ICICI Bank has announced a revision of its service charges across multiple banking channels, effective July 1, 2025. These updates apply to ATM usage, IMPS transfers, branch visits, and debit card services.
ATM Transaction Charges
Domestic ATM Usage:
- ICICI ATMs:
- 5 free financial transactions/month.
- ₹23 per transaction thereafter.
- Other Bank ATMs:
- 3 free in metro cities, 5 free in non-metros.
- ₹23 per financial transaction after the limit.
- ₹8.50 per non-financial transaction.
International ATM Usage:
- ₹125 per cash withdrawal
- ₹25 per balance inquiry
- 3.5% foreign exchange markup
IMPS (Immediate Payment Service) Charges
- Up to ₹1,000: ₹2.50
- ₹1,001 to ₹1,00,000: ₹5
- ₹1,00,001 to ₹5,00,000: ₹15
Branch Transactions and Cash Services
Cash Deposits/Withdrawals at Branch:
- 3 free cash transactions/month
- ₹150 per transaction thereafter
- For deposits above ₹1 lakh: ₹150 or ₹3.50 per ₹1,000 (whichever is higher)
Non-Financial Branch Services (e.g., passbook updates, cheque drop):
- 3 free visits/month
- ₹50 per visit thereafter
Debit Card Charges
- Standard Debit Card (annual fee): ₹300
- Rural variant: ₹150
- Card replacement: ₹300
What This Means
These changes are designed to promote digital banking and reduce branch or ATM dependency. Customers who frequently rely on in-person or cash-based services should reassess their monthly habits to avoid additional fees.