ICICI Mine Savings Account (Zero Balance Account)

Dont use mine.... Better go to branch... And open icici regular account... With least mab of 2000 in rural branch.  Mine has lot of restrictions for everything.... Only two debit card to choose from.... Cant get platinum based card on fd....... And after 35 age icici has right to convert to regular account... So ultimately u will come back to regular savings account... There are better zero balance accounts available.... Like kotak 811, au bank.... 

batmanBABA wrote:

Dont use mine…. Better go to branch… And open icici regular account… With least mab of 2000 in rural branch.  Mine has lot of restrictions for everything…. Only two debit card to choose from…. Cant get platinum based card on fd……. And after 35 age icici has right to convert to regular account… So ultimately u will come back to regular savings account… There are better zero balance accounts available…. Like kotak 811, au bank…. 

Mab is 25k for regular savings account in my case as i belong to metro city. Not even 10k it’s 25k.

MisterTea wrote:

Mab is 25k for regular savings account in my case as i belong to metro city. Not even 10k it’s 25k.

You can tell me the city… I will tell u any rural or semi urban branch… Mab only 2000 or 5000…. 

If u don’t do much branch visit and regular deposits then its good option

batmanBABA wrote:

You can tell me the city… I will tell u any rural or semi urban branch… Mab only 2000 or 5000…. 

If u don’t do much branch visit and regular deposits then its good option

City is Kolkata, and yesterday when i visited branch they told me this, they have increased mab to 25k for metro cities and 10k for gramin area for regular savings account.

MisterTea wrote:

City is Kolkata, and yesterday when i visited branch they told me this, they have increased mab to 25k for metro cities and 10k for gramin area for regular savings account.

They have clearly made a fool out of you… There is nothing such…. When i went to my rural branch for first time they were not ready to open the account for less than 50000 deposit… I complained on twitter… Next day same employee called me and opened same account with 2000 deposit…along with offering tea and snacks…


Social media escalation is very bad for these employee but they don’t work without it… They just want to get heavy deposit to impress their seniors….
In icici… Be ready for 2-3 branch visits and one twitter complaint….

batmanBABA wrote:

They have clearly made a fool out of you… There is nothing such…. When i went to my rural branch for first time they were not ready to open the account for less than 50000 deposit… I complained on twitter… Next day same employee called me and opened same account with 2000 deposit…along with offering tea and snacks…


Social media escalation is very bad for these employee but they don’t work without it… They just want to get heavy deposit to impress their seniors….
In icici… Be ready for 2-3 branch visits and one twitter complaint….

In kolkata all branches of icici are Metropolitan…. So no option… If u have id of any other place…. You can try… One dimer..of kolkata… .since he had id of 24 PARGANA… There was a semi urban.branch. I told him the branch… He opened his account successfuly…..

batmanBABA wrote:

Dont use mine…. Better go to branch… And open icici regular account… With least mab of 2000 in rural branch.  Mine has lot of restrictions for everything…. Only two debit card to choose from…. Cant get platinum based card on fd……. And after 35 age icici has right to convert to regular account… So ultimately u will come back to regular savings account… There are better zero balance accounts available…. Like kotak 811, au bank…. 

ICICI Mine is a Good ZERO Balance Saving A/c for Millenials.

Yes, Why do we need Debit Card Nowadays moreover who uses a PLASTIC DEBIT CARD these days everybody uses UPI and Credit Card (Better Rewards, Offers) so, Card Variant is not an issue and remember it’s a ZERO Balance Account.

Now, Talking about offers there is not any difference between my Savings Account and a Regular ICICI Savings Account.

I have got nearly 13 Pre-Approved Offers Including Instant loans, Vehicle Loan, House loans, etc so it’s good who uses them effectively but always maintains a Balance like 10k.

shraaj wrote:

ICICI Mine is a Good ZERO Balance Saving A/c for Millenials.

Yes, Why do we need Debit Card Nowadays moreover who uses a PLASTIC DEBIT CARD these days everybody uses UPI and Credit Card (Better Rewards, Offers) so, Card Variant is not an issue and remember it’s a ZERO Balance Account.

