ICICI Bank Cash Withdrawal Limit: What You Need to Know

ICICI Bank is one of India’s leading private sector banks, known for its wide range of banking services. Among these services, the cash withdrawal limit is a key concern for many customers. Understanding this limit is crucial for effective financial management, whether you are withdrawing cash from ATMs or over the counter at a branch. This article will explore the cash withdrawal limits at ICICI Bank, including daily limits for ATMs, branch withdrawals, and international transactions. We'll also discuss how to manage these limits and what options are available for increasing them if needed.
Daily ATM Withdrawal Limits
ICICI Bank sets specific limits on ATM withdrawals to ensure security and manage liquidity. These limits can vary depending on the type of account you hold. For a typical savings account, the daily ATM withdrawal limit is often set at ₹20,000. However, this amount can differ based on the account type, such as premium accounts which may offer higher limits.

Branch Withdrawal Limits
When withdrawing cash directly from a branch, ICICI Bank usually allows higher amounts compared to ATMs. For most accounts, the daily limit for branch withdrawals is typically ₹50,000 to ₹1,00,000. This limit is designed to provide more flexibility for customers who need larger sums of cash. Keep in mind that withdrawing large amounts might require advance notice or additional identification for security purposes.

International Withdrawal Limits
If you are using an ICICI Bank card internationally, the cash withdrawal limits are generally set lower compared to domestic transactions. The typical international ATM withdrawal limit is around $500 to $1,000 per day. This limit helps prevent fraud and ensures that your account remains secure while traveling.

Managing and Increasing Limits
If you find that the default limits do not meet your needs, ICICI Bank provides options for increasing these limits. For ATM withdrawals, you can request a higher limit through your account manager or by visiting a branch. Similarly, for international withdrawals, you may need to contact customer support or your branch to adjust the limits based on your travel plans.

Security Measures and Best Practices
To protect your account from unauthorized access, it’s important to follow security best practices. Regularly update your PIN, monitor your account for suspicious transactions, and report any issues immediately. By staying vigilant, you can ensure that your funds are safe while managing your withdrawal limits effectively.

Conclusion
Understanding the cash withdrawal limits at ICICI Bank is essential for effective financial planning. By knowing the daily limits for ATMs, branch withdrawals, and international transactions, you can manage your funds more efficiently. If needed, ICICI Bank offers options for increasing these limits to accommodate your financial needs. Always remember to follow security best practices to protect your account and personal information.