Bank Services Charge Hike: ICICI Bank’s new charges will be applicable from July 1, 2025, ATM, cash transactions and IMPS will be expensive
1 July 2025: ICICI Bank has announced new service charges for its customers, which will be effective from 1 July 2025. These changes will affect services like ATM transactions, cash deposit and withdrawal, IMPS, debit card and demand draft. Let us know what changes have happened
Bank Services Charge Hike: ICICI Bank has announced new service charges for its customers, which will be effective from 1 July 2025. These changes will affect services like ATM transactions, cash deposit and withdrawal, IMPS, debit card and demand draft. Let us know what changes have been made.
New fees related to ATM
On ICICI Bank ATM: The first 5 financial transactions every month will be free. After that, a charge of Rs 23 will be levied on every transaction.
Non-financial transactions (like checking balance) will be free.
No charges will be levied on senior citizen customers.
Charges on ATMs of other banks
3 transactions free in metro cities.
5 transactions free in non-metro cities.
After this, a charge of Rs 23 will be levied on financial transactions and Rs 8.50 on non-financial transactions.
International ATM
Rs 125 on cash withdrawal
Currency conversion charge 3.5%
Rs 25 on non-financial transactions
IMPS transaction charges
Transfers up to Rs 1,000: Rs 2.50 per transaction
Rs 1,001 to Rs 1 lakh: Rs 5
Rs 1 lakh to Rs 5 lakh: Rs 15
Changes in cash deposits and withdrawals
3 free cash transactions per month (at branches and CRMs).
After this, a charge of Rs 150 will be levied on each transaction.
Deposits above Rs 1 lakh will be charged Rs 150 or Rs 3.50 per Rs 1,000 (whichever is higher).
Third party deposit limit is limited to Rs 25,000 per transaction.
The same rules will apply to cash withdrawals – 3 free transactions, then Rs 150 per transaction.
Withdrawals above Rs 1 lakh will be charged a value-based charge.
Third party withdrawal limit is also up to Rs 25,000 per transaction.
Debit card charges
Annual fee
Rs 300 for general customers
Rs 150 for rural areas
Rs 300 will be charged for replacement card.
These new charges of ICICI Bank will affect those customers more, who make cash deposits, withdrawals or ATM transactions several times every month. Customers are advised to plan their transactions in advance so that additional charges can be avoided.
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