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ICICI Bank ATM withdrawal, cash transaction charges to cost more from today

01 Aug , 2021   By : Kanchan Joshi


ICICI Bank ATM withdrawal, cash transaction charges to cost more from today

ICICI Bank customers will get the first 3 ATM transactions (inclusive of financial and non-financial) in 6 metro locations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad) in a month as per the bank's website. In all other locations, the first five transactions will be free. Thereafter, the bank will charge Rs20 per financial transaction and Rs8.50 per non-financial transaction. These charges will be applicable for Silver, Gold, Magnum, Titanium and Wealth cardholders.


The private lender has allowed a total of 4 free cash transactions per month. As per the bank's website, charges above free limits would be Rs150 per transaction.


Cash transaction limit at home and non-home branch


With effect from August 1, the home branch cash limit for ICICI Bank customers would be Rs1 lakh-- free per month, per account. Above Rs1 lakhs – Rs5 per Rs1,000, subject to a minimum of Rs150, the bank said.


At the non-home branch – no charges for cash transactions up to Rs25,000, per day. Above Rs25,000 – Rs5 per Rs1,000, subject to a minimum of Rs150.


For third party transactions, the limit has been set at Rs25,000 per day. Up to a limit of Rs25,000 per transaction – Rs150 per transaction. Above Rs25,000-limit, cash transactions are not permitted.


Cheque Books


The charges will be nil for 25 payable-at-par cheque leaves in a year. Above the free limit, the bank will charge Rs20 for every additional cheque book of 10 leaves.


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