Do I need to maintain a monthly average balance for the ICICI Bank Young Stars account?


#1

Do I need to maintain a monthly average balance for the ICICI Bank Young Stars account?


#2

The minimum Monthly Average Balance (MAB) to be maintained for the ICICI Bank Young Stars Account is Rs.2, 500. The account comes with a free Young Stars Debit Card allowing both cash withdrawals and point of sale service. ICICI Bank Young Stars Account is available for children in the age group of 1day-18 years. The guardian can open and operate the account on behalf of the minor.


#3

Hi Aswani,

Yes, for the ICICI Bank Young Stars Account you need to maintain a minimum monthly average balance of Rs. 2,500. In case this balance isn’t maintained, a charge of 5% of the shortfall in required monthly average balance will be levied.

Cheers,
Team BB