I have recently closed a savings account in ICICI Bank. It was closed on 16th March. And when I asked them for the interest of the amount for the 16 days of March, following is the reply I got -
Dear Ms. Karnani,
Please note that the interest towards savings bank account will be calculated from 10th to last day of the month on the least balance maintained in that period. The interest will be calculated on quarterly basis and credited half yearly. Since the account is closed, the interest will not be calculated and hence we will be unable to confirm you the same.
Sincerely,
Muralidhar Tankala
Customer Service Officer
ICICI Bank Limited
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