Smart Business Account w.e.f.

1st May 2024

Cash services free limits Non-cash services free limits

1 Withdrawl non- Number of total4 NMMAB
Product MAB 2
Deposit base and non-base Withdrawl base
base location Cheque transaction (Rs) Number of cheque leaves DD/PO issuance free transactions charges (Rs)
location (Rs) location (Rs)
(Rs)
Combined free limit upto 12
times of maintained MAB
during transaction month or Rs. 50,000 free
Smart 25,000 Free upto 50 times of MAB 100 cheque leaves free
Rs 12.0 Million whichever is Unlimited free per day. Allowed 10 DD/PO free per Rs 1,000 per
Business (5,000 for RIB/select maintained during per month. First cheque 200 per month
lower. on value only for self month month
Account SURU location) transaction month book shall be free.
Note: No free limit if MAB cheques.
maintained is less than 80%
of committed MAB
Other Free Services
Transactions done through Internet / Phone / Mobile banking / E mail and ICICI Bank ATM
Local cheque collection at base location, Local cheque payments, Fund transfers within ICICI Bank
Transaction charges as applicable beyond free limits
RTGS and NEFT collections
Variant change to any ICICI Bank Current Account
Charges for cash deposit transaction
Location Base Location Non Base Location

Monthly cash deposit <= 12.0 Million but beyond 12 times of MAB Rs 3.5 per Rs 1,000 plus anywhere cash deposit charge of Rs 5 per Rs 1,000; Min Rs
Rs 3.5 per Rs 1,000; Min Rs 50 per transaction
maintained 100 per transaction

Rs 4 per Rs 1,000 plus anywhere cash deposit charge of Rs 5 per Rs 1,000; Min Rs 100
Monthly cash deposit > 12.0 Million Rs 4 per Rs 1,000; Min Rs 50 per transaction
per transaction

Charges for other transactions

Cash Withdrawl non-
Non-cash transaction Cheque leaves Transaction charges DD/PO issuance Penal charges for accounts not maintaining MAB
base location

Rs 0.50 per 1000 subject to min Rs. 50 per txn.

Charges
Rs 2 per 1000; Min Rs Only for UCC. Rs 50 per instrument less than Rs 2 per 1000; Min Rs Rs 25 per transaction from first transaction. Not applicable
beyond free Rs. 2 per leaf Rs. 25 per transaction
50 per transaction Rs. 10,000; Rs 100 for 10,001 to 1,00,000; Rs 50 per transaction on cash deposit transaction.
limits
150 for instrument greater than 1,00,001

1
Mode of calculation of Monthly Average Balance - Average of daily closing positive balances of each day spread over a period of one month
2
Base Location refers to all the Branches which belong to the same clearing zone in which the account is opened
3
Non Cash Transactions include Demand Drafts, Pay Order, Multicity cheque payments, Local Cheque collection Non base & Upcountry Cheque Collections
4
Total includes all cash & clearing transactions except payments / collections through RTGS & NEFT, Upcountry Cheque Collection and transactions
done through Internet / Phone / Mobile / ATM
All Cash transactions of Rs 10 Lacs & above on a single day would require prior intimation & approval of the Branch at least one working day in advance
Debit Card Related
Debit card charges Rs. 250 per year
Transactions at ICICI Bank ATMs Nil

6 metro locations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad): Rs 21 per financial
transaction & Rs 8.5 per non-financial transaction, post 3 transactions (inclusive of financial and non-financial
transactions).
ATM Interchange Other than 6 metro locations: Rs 21 per financial transaction and Rs 8.5 per non-financial transaction, post 5
(Transactions at Non ICICI Bank ATMs) transactions (inclusive of financial and non-financial transactions).
Maximum of 5 transactions free in a month, across locations, with a cap of 3 transactions at 6 metro locations.
ATM withdrawal at other bank (outside India)- Rs
125/transaction +3.5% currency conversion charge. Non financial 25/transaction

Replacement of lost / stolen debit card, Replacement of PIN Rs. 200 per instance.
Cash Management Services

