ICICI Bank Raises Average MAB Requirement for New Savings Accounts to ₹15,000

[Navjot Singh]

Source

 

[Navjot Singh]

No change for existing customers atm. But who knows.

 

[Deleted member 87056]

wtf.Bas salary account walo ko ke liye MAB na aa jaaye

 

[AAK]

This is nonsensical on icici's part.
Being such a huge bank, they just can't churn 10k-50k customers and its not just these customers, even customers having higher income won't park their money in icici in fear of inadvertent MAB non maintenance penalty

 

[Sushubh]

do they consider any funds in fd as part of bank balance? local indus guy told me that they do so my bank account is basically a zero balance account as long as i have a basic fd with 10K with them. not sure if i can trust him on that part

 

[Jonas]

I haven’t received any communication at all yet.

 

[Sushubh]

kind of crazy that it is applicable since august 1 and it is only making news in the second week of august.

 

[Navjot Singh]

News websites have to post so much propaganda every day, it's tough to find actual news these days for them.

@Jonas You are an existing customer, maybe that's why. The rule is only applicable to new accounts.

 

[Jonas]

Thanks for highlighting it. I read the post half asleep and started planning moving FDs.

 

[Navjot Singh]

https://www.icicibank.com/content/dam/icicibank/india/managed-assets/docs/pdf/savings-account.pdf