Internet Banking Features

Internet Banking offers over 250+ services and facilities that give you real-time access to your account. You
can make and receive payments to ICICI Bank accounts and Non-ICICI Bank accounts, open Fixed and
Recurring Deposits, view account details, request a cheque book and a lot more, while you are online.

Presenting new features on your Dashboard making your experience easier and more convenient. View
your profile, my shortcuts, assets, liabilities, loans, credit cards, calendar, relationship manager,
investments etc. on the dashboard.

Features of Internet Banking

 Check Account Statement

 Transfer Funds
 Open a Fixed Deposit
 Pay Utility Bills
 Open Deposits
 Recharge prepaid mobile/DTH and a lot more.
 Buy General Insurance
 Pay Taxes
 Order Cheque Book
 Track your Deliverables
 And many more financial and non-financial services

Funds Transfer
With ICICIBank.com, transferring funds from your ICICI Bank Account is very simple and convenient. There
are various options provided online for transferring funds.

Unified Payment Interface

(UPI) is here
1. UPI (Unified payment interface)

Discover a quick and easy way to send and receive money using a
Virtual Payment Address (VPA) without entering additional bank
information.
 "Unified Payment Interface" (UPI) enables all bank account holders to send and
receive money from their smartphones without the need to enter bank account
information or net banking user id/ password. UPI can be used to send and
receive money from individuals or to pay directly to merchants.

Users can instantly download a UPI app such as iMobile (for ICICI Bank
customer) and Pockets (for ICICI/ non-ICICI Bank customers) and create their
Virtual Payment Address (VPA) such as xyz@icici to start using UPI.

For using UPI, users need to create a Virtual Payment Address (VPA) of their
choice and link it to any bank account. The VPA acts as their financial address
and users need not remember beneficiary account number, IFSC codes or net
banking user id/password for sending or receiving money.

2. NEFT
National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds
transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any
individual having an account with any other bank branch in the country participating in the Scheme.
 ICICI Bank also accepts part pre- payment of your Home Loan through National Electronic Funds Transfer
(NEFT). In case you want to make part pre-payment on your Home Loan Account through NEFT you need
to visit the nearest ICICI Bank branch. The Service Request number received during branch visit must be
mentioned in the remarks column in the NEFT form while making part prepayment through NEFT.

3. RTGS

The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-
time) settlement of funds individually on an order by order basis (without netting). 'Real Time' means the
processing of instructions at the time they are received rather than at some later time.'Gross Settlement'
means the settlement of funds transfer instructions occurs individually (on an instruction by instruction
basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India, the
payments are final and irrevocable.

Is there any minimum / maximum amount stipulation

for RTGS transactions done on ICICIBank.com?
The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted
through RTGS is Rs 2 lakh. The maximum limit is Rs 10 lakh per day.
What are the transaction or service charges for RTGS
transactions done on ICICIBank.com?
RTGS Charges - Outward transactions

Amount above Rs 2 lakh upto Rs 5 lakh - Rs 25 + Applicable GST

Amount above Rs 5 lakh upto Rs 10 lakh - Rs 50 + Applicable GST
What is the time taken for effecting funds transfer
from one account to another under RTGS on
ICICIBank.com?
RTGS Timings

Under normal circumstances the beneficiary branches are expected to receive the funds in real time as
soon as funds are transferred by the remitting bank. The beneficiary bank has to credit the beneficiary's
account within 30 minutes of receiving the funds transfer message.
What is the maximum time for returning of RTGS
transactions, which could not be credited to
beneficiary's account?
If the funds are not credited to the beneficiary's account for any reason like account does not exist, account
frozen etc., the funds will be returned to the originating bank within one hour or before the end of the RTGS
Business day, whichever is earlier.
How Real Time Gross Settlement (RTGS) is different
from National Electronics Funds Transfer System
(NEFT)?
NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which
settles transactions in batches. In DNS, the settlement takes place with all transactions received till the
particular cut-off time. These transactions are netted (payable and receivables) in NEFT whereas in RTGS
the transactions are settled individually. Any transaction initiated after a designated settlement time would
have to wait till the next designated settlement time Contrary to this, in the RTGS transactions are
processed continuously throughout the RTGS business hours.
Can I schedule an RTGS transaction in advance?
Yes, RTGS transactions can be rescheduled in advance.
What is the time frame to schedule an RTGS
transaction?
The time frame to schedule an RTGS transaction in advance is 3 working days. You can pay for transactions
like:
 Cash Management Transfer
 Hedging
 Interest
 Loan
 Securities
 Supplier Payment
 Tax Payment
 Trade
 Trade Settlement Payment
 Value Added Tax Payment

IMPS

The IMPS (Immediate Payment Service) from ICICI Bank helps you access your bank account and transfer
funds instantly and securely. You can send money using ICICI Netbanking on an internet-powered laptop
or PC. We enable you to transfer funds from your ICICI account to any ICICI or non-ICICI account. The
beneficiary account is credited immediately when a fund transfer request is made from your side.

This service is available 24x7, throughout the year including Sundays and any bank holiday.

Outward Remittances – Send Money

Overseas

Sending money from India, overseas is now made easy. ICICI Bank offers outward remittance service for
transferring money from India to all around the globe.

 Benefit from ICICI Bank’s massive network stretched across nations to facilitate quick remittances in
multiple currencies
 Remit money through Wire Transfer and Foreign Currency Demand Draft
 Remittance facility available through the online channel
 Facility also available to Non-ICICI Bank account holders
 Simple, reliable and quick way to send money outside India
 Available in 16 currencies
 Get competitive exchange rates
 Enjoy faster and hassle-free remittances.
 Money2World - Send Money online from
any bank in India to any bank around the
globe
Money2World – An easy and convenient online outward remittance service offered by ICICI Bank to
resident Indians for sending money online from India to overseas.

Products Offered
 Guaranteed Delivery Product – Full value credit for transfers to beneficiary account
Receiver Country – USA
Fee: Rs 1,000 + Taxes (as applicable)
 Regular Delivery Product - Credit to beneficiary account with extra charges levied by correspondent bank
Receiver Country - all countries
Fee: Rs 750 + Taxes (as applicable)

Features/ services offered

Block Your Rate: Customer can opt for the below facilities:

 Rate Alert: Get personalized Rate Alerts to monitor your exchange rate from INR to Foreign Currency.
When ICICI Bank’s card rate reaches your desired rate/ lower than desired rate, we will send you an e-
mail/SMS alert. The tracking of the rates will be valid for 30 calendar days.
 Set up a transaction: Gives you the option to set the desired exchange rate from INR to Foreign Currency,
and gets your transaction request auto-initiated when ICICI Bank’s card rate reaches the desired rate/ lower
than desired rate. The validity of the request will be 30 calendar days.

Advantages

 Available for resident individuals holding a savings account with any bank in India
 Simply register online and start transferring money overseas
 Request for remittance can be made 24x7, even on weekends and holidays
 Lock the exchange rate and protect from fluctuation
 Offered in 16 currencies
 One-time beneficiary registration
 Track your transfer request.

How it works
 Complete your one-time registration to avail the service
 Add your bank details from which funds have to be transferred
 Add receiver and enter transaction details
 Select payment mode and fund the transfer from your chosen bank account.