ICICI Bank Debit Card Charges: Withdrawal Charges Per Year, Decline Charges

If you use an ICICI Bank debit card, it's essential to understand the various charges that may apply — from withdrawal fees to decline charges, both in India and abroad. Knowing these details can help you manage your expenditures and avoid unexpected costs. In this blog, we’ll break down ICICI Bank debit card charges, including annual withdrawal limits, decline fees, and other important details.

ICICI Bank Debit Card Charges

ICICI Bank offers various debit cards with different charges — here are some of the common fees to know.

ICICI Bank Annual Debit Card Charges

Here is a list of the ICICI debit card annual charges that are applicable for customers in 2025:

ICICI Bank Debit Card Withdrawal Charges

Here is a list of particular charges that get imposed on ICICI debit card withdrawals:

Domestic ATM Withdrawals

• First five transactions per month (financial + non-financial) at ICICI Bank ATMs are free.
• After the free limit at ICICI Bank ATM  ₹21 per financial transaction, ₹10.03 per non-financial transaction (incl. GST) is charged.
• The first three transactions per month are free at non-ICICI ATMs in metro cities (Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Hyderabad).
• At non-ICICI ATMs in non-metro cities, the first five transactions per month are free.
• After the free limit at non-ICICI ATMs, ₹21 per financial transaction, ₹10.03 per non-financial transaction (incl. GST) is charged.

International ATM Withdrawals

• Withdrawals at both ICIC and non-ICICI Bank international ATMs are also charged ₹125, plus 3.5% currency conversion fee (excluding GST).

ICICI Debit Card International Transaction Charges

ICICI Bank charges a lot of charges on foreign currency transactions which also includes a 3.5% markup fee, DCC (Dynamic Currency Conversion), and ATM withdrawal charges. By understanding these charges, you can manage your expenses even better. Here is a detailed overview of the ICICI Bank debit card charges that apply:

ICICI Bank Debit Card Service Charges

ICICI applies various charges for its debit card services: 

• Card Replacement Fees: Rs 200 charged for card replacement in case of theft of damages.
• Foreign Currency Transaction Markup Fees: ICICI Bank charges a markup fee of Rs 3.5% during charges conducted in a foreign currency.
• Fuel Surcharge: This surcharge is typically 1% of the total transaction amount, with a minimum charge of ₹10 and a maximum of ₹100 per transaction.
• EMI on Debit Card: Conversion of large debit card transactions into EMIs incur a processing fee of 12%-15% every year. 
• Dynamic Currency Conversion (DCC): enables customers to pay for purchases in INR or Indian rupees rather than foreign currency, the charges for which depend on the type of transaction and merchant.

ICICI Bank Declined Transaction Charges

ICICI Bank imposes charges for transactions which are declined due to insufficient funds in customers’ accounts. If a transaction is made at any non-ICICI bank ATM or POS (Point of Sale) and it gets declined due to having insufficient balance, a charge of Rs. 25 (+18% GST) will be applicable for every transaction. These charges can be viewed in an account statement labelled as ‘POSDEC CHRGS’.

ICICI Bank debit card charges are necessary to know when considering using their services. Hence, it is recommended to stay informed and conduct transactions wisely by knowing the limits and restrictions. Also, make sure to regularly track the official site of ICICI to monitor changes to their various debit card policies and fees.

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