ICICI Bank to hike ATM charges However, no charge beyond five transactions if average monthly balance of Rs 25,000 is maintained

After SBI, HDFC Bank & Axis Bank now ICICI Bank has also decided to charge its own customers for using their Automated Teller Machines (ATMs) after five transactions.

After exceeding the five free transaction limits, customers will have to pay Rs 20 per financial transaction excluding service tax and Rs 8.50 for every non-financial transaction for using own bank's ATM.

These charges will also be applicable at non-ICICI Bank ATMs in six metros after three free transactions--Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad.

In case if the card is used in non-metro areas then customers can enjoy five free transactions per month at non-ICICI Bank ATMs, after which the same charges will apply.

However, if you maintain an average monthly balance of more than Rs 25,000, then you will not be charged for using the bank's ATM even beyond five transactions.