ICICI Bank Minimum Balance Guide 2025 – Requirements, Penalties, and Zero-Balance Options
ICICI Bank Minimum Balance: Everything You Need to Know ICICI Bank Minimum Balance: What the New Rules Mean for You Updated: Aug 1, 2025 • Finance & Banking • By Your Name ICICI Bank — one of India’s largest private banks — recently changed its monthly average balance (MAB) requirements for new savings accounts. If you're opening an account soon, or simply want to understand how this impacts your finances, this guide breaks down the new thresholds, how MAB works, possible penalties, customer reactions, and practical alternatives. What is Monthly Average Balance (MAB)? MAB (Monthly Average Balance) is a commonly used banking metric that calculates an account holder’s average closing balance across all days in a calendar month. Banks set a minimum MAB to keep accounts active without penalties. If your average balance falls below the required level, the bank may levy a maintenance fee or other charges. Quick example: ...