ICICI Bank cash deposit charges depend on account type and monthly cash deposit limit. Savings accounts usually allow free deposits up to a fixed limit, after which charges apply per ₹1000 deposited. Non-home branch deposits may attract additional fees as per ICICI Bank rules.
What Are Cash Deposit Charges in ICICI Bank?
ICICI Bank allows customers to deposit cash in their accounts, but charges may apply after crossing the free monthly limit. Charges depend on account type, number of transactions and sometimes number of notes deposited.
ICICI Bank Cash Deposit Charges – Saving Account
| Category | Charges |
| Monthly Free Limit | Up to ₹1 lakh (may vary by account type) |
| After Free Limit | ₹5 per ₹1000 or part thereof |
| Cash Handling (Bulk Notes) | Applicable as per branch policy |
Free Cash Deposit Limit in ICICI Bank
ICICI Bank Cash Deposit Charges – Current Account
| Category | Charges |
| Monthly Free Limit | Based on account variant (slab system) |
| After Limit | ₹5–₹6 per ₹1000 |
| Per Note Charges | May apply per 100 or 1000 notes in bulk deposits |
Does ICICI Bank Charge Per Number of Notes?
Yes, ICICI Bank may apply cash handling charges if the number of notes exceeds operational limits. Bulk cash deposits especially in current accounts are subject to per-note counting charges.
How to Avoid Extra Charges
Stay within monthly free deposit limits, use Cash Deposit Machines (CDM), and distribute deposits wisely across months to reduce service charges.
FAQs
1. How much cash deposit is free in ICICI Bank?
It depends on account type and variant.
2. Does ICICI charge per note?
Yes, bulk deposits may attract counting charges.
3. Are charges same for home and non-home branch?
Charges may differ based on branch and account type.
These charges varies depending on the account category.