Now, Talking about offers there is not any difference between my Savings Account and a Regular ICICI Savings Account.

I have got nearly 13 Pre-Approved Offers Including Instant loans, Vehicle Loan, House loans, etc so it’s good who uses them effectively but always maintains a Balance like 10k.

I prefer not to park too much money for just keeping my account not be charged… For non maintenance..more liquid money better it is… .. And your talk about debit card is fine…. I agree with it..but currently rupay platinum is giving good offers…. Icici also offers rupay platinum card which I own.as. Mine user u cant get it… Plus in icici without debit card u cant use net banking so if you want a debit card with icici better to take rupay platinum…. .. . And also icici has no good card other than apay…… You can open mine but after 35 years of age… It will be converted to regular savings account…. So no use of it….


2000 is reasonable amount to keep in account for no charges of maintenance…. And icici dont differentiate in location of branch for giving pre approved offers…

There are better zero balance products in market which dont restrict your choices or transaction limits… Just do two or three heavy transactions and see the magic of icici…. MY one friends mine account was blocked just because he did transactions of around 30000 for two months……. In my regular account… No such restrictions…..

Once Ask queries regarding mab on twitter and tell that that branch is saying to deposit more amount.

then after branch will follow up with you

I faced issue in KYC branch Said kyc device not working for 2-3 times then i complaint on twitter from next day I got call 3-4 times till i completed my kyc.

batmanBABA wrote:

I prefer not to park too much money for just keeping my account not be charged… For non maintenance..more liquid money better it is… .. And your talk about debit card is fine…. I agree with it..but currently rupay platinum is giving good offers…. Icici also offers rupay platinum card which I own.as. Mine user u cant get it… Plus in icici without debit card u cant use net banking so if you want a debit card with icici better to take rupay platinum…. .. . And also icici has no good card other than apay…… You can open mine but after 35 years of age… It will be converted to regular savings account…. So no use of it….


2000 is reasonable amount to keep in account for no charges of maintenance…. And icici dont differentiate in location of branch for giving pre approved offers…

There are better zero balance products in market which dont restrict your choices or transaction limits… Just do two or three heavy transactions and see the magic of icici…. MY one friends mine account was blocked just because he did transactions of around 30000 for two months……. In my regular account… No such restrictions…..

I am happy with My ICICI Mine Account as I am Millenial.😘

It’s the best bank for me, also I have Kotak 811 Account 

shraaj wrote:

I am happy with My ICICI Mine Account as I am Millenial.😘

It’s the best bank for me, also I have Kotak 811 Account 

I have few questions from you..

1. Is it really zero balance account like Kotak811? Or have paid any kind of penalty for not maintaining balance?
2. How long do you hold this account?
3. What’s your usual MAB for this account?
4. Are you able to see an option to apply for fd based credit card with this account?
Please clear my doubts, thanks in advance!

MisterTea wrote:

I have few questions from you..

1. Is it really zero balance account like Kotak811? Or have paid any kind of penalty for not maintaining balance?
2. How long do you hold this account?
3. What’s your usual MAB for this account?
4. Are you able to see an option to apply for fd based credit card with this account?
Please clear my doubts, thanks in advance!

1. Yes, It is a zero balance account like kotak811. No MAB required.
2. Since ICICI started mine account
3. Mostly zero
4. Yeah FD based CC option is available

MrThanos wrote:

1. Yes, It is a zero balance account like kotak811. No MAB required.
2. Since ICICI started mine account
3. Mostly zero
4. Yeah FD based CC option is available

Thanks for replying to @MisterTea;

My Answer is the same.

@batmanBABA Mention some official document link/email where it is mentioned that MINE acc will be converted to regular acc after 35 years of age because I couldn’t find any such source. Bank reserves the right to convert any acc at any time after giving due notice so unless you can show such a source it can be safely assumed that MINE acc will continue to remain so even after 35 years of age unless icici start sending notices to specific users for acc conversion.

