What is the eligibility criteria for opening an ICICI Bank Silver Savings Account?

1 ANSWERS

1. Guest3363
   

   The Silver Savings Account brings to you exclusive benefits, especially created for valuable customers like you. To retain membership of this elite Silver Savings circle, all you need to do is maintain a minimum quarterly average relationship  of Rs.50,000 (of which a minimum quarterly average balance of Rs.25,000 has to be maintained in Savings account). If you do not maintain the required minimum balances for two consecutive quarters, Silver Savings account benefits will be withdrawn. In addition to the above, if quarterly average balance in the savings account falls below Rs.10,000, a charge of Rs.750 per quarter will be levied. Non-maintenance of QAB charges is not applicable for Salary customers.
   The QAR value is determined based on aggregate of the QAB maintained in the Savings Account and the balance in the term deposit account(s) as at the end of each quarter.

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