|ICICI Bank Advantage Woman Savings Account|
|Minimum Average Balance (Regular Acc.)||Rs. 10,000|
|Interest Rate||3.00% to 3.50%|
|Eligible Customers||Women in the age group of 18-59 years|
ICICI Bank Advantage Woman Savings Account is for women in the age group of 18-59 years. This savings account has several shopping benefits, lucrative offers, discounts, and special rewards. The initiative is to give women freedom of choice, and access banking from anywhere. This account has variants such as Regular, Silver, Gold, and Platinum. You also have the chance to get a dedicated Relationship Manager. Joint accounts are possible, with the primary holder as female.
In this post, we will discuss ICICI Bank Advantage Woman Savings Account features, interest rate, eligibility criteria, details of all the variant accounts, fees and charges, and frequently asked questions.
Here are the features of this ICICI Bank Savings Account:
Here are the eligibility norms:
ICICI Bank Advantage Woman Savings Account Interest Rate is between 3.00% to 3.5% per annum.
Here are details of the variants for this ICICI Bank Savings Account:
Here is the information:
Here are the details:
Here is more to know:
Here is the information:
Here are the charges on this type of ICICI Bank Savings Account:
|ICICI Bank Advantage Woman Savings Account Charges and Details|
|Non-maintenance of Minimum Monthly Average Balance||6% of the shortfall in required MAB or Rs. 500 whichever is lower.|
1) 4 free cash transactions every month. But Rs. 150 will apply per transaction beyond this limit.
2) For the home branch, you get every month free limit of Rs. 1 lakh. Over this limit, Rs. 5 will apply per Rs. 1,000, with minimum charge subject to Rs. 150.
In the case of a non-home branch, no charges apply for the transaction limit of Rs. 25,000 per day. Over this limit, Rs. 5 will apply on every Rs. 1,000, subject to Rs. 150 minimum.3) For third-party transactions, the limit is Rs. 25,000 per instance. Beyond this, Rs. 150 will apply to every transaction.
|Additional Cash Transaction||Cash deposits done at cash recycler machines and free transactions on the same will cost Rs. 100 per instance for the initial 2 transactions. Thereafter, the cost is Rs. 125 per instance if you do not maintain the monthly average balance.|
|Issue of DD drawn on ICICI Bank by cheque/transfer||Rs. 50 per Demand Draft of the value of up to Rs. 10,000. Thereafter for every Rs. 1,000, Rs. 5 will apply. The minimum charge here is however Rs. 75, and the maximum cost is Rs. 15,000.|
|Debit Card Fees for first Account Holder||For Gramin locations, it is Rs. 99 per annum. For other locations, it is Rs. 150 per annum.|
|Debit Card Fees for joint Account Holder||For Gramin locations, it is Rs. 99 per annum. For other locations, it is Rs. 150 per annum.|
|Debit Card Cash withdrawal limit||The daily spending limit for domestic and international transactions is Rs. 1 lakh. And the withdrawal limit is Rs. 50,000.|
|Cheque Books||No charges for 25 payable-at-par cheque leaves, yearly. For every additional book of 10 leaves, Rs. 20 will apply.|
|Value Added SMS Alerts||Rs. 15 per quarter|
|Outstation cheque collection –through ICICI bank branch locations and non-ICICI bank branch locations||Rs. 25 per instrument of value up to Rs. 5,000. Rs. 50 per instrument of value Rs. 5,001 to Rs. 10,000. Rs. 100 per instrument of value over Rs. 10,001 to Rs. 1 lakh. Rs. 200 per instrument of value over Rs. 1 lakh.|
Here are the FAQs for this ICICI Bank Savings Account:
The bank offers free email statements, a passbook for all individual account holders, payable at par multi-city cheque book, the iMobile app, and internet banking for eased transactions.
You need to submit your KYC documents along with 2 passport-size photographs.
You can put a request to port your savings account from the parent branch to another. This is possible through contacting customer care or internet banking. Also, you can visit the existing bank branch and submit a written request for the same. It takes about 2 working days for this activity to complete. For this, you must surrender the cheque book provided, debit card, etc. During the process, the account operations will be suspended, and the account number shall be changed.
The Value-Added Services include investments, insurance, and deposit schemes.
In a month, the first five financial and non-financial transactions together are free. Charges will apply thereafter.