If you are a consumer of hdfc or icici bank and use credit cards or banking services, then this information is crucial for you. From July 1, 2025, those banks have announced they will change many of their fees and guidelines.
This in particular consists of credit card use, pockets recharge, ATM transactions, and financial institution carrier prices.
Allow us to understand separately what is going to exchange for hdfc and icici bank clients from July 1.
HDFC Bank: New fee on online gaming and pockets
In case you spend more than Rs 10,000 each month on gaming apps like Dream11, MPL, and Rummy Subculture with an hdfc credit score card, then now you'll have to pay an extra charge of 1%. This price could be confined to Rs 4,999, consistent with the month. Additionally, no praise factors can be given on these transactions.
At the same time, in case you load more than Rs 10,000 in a month in 1/3-birthday party wallets (like Paytm, Mobikwik, Freecharge, and ola Cash), then a price of one percent could be levied on that too. Here, additionally, the restriction of charge can be up to Rs 4,999 in step with the month.
A rate will also be levied on the utility bill.
If you pay greater than Rs 50,000 in software payments (power, water, fuel, and so on) in a month along with your hdfc credit score card, then now you'll have to pay an additional fee of 1%. Here, additionally, the maximum restriction of fees has been constant at Rs 4,999. However, there can be no rate on
This is in case you pay the coverage premium with your card; then this price will not be levied.
What has changed in rent, fuel, and education transactions?
A 1% rate on rent will hold as earlier. At the identical time, a 1% charge may be levied on transactions of more than Rs 15,000 for fuel. However, in case you pay the fees through the reliable website of any school or college or a card gadget, then there can be no rate. In some of these categories also, the maximum rate limit has been constant at Rs 4,999 per transaction.
ICICI Bank: Boom in ATM, Debit Card, and service Charges
ICICI bank has also introduced the implementation of recent expenses on banking services. Now, services like cash deposit, check deposit, call for draft, and pay order can be charged Rs 2 consistent with Rs 1,000. The minimum limit of this rate may be Rs 50, and the maximum limit will be Rs 15,000. Earlier, the bank used to charge Rs 50 for an amount up to Rs 10,000 and Rs 5 for Rs 1,000 above that.
Fees also improved on ATM transactions.
Now if ICICI customers use the ATM of another bank, then after three loose transactions, they will have to pay Rs 23 for economic transactions and Rs 8.5 for non-economic transactions. Earlier this rate was Rs 21.
Annual expenses on debit cards also expanded.
ICICI financial institution has multiplied the yearly charge of debit playing cards from Rs 200 to Rs 300.
What ought clients to do?
If you use hdfc or icici bank cards or offerings, then get complete information approximately on those new policies before July 1. Particularly for folks that frequently do gaming, pocket loading, or high-quantity software bills, this modification can affect their pocket.
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