Comparison of Charges for Current Account in SBI & ICICI Bank
ICICI Bank
|
SBI Bank
| |
Product Name
|
Standard Roaming Current Account
|
Standard Current Account
|
Minimum Balance
|
Rs. 10,000/-
|
Rs. 10,000/-
|
Minimum Balance calculated
|
Monthly Average Balance
Average of daily closing positive balances of each day spread over a period of one month
|
Daily
|
Non Maintenance of Minimum Balance
|
300 + Rs 10 per transaction thereafter
|
Rs 500
|
Free Cheques
|
25
|
Nil
|
Cheque Issue charges
|
Rs 2 per Cheque
|
Rs 2 per Cheque
|
Multicity Cheque
|
Rs 3 per Cheque
| |
Debit Card Charges
|
250 per year
|
50 per year
|
Mobile Alerts
Physical Statements by Post |
Rs 25 per month
Rs 25 per Month |
Free
Free |
Free Transaction by Visiting the Branch like cash deposits
|
20
Thereafter Rs 10 per transaction
|
Unlimited
|
Account Closure after 6 months
|
Rs 200 (For Corporates)
|
Rs 500 (For Corporates)
|
Bank Statement
|
Rs 200 per Month
|
Nil
|
Cheque Issued by us Returned
|
Rs.350 for first 2 cheques, then Rs.750 from 3rd cheque onwards
|
Rs 75
|
Non Branch Deposit
|
Min Charges Rs 100
Rs 5 per thousand + Rs 0.50 per note
|
Max Rs 25000/-
Min Charges 25, Rs 2 per thousand
|
Non Branch Withdrawal
|
Rs 2 per Thousand, Min 50
|
No Charges
|
Cheque issued to us returned unpaid
|
Rs 100
150 (Outstation)
|
75
150 (Outstation)
|
DD Issue
|
Rs.50 per D.D. up to Rs.10,000;Rs.3 per thousand rupees or part thereof for DD of more than Rs.10,000, subject to a minimum of Rs.75 and maximum of Rs. 15,000
|
Up to 10,000/- Rs. 30/-
Above Rs10,000/- Rs.2.50 per Rs 1,000 Min. Rs. 50/- Max. Rs 12500/- |
DD Issue by Cash
|
Rs.4 per thousand rupees or part thereof, subject to a minimum of Rs.100 and maximum of Rs. 15000
|
For remittances by cash deposit, cash handling charges will be extra
|
Issue of PO/ Bankers Cheque
|
Rs.75 for PO of up to Rs.10,000, For PO above Rs.10,000 Rs.2.50 per thousand rupees or part thereof, subject to a minimum of Rs.75 and maximum of Rs.15000
|
Up to 10,000/- Rs. 30/-
Above Rs10,000/- Rs.2.50 per Rs1,000 Min. Rs. 50/- Max. Rs 12500/- |
PO/ Bankers Cheque
|
Rs.150 per PO for amounts up to Rs.50,000, For PO above Rs. 50,000 Rs.4 per thousand rupees or part thereof, subject to a minimum of Rs.150 and maximum of Rs.15000
|
For remittances by cash deposit, cash handling charges will be extra
|
Stop Payment, Standing Instructions, Signature Verification
|
Rs 100
|
50
|
Cancellation, Duplicate,Revalidation of DD or PO, Duplicate Statement, Balance Certificate
|
Rs 100
|
Rs 100
|
Re issue of Internet ID or Password
|
Rs 50
|
Nil
|
Collection of Cheques
|
Local – Nil
Outstation-
|
Local- Nil
Outstation-
|
Common in Both
|
Free Internet Banking
|
Free Internet Banking
|
Free Pass book
|
Free Pass book
|