<div id="readability-page-1"><div id="parent_top_div">ICICI Bank, India’s second-largest private sector lender, has reversed its decision to raise the minimum average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000. The revised MAB now stands at Rs 15,000, effective August 1. Additionally, the MAB for new savings accounts in semi-urban locations has been reduced from Rs 25,000 to Rs 7,500, while for rural locations, it has been cut from Rs 10,000 to Rs 2,500. “We had introduced new requirements for the MAB for new savings accounts opened from August 1, 2025. Following valuable feedback from our customers, we have revised these requirements to better reflect their expectations and preferences. We thank our customers for their continued trust and feedback, which help us serve them better,” the bank said. MAB is calculated as the simple average of day-end balances for a calendar month. <div> The bank had faced significant criticism on social media after announcing the earlier increase in MAB thresholds for new savings accounts. ALSO READ: Focused on maintaining low-cost funding profile, says ICICI chairman </div> Even after the revision, the MAB is higher than the earlier structure. Previously, new savings accounts in metro and urban areas required a MAB of Rs 10,000. In semi-urban and rural branches, the requirement stood at Rs 5,000 each. Earlier this week, Reserve Bank of India (RBI) Governor Sanjay Malhotra clarified that the regulator has left it to individual banks to decide the extent of MAB, and there are no regulatory restrictions in this regard. Other major private sector lenders such as HDFC Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, and Yes Bank continue to maintain a MAB requirement of Rs 10,000 in metro and urban centres. In contrast, state-owned banks including State Bank of India, Bank of Baroda, and Union Bank of India have recently waived minimum balance requirements to enhance customer convenience. Separately, HDFC Bank, the country’s largest private sector lender, clarified that there has been no change in its Average Monthly Balance (AMB) requirements for any account type. AMB for the Regular Savings Account continues to be Rs 10,000, and for the Savings Max Account, Rs 25,000. “Given customer usage in metro areas, the bank will prioritise offering the Savings Max Account to customers opening new accounts in metro branches,” HDFC Bank said.</div></div>

印度工業信貸投資銀行

印度工業信貸投資銀行已將大城市和城市地區新儲蓄賬户的最低平均餘額（MAB）從 ₹50,000 調整至 ₹15,000，調整將於 8 月 1 日生效。半城市地區的 MAB 現在為 ₹7,500，農村地區為 ₹2,500。此變更是基於客户反饋，考慮到最初的提高。新的 MAB 仍高於之前的要求，之前大城市和城市地區為 ₹10,000，半城市和農村分行為 ₹5,000。其他銀行在大城市地區維持 ₹10,000 的 MAB，而一些國有銀行已取消最低餘額要求

ICICI Bank revises minimum account balance to ₹15,000 from ₹50,000