ICICI Bank has updated the service charges. (File Photo)
\n\nICICI Bank customers will have to pay as per the revised service charges from December 1, 2026, following a change announced through an email communication. The updated fee structure covers demand drafts, cash deposits and withdrawals beyond the permitted free limits, and electronic clearing service (ECS) debit returns. The revisions could affect customers who frequently visit bank branches for cash transactions or use demand drafts for payments. Those with recurring ECS payments should also note the applicable penalties for debit returns due to financial reasons.
\n\nCustomers are advised to check the latest fee schedule for their account category before making transactions, as charges may vary depending on the service used and the limits exceeded.
\n\nICICI Bank Demand Draft Charges From December 1
\n\nUnder the revised structure, ICICI Bank will not levy a charge on demand drafts below Rs 1 lakh. For demand drafts of Rs 1 lakh and above, the fee will be Rs 2 per Rs 1,000, subject to a maximum charge of Rs 15,000. Customers planning to obtain a demand draft should verify the applicable fee, particularly for an instrument valued at exactly Rs 1 lakh. The bank's published…
Original source: https://www.timesnownews.com/business-economy