ICICI New Savings Account Users MAB Updated - August 1st 2025

[hender]

Kav se ye baat suuna cha raha tha. At last you spelled it out. 🧐 😂😂 @hender @kuchbhi

Theek bhai, samajh gaya, Main To wo Gali Se nahin nikalunga jismein ICICI Bank hai

I'm not even ready to open with 2k mab lol.
Psus better

Ram Bhai 🤣😉

 

[akshayhs]

While PSU banks are waiving non-maintenance fees, ICICI Bank, on the other hand, is increasing its balance maintenance criteria. Indirectly, ICICI Bank is telling us they don’t need accounts from gareeb insaan (like me).
Jokes apart, this is truly a surprising and unexpected move. Although this rule is only applicable to new accounts opened from August 1, 2025, I suspect ICICI Bank might eventually ask existing customers to maintain the same balance as new customers. Hopefully, other private banks will take this as an opportunity to lower their maintenance requirements, rather than increase them like ICICI Bank.

Axis Bank should surely follow suit. I am highly confident of it.

 

[2025]

ICICI ---> RBI: We are now premium bank Sir.
RBI ---> ICICI: BSBDA toh fer v kholne padenge at zero balance. Aur uska rule hum tay karenge.

 

[karanssh]

damn, this is a very bad move especially when their offerings dont really compete with other private banks.
So many other banks at similar MABs have debit cards with BMS, Lounge, etc.
Don't know why someone would go for this just because they "position" themselves as premium bank.
They dont even have good CCs except apay and epm.

I still have family banking and I wouldn't be affected but this seems so strange, let's see if they overhaul their other offerings, but if they dont then they will surely lose customers

 

[Shraaj]

What about existing ICICI BANK Mine Account holders? We don't need to keep ant balance as it's a zero balance?

 

[SSquad]

What about existing ICICI BANK Mine Account holders? We don't need to keep ant balance as it's a zero balance?

I don't think mine account holders will be affected by this change. It applies only to regular savings account.

 

[TECHXYZ]

ICICI Bank’s updated Schedule of Charges introduces a major shift for metro and urban customers: The Minimum Monthly Average Balance (MAB) for new Regular Savings Accounts is now ₹50,000.

Check Link- https://www.icicibank.com/interest-rates#service-charges

What makes this change more significant is the shrinking set of options — many savings account variants that previously offered flexibility, niche benefits, or lower MAB requirements are now discontinued for new account opening.

📋 Discontinued for New Customers (from 1st August, 2025)​

As per the latest schedule, the following savings account variants are no longer available for fresh openings:

• Premium & Relationship Programs: Family 360 Banking, Wealth & Private Banking, Prime & Prime Pro Program, Privilege Banking Accounts (Non-Senior Citizen, Senior Citizen).
• Youth & Student Accounts: Campus Power Savings Account, Bank@Campus Account, Smart Star Savings Account (Regular, Wealth, Without Guardian Consent), Young Star Savings Account (Regular, Wealth, Private Banking, Family 360).
• Senior & Pension: Senior Citizen Regular Savings Account, Pension Accounts.
• Thematic & Niche Offerings: Advantage Woman Savings Account, Privilege Accounts – Advantage Woman, Salute Doctors Account, Asset Linked Savings Account, AURA Savings Account.
• Premium Variants: Gold Savings Account, Gold Privilege Savings Account, Silver Savings Account, The One Savings Account, Insta Save Premium Savings Account.
• Community & Special Purpose Accounts: Self Help Group Accounts, Self Help Group sourced through Business Correspondence, No Frills Account.
• Linked & Specialized Accounts: Savings Accounts Linked to Family ID, Broking IDirect Linked Savings Account, BizSavings Account, Easy Receive Savings Account, Freedom Savings Account.
• Legacy Accounts: Regular Savings Account (old variant), certain Privilege & Prime formats.

🔴 The Negative Side (for New Customers)

1. Reduced Flexibility for New Customers
   Many discontinued products catered to niche segments — women, students, doctors, rural groups, and community banking — often with lower MAB or tailored benefits.
2. Higher Entry Barrier
   With fewer low-MAB accounts available for new openings, the ₹50,000 MAB urban regular savings account becomes the default for many, increasing the financial threshold to start banking with ICICI.
3. Exclusion Risk
   Students, early-career professionals, and low-income customers now have fewer entry-level options unless they opt for Basic Savings Bank Deposit Accounts (BSBDA) or student accounts (post-August 2025 variant).

