ICICI Bank Sets Rs 50,000 Minimum Balance For New Savings Accounts In Cities Starting August 1

ICICI Bank Increases Average Minimum Balance: ICICI Bank has increased the average minimum balance requirement for savings accounts opened on or after August 1, 2025.

This move is aimed at expanding its premium customer base, a banker told NDTV Profit on condition of anonymity.

In metro and urban branches, the minimum average monthly balance (MAMB) will be Rs 50,000, up from the earlier Rs 10,000. In semi-urban branches, it will rise to Rs 25,000 from Rs 5,000, while in rural branches, the requirement will double to Rs 10,000 from Rs 5,000. The higher MAMB will apply only to new accounts opened after August 1.