Archive · 14 Aug 2025
ICICI Bank Revises Balance Requirements After Customer Feedback
ICICI Bank changed the minimum amount of money needed in customer accounts after hearing complaints.
The bank had initially raised the required balance, but then reduced it.
Now, new customers in cities need ₹15,000, semi-urban customers need ₹7,500, and those in rural areas need ₹2,500.
These changes apply to new accounts created after August 1, 2025.
The bank made the change after receiving feedback from customers.
ICICI Bank reduced MAB requirements after customer feedback.
The MAB for new urban customers is now ₹15,000.
Semi-urban customers MAB is ₹7,500.
Rural branch MAB is ₹2,500.
These changes are for new accounts opened from August 1, 2025.
- Who
- ICICI Bank and its customers.
- What
- ICICI Bank reduced minimum balance requirements.
- When
- After customer feedback; effective for new accounts opened from August 1, 2025.
- Where
- Across urban, semi-urban, and rural branches.
- Why
- Due to customer feedback on recent increases in MAB requirements.
Customers
ICICI Bank
MAB Policy
Customers
Customers likely preferred the lower MAB amounts.
ICICI Bank
ICICI Bank has the right to set MAB policies.
- Revised Urban MAB
- ₹15,000
- Revised Semi-Urban MAB
- ₹7,500
- Revised Rural MAB
- ₹2,500
- Original Urban MAB
- ₹10,000
- Initial Raised Urban MAB
- ₹50,000
Sources
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