After news broke that ICICI Bank had increased its minimum balance requirement, rumours began to circulate that HDFC Bank had also raised its Average Monthly Balance (AMB) requirements for its new customers from ₹ 10,000 to ₹ 25,000.
However HDFC Bank on Wednesday released the information that it has not changed its Average Monthly Balance (AMB) requirements for any of its account types. Bank clarified that the AMB for HDFC Bank’s Regular Savings Account continues to be ₹10,000 and the AMB for the Savings Max Account remains at ₹25,000.
Last week ICICI Bank increased the monthly average balance (MAB) requirements for new savings account holders, from ₹10,000 to ₹50,000 starting from August 1, 2025. But after facing strong criticism, the bank reversed its decision and brought the minimum balance back down to ₹15,000.
Also Read: ICICI Bank Lowers Minimum Balance Requirement from ₹50,000 to ₹15,000
Public Outrage Over ICICI Bank’s Increased Minimum Balance Requirement
ICICI Bank Hikes Minimum Balance to ₹50,000 for New Customers; Existing Customers Unaffected