ICICI Bank
Current ACcount - Opening amount

Today I approached ICICI BANK, Kannur Branch, to open a CURRENT ACCOUNT. I am informed that I will be allowed an Account with Rs. 10000 MMB.

What surprised me is that the Junior Officer of the bank, Ms. Puja, insisted that I have submit an initial payment of Rs. 25000.00 towards opening of current account saying its the banks policy. Can you please let me know if the officer is correct in demanding this initial payment of Rs. 25000.00.

Thanks NAVEEN