Yes, ICICI Bank does provide a cash withdrawal facility to its credit card holders on most of its credit cards but not for free. The cash withdrawal facility on credit cards is known as cash advance and it acts as an instant hassle-free loan. 

ICICI cash advance feature is available on most of the ICICI Bank credit cards with almost similar fees and charges. However, the finance charges on different types of credit cards may vary from one another. Nevertheless, these charges and fees can be changed by the bank from time-to-time. The cash advance limit is a percentage of the total credit limit of that credit card.

Cash advance fee or the credit card cash withdrawal charges imposed by ICICI is one of the lowest in the market. This amount is added to the next month’s credit card billing. Other than the fee, a monthly interest is levied from the withdrawal date till the day the amount is paid back completely.

Here are some important details on ICICI credit card withdrawal charges.

  • Cash withdrawal fee: 2.5% of the withdrawn amount (subject to minimum Rs. 300)
  • Minimum repayment amount: 5% of outstanding amount or Rs. 200, whichever is higher
  • Interest charged: 2.49%- 5% per month i.e  29.88%-60% per annum
  • Cash withdrawal limit: 20% of the available credit limit (Varies with card type, mentioned during card issue)
Check your ICICI Bank Credit Card Eligibility and apply today!