM transactions.
At Other Bank ATMs
In metro cities, 3 transactions are free.
In non-metro cities, 5 transactions are free.
After the free limit:
Rs 23 per financial transaction
Rs 8.50 per non-financial transaction
International ATMs
Cash withdrawal: Rs 125
Currency conversion charge: 3.5%
Non-financial transactions: Rs 25
IMPS Transfer Charges
Transfer up to Rs 1,000: Rs 2.50 per transaction
Rs 1,001 to Rs 1 lakh: Rs 5 per transaction
Rs 1 lakh to Rs 5 lakh: Rs 15 per transaction
Cash Deposit & Withdrawal Charges
First 3 cash transactions per month at branches or CRMs are free.
After that, each transaction will be charged Rs 150.
For cash deposits above Rs 1 lakh, the charge is Rs 150 or Rs 3.50 per Rs 1,000, whichever is higher.
Third-party cash deposits are limited to Rs 25,000 per transaction.
The same rules apply to cash withdrawals:
3 free transactions
Rs 150 per additional transaction
Value-based charges will apply on withdrawals above Rs 1 lakh
Third-party withdrawals are also capped at Rs 25,000 per transaction
Debit Card Charges
Annual fee:
Rs 300 for general customers
Rs 150 for customers in rural areas
Replacement card: Rs 300
These new charges will mainly impact customers who frequently use cash deposit, withdrawal, or ATM services. To avoid extra costs, customers are advised to manage and plan their transactions carefully.
