The bank can charge a fee if you are unable to maintain the monthly average in your accoun
As long as you maintain the minimum balance in the savings account, you are not required to pay any maintenance charges. However, the minimum balance requirements does vary between banks. The bank can charge a fee if you are unable to maintain the monthly average in your account. At the same time, you can also use the net banking facility of the bank for fund transfers to/from your savings account from the comforts of your home or office.
Products mentioned by this review
ICIC Bank Savings Account
The ICIC Bank Savings Account allows you to earn an attractive interest along with the option to withdraw funds or transfer them to your linked current account. It also features multi-currency option yet it is up to you if you prefer opening an account in Singapore Dollar only.31
Providers mentioned by this review
ICICI Bank Limited is an Indian multinational banking and financial services company. It was formerly a wholly-owned subsidiary of ICICI Limited, an Indian financial institution, which promoted it in 1994. The Bank’s consolidated total assets comprise of Rs.12.50 trillion as of June 30, 2019. ICICI Bank currently has a network of 4,882 branches and 15,101 ATMs widespread over India and is prevalent in 17 countries including India. ICICI Bank provides a comprehensive range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its group companies all over the world. It is the second-largest bank in India in terms of assets and market capitalization and currently has a staff strength of over 84,000.no reviews1