New ICICI Bank ATM cash withdrawal, checkbook fees from next month. Details here

After, the country’s main lender, State Bank of India (SBI), another major lender ICICI Bank is set to revise fees for withdrawing cash from ATMs, checkbooks and other financial transactions starting next month. The revised fees will apply to holders of national savings accounts, including salary accounts.

Cash transactions at ATMs

ICICI Bank customers will get the first 3 transactions (including financial and non-financial) at 6 metro stations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad) within a month, according to the bank’s website. In all other locations, the first five transactions will be free. Subsequently, the bank will invoice 20 per financial transaction and 8.50 per non-financial transaction. These fees will be applicable for Silver, Gold, Magnum, Titanium and Wealth cardholders.

Home branch cash transactions

ICICI bank authorized a total of 4 free cash transactions per month. According to the bank’s website, charges above the free limits would be 150 per transaction.

Limit of in-branch cash transactions

As of August 1, the original branch liquidity limit for ICICI Bank clients would be 1 lakh – free per month, per account. Above 1 lakh – 5 by 1,000, subject to a minimum of 150, the bank said.

Limit of cash transactions at a non-domiciled branch

In out-of-home branch – no charge for cash transactions up to 25,000, per day. Above 25,000 – 5 by 1,000, subject to a minimum of 150.

Cash transaction with a third party

For transactions with third parties, the limit has been set at 25,000 per day. Up to a limit of 25,000 per transaction – 150 per transaction. Above Limit of 25,000, cash transactions are not allowed.

Checks Books

The costs will be zero for 25 holidays by check payable at par per year. Beyond the free limit, the bank will charge 20 for each additional 10-sheet checkbook.

Regular ICICI Bank account plus salary

No charge for the first 4 transactions of a month; after 5 per thousand rupees or part thereof, subject to a minimum of Rs150 in the same month.

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