India, Aug. 9 -- Private lender ICICI Bank has increased the minimum average balance requirement for all savings accounts opened on or after August 1 to Rs 50,000 for metro and urban areas.

The minimum balance that a customer needed to maintain in their account was previously Rs. 10,000.

Compared to the previous requirement of maintaining Rs. 5,000 customers in semi-urban branches will need to maintain a minimum average balance of Rs. 25,000.

In rural branches, the private bank has increased the amount to Rs. 10,000 from Rs. 2500.

This revised rule applies to all new customers opening accounts from August 1, 2025, who will be required to maintain the higher balance, as reported by The Economic Times.

According to reports, people who ...