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The minimum balance requirement for its new savings bank accounts opened on or after August 1 was raised five times to Rs 50,000.
The lender has slashed the MAB for metro & urban locations to Rs 15,000 from Rs 50,000, for semi-urban to Rs 7,500 from Rs 25,000 and for rural to Rs 2,500 from Rs 10,000.
ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500.
ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and ...
3hon MSN
HDFC Bank higher transaction costs ahead: Cash transactions, NEFT, IMPS charges from August 1, 2025
HDFC Bank has announced a comprehensive revision of service charges, impacting cash transactions, cheque services, ...
HDFC Bank revises service charges from Aug 1 for savings, salary, and NRI customers. Changes include reduced free cash transaction limits, updated cheque and certificate fees, and revised NEFT, RTGS, ...
ICICI Bank has reduced the minimum balance for new savings accounts opened on or after August 1, 2025, after facing backlash ...
Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...
Minimum balance requirements for savings accounts are now a hot topic of discussion for Indian bank customers, and recent ...
HDFC Bank on Wednesday clarified that the bank has not raised the Average Monthly Balance (AMB) for savings accounts, denying reports suggesting that new account holders in metro or urban branches wou ...
According to HDFC Bank, the AMB for the regular savings account continues to be Rs 10,000. The AMB for the Savings max account remains at Rs 25,000.
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