New Rules From July 1: ICICI Bank Revises Charges For ATM, Debit Card, IMPS & Cash Transactions

Mumbai: Starting July 1, ICICI Bank customers will get five free transactions per month at ICICI Bank ATMs. Beyond that, each transaction will be charged Rs 23. However, non-financial transactions like balance inquiry at ICICI ATMs will remain free.

At non-ICICI ATMs in metro cities, customers will get three free transactions per month, while non-metro areas allow five free transactions. After exhausting the free limit:

• Financial transaction: Rs 23 per transaction

• Non-financial transaction: ₹8.50 per transaction

For international ATM usage:

• Cash withdrawal: Rs 125

• Non-financial transaction: Rs 25

• Currency conversion fee: 3.5 percent

Senior citizens will be exempt from all ATM charges.

IMPS Transfers

ICICI Bank has also revised IMPS (Immediate Payment Service) charges:

• Up to Rs 1,000: Rs 2.50 per transaction

• Rs 1,001 to Rs 1 lakh: Rs 5 per transaction

• Rs 1 lakh to Rs 5 lakh: Rs 15 per transaction

Cash Transactions at Branches and CRMs

The bank will now allow three free cash transactions per month at branches or Cash Recycler Machines (CRMs). Beyond that, each transaction will attract a charge of Rs 150.

For cash deposits exceeding Rs 1 lakh per month, customers will be charged:

• Rs 150 flat or

• Rs 3.50 per Rs 1,000—whichever is higher

Third-party cash deposit limit remains Rs 25,000 per transaction.

Debit Card Charges

• Annual debit card fee:

  • Rs 300 for regular customers

  • Rs 150 for rural customers

• Card replacement fee: Rs 300