One Time Setup Fee - Rs 7500

FT - Rs Nil
NEFT - Rs 2.5
RTGS - Rs 5
iMultipay / iPay (Apply from branches)
Cheque/DD - Rs 5
IMPS - Amount up to Rs 1,000 - Rs 2.50 per transaction
Amount above Rs 1,000 to Rs 1,00,000 - Rs 5 per transaction
Amount above Rs 1,00,000 to Rs 5,00,000 - Rs 15 per transaction

One Time Setup Fee - 2000

FT - Nil
NEFT - 1
iMultipay / iPay (Apply through CIB/InstaBIZ) RTGS - 1
IMPS - Amount up to Rs 1,000 - Rs 2.50 per transaction
Amount above Rs 1,000 to Rs 1,00,000 - Rs 5 per transaction
Amount above Rs 1,00,000 to Rs 5,00,000 - Rs 15 per transaction

One Time Setup Fee - Rs 5000

Virtual Account Collection(E-Collection) (Apply from branches)
Per Transaction Rs - 1

One Time Setup Fee - 2000

Virtual Account Collection(E-Collection) (Apply through CIB/InstaBIZ)
Per Transaction Rs - 1

Other Common Charges

Account closure charges Nil

20 per transaction if transaction amount is between 2 lakh to 5 lakh; 45 per transaction if

RTGS payment (Charges applicable if MAB maintained is less than 1 lac) transaction amount is above 5 lakh;
No charges for RTGS payments done using Internet Banking / Mobile Banking

Transaction up to 10,000: 2.25 per transaction; 10,001 to 1 lakh: 4.75 per transaction; 1 lakh to 2 lakh:
NEFT payment (Charges applicable if MAB maintained is less than 1 lac) 14.75 per transaction; Above 2 lakh: 24.75 per transaction;
No charges for NEFT payments done using Internet Banking / Mobile Banking
 Amount up to Rs 1,000- Rs 2.50/- per transaction
IMPS Payments
Amount above Rs 1,000 to Rs 1,00,000 - Rs 5/- per transaction
Amount above Rs 1,00,000 to Rs 5,00,000 - Rs 15/- per transaction

25 per month for non-individual; 15 paisa per SMS for individual;Free if MAB maintained during the monthis 1 lakh
Mobile alerts
or above

Account statement through Fax (Daily/ Weekly / Fortnightly / Monthly) Rs 5 per page; min Rs 200 per month
Cheque return – Issued by Customer ( including fund transfer ) Rs. 500 per instrument (Financial Reason)
Cheque return – Deposited by Customer Rs. 100 for every cheque return
Interest Certificate Nil
Signature attestation Rs. 100 per application/letter
Balance Certificate Nil
Retrieval of old transactional documents / Enquiries related to old records Nil
Standing Instructions – Setup Nil
DD/PO - Cancellation / Duplicate / Revalidation Rs 100 per instance
Stop Payment charges Particular cheque - Rs.100(NIL through customer care IVR & Digitalbanking)
Standing Instructions- Rejection Rs 200 per instance for financial reasons

Rs.100 per statement at branch or Customer Care (non-IVR), Rs. 50 per statement through Customer Care (IVR),
Issue of Duplicate Statement
ATM and Net banking

ECS Debit Return Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same
mandate.

Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee
Deliverable returned by courier shifted and no such address, etc.) – Rs 50 per instance

Deliverable destroyed at branches Any deliverable not picked up (within the stipulated time) - Rs 50 per instance
Decline of transaction at other bank ATM or point of sale (POS) due to insufficient balance in the account Rs. 25 per transaction
This schedule is produced to keep the customer informed of broad range of services. For any services or charges not covered under this brochure, please contact
any of our branches or write to corporatecare@icicibank.com
The service charges are subject to change without any prior intimation to customer. However, the prevailing charges would be hosted on www.icicibank.com . Charge
cycle period shall be from 1st to 30th / 31st of every month.
All charges are exclusive of GST as applicable. For detail Terms and Conditions, please refer to www.icicibank.com .

Customer Signature