ICICI Bank to revise savings account select cash transaction charges from December 1, 2026: Which customers need to pay more now

ICICI Bank is set to revise service charges on select savings account cash transactions, the bank informed its customers through a mail. The new transaction charges will be effective from December 1, 2026.

In its upcoming revision, ICICI Bank will raise the charge on savings account cash transactions above the complimentary value. However, there will be no change in the existing limit of free deposit and withdrawal transactions and charges per transaction after exceeding the free limit.

What are the revised transaction charges for ICICI Bank savings account customers?

Under the new structure, ICICI Bank savings account customers will still get three free cash deposit transactions and three free cash withdrawal transactions per month. But if the monthly complimentary value limit up to Rs 1 lakh each for deposits and withdrawals is crossed, the applicable charge will go up from Rs 3.50 to Rs 4 per Rs 1,000 transaction, or Rs 150, whichever is higher.


For illustration purposes, if the deposit or the withdrawal transaction value is Rs 1.01 lakh in a month, ICICI Bank customers need to pay Rs 150 as transaction charges. If the value is Rs 1.38 lakh, they need to pay Rs 152 as charges since it is a higher value than Rs 150.

Here is a comparison of the existing and revised ICICI Bank savings account transaction charges.

Particulars	Existing charges	Revised charges from December 1, 2026
Free cash deposit transactions	3 per month	3 per month
Free cash withdrawal transactions	3 per month	3 per month
Complimentary monthly cash deposit value	Up to Rs 1 lakh	Up to Rs 1 lakh
Complimentary monthly cash withdrawal value	Up to Rs 1 lakh	Up to Rs 1 lakh

Which are savings account transactions where new ICICI Bank charges will be applied?

The revised charges will apply to cash deposits and withdrawals at ICICI Bank branches and cash deposits through cash recycler machines.

This means that customers who frequently deposit or withdraw large amounts of cash could see increased charges from December 1, 2026. This current revision will not affect those who continue to stay within the limit of free monthly transactions.

ICICI Bank FD interest rate

ICICI Bank offers highest FD interest rate of 6.50% for regular citizens and 7.10% for senior citizens on tenure of 3 years 1 day to 5 years for amounts below Rs 3 crore.

Tenure	With premature withdrawal facility
	General citizen	Senior citizen
7 to 45 Days	2.75%	3.25%
46 to 90 Days	4%	4.50%
91 to 184 Days	4.50%	5%
185 Days to < 1 Year	5.50%	6%
1 Year to < 18 Months	6.25%	6.75%
18 Months to 2 Years	6.30%	6.80%
2 Years 1 Day to 3 Years	6.45%	6.95%
3 Years 1 Day to 5 Years	6.50%	7.10%
	HIGHEST	HIGHEST
5 Years 1 Day to 10 Years	6.50%	7%
	HIGHEST
5Y (Tax Saver FD)	6.50%	7.10%
	HIGHEST	HIGHEST