ICICI Bank introduces family savings accounts
Mumbai: As part of its strategy to acquire low-cost deposits, ICICI Bank has unveiled family banking savings accounts in an attempt to attract all members of a family to use its banking services.
In the basic family banking category, customers will have to maintain a minimum quarterly average balance of 
50,000 across any of the accounts linked with a single family. The remaining account holders in the family will not be subject to any minimum savings account requirement.
The family can consist of 2-6 members. However, any failure to maintain the minimum balance will attract a penalty of up to 1,500.
50,000 across any of the accounts linked with a single family. The remaining account holders in the family will not be subject to any minimum savings account requirement.
The family can consist of 2-6 members. However, any failure to maintain the minimum balance will attract a penalty of up to 1,500.