ICICI Bank Minimum Balance for Savings Account (2026 Updated Guide)

If you are planning to open a savings account or already have one, understanding the ICICI Bank minimum balance for savings account is very important. Maintaining the required balance helps you avoid penalty charges and manage your finances smoothly.

In this detailed guide, we explain the latest minimum balance requirements, penalties, exemptions, and zero-balance options available at ICICI Bank.

What is the Minimum Balance in ICICI Bank Savings Account?

ICICI Bank requires customers to maintain a Monthly Average Balance (MAB). This means the average of your daily closing balance over a month must meet the required limit.

Minimum Monthly Average Balance (MAB)

Location Type	Minimum Balance Required
Metro & Urban Areas	₹15,000
Semi-Urban Areas	₹7,500
Rural Areas	₹2,500

These limits apply to regular savings accounts.
The balance requirement is calculated as Monthly Average Balance (not daily minimum).

What is Monthly Average Balance (MAB)?

Monthly Average Balance means:$$\text{MAB} = \frac{\text{Sum of Daily Closing Balances}}{\text{Number of Days in Month}}$$MAB=Number of Days in MonthSum of Daily Closing Balances​

For example:

• If you maintain ₹15,000 most days but fall below occasionally, your monthly average must still remain ₹15,000 (for metro/urban areas).

Charges for Non-Maintenance of Minimum Balance

If you fail to maintain the required balance, ICICI Bank may charge a penalty based on the shortfall amount.

Generally:

• Charges depend on the percentage of shortfall.
• GST is applicable on penalty charges.
• The penalty is deducted automatically from your account.

Therefore, it is important to regularly monitor your account balance through mobile banking or net banking.

Zero Balance Savings Account in ICICI Bank

If you do not want to maintain a minimum balance, you can opt for:

Basic Savings Bank Deposit Account (BSBDA)

• Zero minimum balance
• Limited free transactions per month
• Ideal for basic banking needs

Salary Account

• Zero balance requirement
• Must be linked to your employer for salary credit

Who is Exempt from Minimum Balance?

Certain categories may receive relaxation:

• Students (under specific account types)
• Senior citizens (in select schemes)
• Pensioners
• Salary account holders

It is always recommended to confirm with your branch or check official terms before opening the account.

Types of ICICI Savings Accounts

ICICI Bank offers multiple savings account variants:

• Regular Savings Account
• Insta Save Account
• Salary Account
• Young Stars Account (for minors)
• Senior Citizen Account
• Basic Savings Account (Zero Balance)

Each account type may have different eligibility criteria and benefits.

How to Avoid Minimum Balance Charges?

Here are simple tips:

• Maintain required MAB consistently
• Link account with fixed deposit (Auto Sweep facility)
• Choose a zero-balance salary account if eligible
• Track balance via iMobile app
• Set balance alerts

Understanding the ICICI Bank minimum balance for savings account helps you avoid unnecessary penalties and manage your banking efficiently. While regular savings accounts require maintaining a Monthly Average Balance, zero-balance options are also available for eligible customers.

Before opening an account, always check the latest terms and charges from the official bank website or nearest branch, as policies may change over time.

Reference :ICICI Bank Savings Account FAQs – Eligibility, Balance & Charges