ICICI Bank withdraws ₹50,000 minimum account balance requirement, reduces amount

Daisy Mowke, Published on Aug 13th, 2025

ICICI Bank withdraws ₹50,000 minimum account balance requirement, reduces amount

ICICI Bank has withdrawn the requirement to maintain minimum monthly average balance (MAB) of ₹50,000 for new accounts opened by metro and urban customers, according to an official release. It has now been revised to ₹15,000. The revision comes after massive backlash from customers, days after the bank raised the MAB requirement from ₹10,000 to ₹50,000.

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