ICICI Bank Raises Minimum Balance for Savings Accounts — What You Need to Know

ICICI Bank has increased the minimum average balance (MAB) requirement for new savings account holders in metro and urban branches to ₹50,000 — a big jump from the earlier ₹10,000.

This change applies only to new customers who opened their accounts on or after August 1, 2025.

Metro & Urban Branches: ₹50,000 MAB
Semi-Urban Branches: ₹25,000 MAB
Rural Branches: ₹10,000 MAB

If you don’t meet the MAB, the bank will charge a penalty — 6% of the shortfall or ₹500, whichever is lower.

What is MAB?
It’s the monthly average of your daily account balances. The bank adds up your daily closing balances for the month, then divides by the number of days in that month. If this average is below the set limit, you’ll be fined.

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How to Maintain MAB Smartly
You don’t need to keep ₹50,000 in your account every day. For example:

If your MAB is ₹50,000 for a 30-day month, keeping ₹15 lakh for just one day meets the requirement (₹15,00,000 ÷ 30 = ₹50,000).
If you get your salary in a lump sum, keeping it for a few days before making payments can help meet MAB.

Tips to Avoid Penalties:

Use a sweep-in FD so extra money earns interest.
Consider a zero-balance or low-MAB account from other banks. For example, SBI removed its minimum balance requirement in 2020, and most banks keep it much lower — between ₹2,000 and ₹10,000.

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