ICICI Minimum Balance

ICICI Bank on Wednesday said it had doubled the minimum quarterly balance to be maintained in its savings accounts to Rs. 10,000, as the infrastructure costs had increased. The revision has been made after a long gap and according to the bank is due to rise in infrastructure costs. However, this may also be a part of the company’s change in strategic focus as it would have fulfilled its targeted customer base and would have wanted to switch to accounts with higher deposits. And with rise in QAB, the penalty amount is also expected to rise proportionally, considering ICICI penchant for levying charges on non-fulfillment of bank requirements.

Comments are closed.

Looking for Jobs in this company ?

(a) To apply write down your details in one Paragraph. You will be contacted at the email address you mentioned above.
(b) Please DO NOT sumbit your resume here. Send your resume at resume(@)indianhotjobs.com remove () from the address as it is done to avoid spam.
(c) DO NOT provide your PERSONAL DETAILS here (ex. Mobile no., Address) because the information that you provide here can be published publically on the web site for users.

Must See