Will they charge for the balance OR is there any minimum balance for ICICI. It is saving account. Please help me
2006-10-31 17:09:09 · 5 answers · asked by vettri s 1 in Business & Finance ➔ Personal Finance
There is a minimum quarterly balance should be maintained in all banks. Better suggest your friend to open a sb account in ing vysya. where there is no balance maintaining, free 2 lakhs insurance coverage. and beauty of the account is any where atm, any bank atm & any where in india he can use. no charge.
2006-11-01 21:06:19 · answer #1 · answered by ram kiran 1 · 0⤊ 0⤋
It depends on what type of account he/she has. In any case you have to have a min. balance that you can check with the customer care. They review the balance sheet every three months and check for min. balance , if it is below than what was required they will charge you some money, other wise they wont.
2006-10-31 17:26:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋
it depend on account term and condition how much bank give u minimum balance limited and also what kind of account if it student account bank dint charge.if it general saving account and below minimum balance bank will charge.
2006-10-31 17:21:17 · answer #3 · answered by prakash t 1 · 0⤊ 0⤋
yes there is a minimum balance as agreed while opening.otherwise they will charge
2006-10-31 17:14:06 · answer #4 · answered by krishman1960 2 · 0⤊ 0⤋
ya they will charge your friend.
As min balance is calculated quarterly... and his/ her balance is lesser than that.
2006-11-01 19:47:09 · answer #5 · answered by Subhrangshu m 3 · 0⤊ 0⤋