ICICI Regular Savings account monthly average balance is 10K, not 25K however initial funding/deposit of 20K-25K is often required. I just opened account last month online and it’s 10K: https://www.icicibank.com/Personal-Banking/acco...

MrThanos wrote:

1. Yes, It is a zero balance account like kotak811. No MAB required.
2. Since ICICI started mine account
3. Mostly zero
4. Yeah FD based CC option is available

I got charged on NEFT transaction of 10K+

jk030753386 wrote:

I got charged on NEFT transaction of 10K+

ICICI has NEFT Charges for all categories of savings accounts

jk030753386 wrote:

I got charged on NEFT transaction of 10K+

Partial wrong info. Only Branch NEFT,RTGS is Chargeable (same for all bank). Online RTGS,NEFT (THROUGH INTERNET BANKING, imobile app, MOBILE BANKING) is completely free for All bank as service is provided by RBI not bank itself.

bhopali91355 wrote:

Partial wrong info. Only Branch NEFT,RTGS is Chargeable (same for all bank). Online RTGS,NEFT (THROUGH INTERNET BANKING, imobile app, MOBILE BANKING) is completely free for All bank as service is provided by RBI not bank itself.

Sorry I just checked it twice it was an IMPS transaction

jk030753386 wrote:

Sorry I just checked it twice it was an IMPS transaction

Imps is chargeable It’s 5+gst for transactions below 1lac and 15+ gst for above 1 lac.

jk030753386 wrote:

I got charged on NEFT transaction of 10K+

ICICI charges for NEFT transactions for all savings account categories

batmanBABA wrote:

You can tell me the city... I will tell u any rural or semi urban branch... Mab only 2000 or 5000.... 

If u don't do much branch visit and regular deposits then its good option

Hey! Can you point me out for Semi urban or rural branch for my city? I’m from Thane

buttman wrote:

Hey! Can you point me out for Semi urban or rural branch for my city? I’m from Thane

Only 3 branches.... Akaloli, ambivali and khoni-palava

batmanBABA wrote:





Only 3 branches.... Akaloli, ambivali and khoni-palava

How do we check this? I can try to shift my branch to the closest location from my city.

Check This link for rural branches

buttman wrote:

How do we check this? I can try to shift my branch to the closest location from my city.

https://dbie.rbi.org.in/DBIE/MOFSelectPar...sp 

Its a confusing website so welcome to wizards world

batmanBABA wrote:

https://dbie.rbi.org.in/DBIE/MOFSelectPar...sp 

Its a confusing website so welcome to wizards world

As mine is discontinued by ICICI.. Did ICICI has any account (other than BSBDA) which is zero balance or can be made zero balance (with the help of min fd/initial deposit)? 

Ps:I am aware of wealth with 5L cheque, I am looking for one with lesser amount. Not interested to deposit this much amt in ICICI just for sake of 0 bal

IndianDimer wrote:

As mine is discontinued by ICICI.. Did ICICI has any account (other than BSBDA) which is zero balance or can be made zero balance (with the help of min fd/initial deposit)? 

Ps:I am aware of wealth with 5L cheque, I am looking for one with lesser amount. Not interested to deposit this much amt in ICICI just for sake of 0 bal

Only salary account and wealth as of today have zero mab required .... Or go directly to rural branch... And tell them to open regular savings account.... Not insta save... They will not do it in one try... Will tell u minimum 80000 required to open account.... Come home... Complain on twitter with branch details... Next day.. Branch manager will open tge same regular account.... With only 2000 mab...... Chai coffee also given by manager... I did the same...

batmanBABA wrote:
Only salary account and wealth as of today have zero mab required .... Or go directly to rural branch... And tell them to open regular savings account.... Not insta save... They will not do it in one try... Will tell u minimum 80000 required to open account.... Come home... Complain on twitter with branch details... Next day.. Branch manager will open tge same regular account.... With only 2000 mab...... Chai coffee also given by manager... I did the same...

Unfortunately no nearby rural branch. Nearest one is 100km far..!

Insta save FD account also discontinued. 10k fd was a good option instead of maintaining 10k