🟢 The Positive Side (for New Customers)

1. Streamlined Product Line
   By consolidating products, ICICI may be aiming for a simpler, more premium-focused portfolio — potentially improving service quality for existing account holders.
2. Higher-Value Customer Targeting
   The change aligns with premium banking strategies seen across the industry, where customers maintaining higher balances enjoy priority services, higher limits, and exclusive perks.
3. Legacy Account Holders Retain Benefits
   Customers who already hold discontinued accounts can generally continue under existing terms, avoiding the higher MAB unless they switch products.

💡 Final Thoughts

The MAB increase to ₹50,000 for urban/metro regular savings accounts might not have stung as much if more alternative account types were still open for new customers.
Instead, the simultaneous discontinuation of multiple variants means fewer pathways to low-cost banking within ICICI Bank.

For prospective customers, the choice now is clearer but narrower:

• Maintain a higher balance and enjoy premium benefits.
• Opt for BSBDA or student savings accounts (if eligible) for a no/low MAB option.
• Explore other banks for more flexible requirements.

This move strengthens ICICI’s premium positioning — but at the cost of entry-level accessibility.

 

[Nishan11]

I have Private banking with them & my family members also have their individual private banking relationship with ICICI.

Except for EPM & their customer service which is not best but better than hdfc & axis, I don't see them offering any products or services which justify this hike.

I hold HDFC Imperia & SBI Salary wealth account, both of their customer support are dumb most of the times.

Having HNI/UHNI account with Axis is not worth destroying peace of mind.

 

[Batmanbaba]

U can easily make the icici account zero balance .....working from years...
1. One option is having credit card with more than 4 lakh limit which u will eventually reach...icici is generous in LE......
2. MAKING ICICI ACCOUNT SALARY ACCOUNT ONCE VIA IMOBILE AND TRANSFER OF MONEY VIA NEFT ONCE IN 2-3 MONTHS ..EVEN VIA YOUR OWN ACCOUNT KEEPS IT AS A ZERO BALANCE SALARY ACCOUNT.

3. Once ur account status reach privilege...then in most case the account becomes zero mab

 

[Exewhyzee]

 

[newprouser]

I still have family banking and I wouldn't be affected but this seems so strange, let's see if they overhaul their other offerings, but if they dont then they will surely lose customers

Assuming this a salary account linked with other icici accounts to make them 0 balance, are there any disadvantages ?

For example, are free ATM withdrawals and other transaction limits now considered for entire linked for entire relationship instead of per account number level ?
Is there any risk of freeze on 1 account applying to all other accounts ?
individual net banking logins will be merged as one ?

 

[quino]

I was forced to like psus by Rsdcs😅

but they still hate you.

 

[MusicalMind]

Sometimes I wish to gather all beggars in my city and send them to open bsbda accounts in these banks

 

[HumorSimpson]

View attachment 106174

It says new customers. So old customers are exempt from this change?

Even the language used in this news is out of reach of the common man

hoi polloi
/ˌhɔɪ pəˈlɔɪ,ˌhɔɪ ˈpɒlɔɪ/
noun
derogatory
plural noun: hoi polloi

    the masses; the common people.
    "avoid mixing with the hoi polloi"

 

[zomatoo]

Sometimes I wish to gather all beggars in my city and send them to open bsbda accounts in these banks

Mast plan hai

 

[drvirag]

Sometimes I wish to gather all beggars in my city and send them to open bsbda accounts in these banks

They r richer than most of us.

 

[SSV]

Sometimes I wish to gather all beggars in my city and send them to open bsbda accounts in these banks

In fact , a very good idea !!

 

[Dr.AMAN]

They r richer than most of us.

Patah chala woh beggar khud EPM card lekar baitha hai😂( i have heard that many Mumbai beggars file income tax also)

 

[iimadarsh]

Jinka privilege account upgrade hua tha via cc limit ke base pe unka bhi criteria change hoga ya wahi hai 4 lac ?

 

[sun156]

ICICI bank has increased minimum balance requiredfor savings account in metro and urban to Rs.50000 from Rs.10000.
Atrocious
When PSU banks making the required avearage balance to zero, ICICI increasing it

bank knows that we dont want customers any more , let other banks enjoy the customer growth , let other banks also grow , soon let us lose our DSIB status also , very clever move by the board.
so thats why they are increasing, Now every one NTB sure wont even enter that bank branches

For maintaining 5k MAB customers are running and waiting in queues near the branches for opening, the staff also feels so much happy when customers are coming like that, So now board thought the demand was more to our bank and
now when it is 50k bank board thought that customers will sure jump in the windows and ask their application to open account FIRST- please open , please Open, now entire STAFF will be very very busy from Tomorrow , dont dare enter into such bank branch all your works will be delayed

nice move by board sad old customers

at one side PSU's are waiving MAB and ICICI is making it hard for people to open savings account

https://www.icicibank.com/content/dam/icicibank/india/managed-assets/docs/pdf/savings-account.pdf