Categories: Banking

Feature and Benefits of ICICI Bank

Feature and Benefits of ICICI Bank

Premature Withdrawal Facility

FD with Premature Withdrawal Facility for Domestic, NRO & NRE Deposits:
Interest will be paid for the time the deposit was with the bank.

No interest if you withdraw the entire deposit amount within 7 days from the date of deposit for Domestic and NRO FDs.

No interest if you withdraw NRE FDs within 1 year from the date of the deposit.

Penalties for premature withdrawal are mentioned below:

FD Without Premature Withdrawal Facility for Domestic, NRO & NRE Deposits:
These FDs cannot be closed before their pre-determined tenure. .

If early closure is allowed in these cases, no interest will be paid on the deposit. Any interest credited will be recovered from the deposit amount.

Overdraft Against Fixed Deposit (ODFD) facilities are unavailable for non-withdrawable deposits.

Interest rates and minimum deposit amounts can change without notice.

The auto-renewal facility is not available.

The minimum term for traditional NRO FDs is 3 months, and the maximum is 10 years.

The minimum term for cumulative NRO FDs without premature withdrawal facility is 6 months, and the maximum is 10 years.

The minimum term for NRE FDs is 1 year.

ICICI Bank, one of India’s largest private sector banks, offers a range of features and benefits across its banking products and services. Here are some of the key features and benefits:

1. Wide Range of Products and Services

  • Retail Banking: Savings and current accounts, fixed deposits, recurring deposits, and personal loans.
  • Business Banking: Loans for SMEs, corporate banking services, and trade finance.
  • Investment Services: Mutual funds, insurance, and wealth management solutions.
  • Credit and Debit Cards: Various cards with rewards, cashback, and travel benefits.

2. Convenient Banking, Feature and Benefits of ICICI Bank

  • Digital Banking: Robust online and mobile banking platforms for easy access to account management, bill payments, and fund transfers.
  • ATMs and Branches: Extensive network of ATMs and branches across India for easy access to banking services.

3. Customer-Centric Features

  • 24/7 Customer Support: Dedicated helplines and online chat for customer assistance at any time.
  • Personalized Services: Tailored financial solutions based on individual needs and preferences.

4. Innovative Technology

  • Mobile Banking App: User-friendly app for seamless banking experiences, including features like account tracking, payment scheduling, and transaction alerts.
  • Contactless Payments: Facilities for NFC (Near Field Communication) payments for quick and secure transactions.

5. Security and Safety, Feature and Benefits of ICICI Bank

  • Advanced Security Measures: Use of technologies like two-factor authentication (2FA) and biometric login for enhanced security.
  • Insurance Products: A range of insurance products to protect against various risks, including life and health insurance.

6. Loans and Financing Options

  • Competitive Interest Rates: Attractive rates on personal loans, home loans, and auto loans.
  • Flexible Repayment Plans: Various options to manage loan repayments based on customer needs.

7. Rewards and Benefits, Feature and Benefits of ICICI Bank

  • Loyalty Programs: Reward points, cashback offers, and discounts on credit and debit cards.
  • Special Offers: Discounts and deals on a wide range of products and services through partnerships and tie-ups.

8. Financial Planning and Advisory

  • Wealth Management Services: Expert advice on investment planning, retirement planning, and tax-saving strategies.
  • Financial Education: Resources and tools to help customers make informed financial decisions.

9. Global Presence

  • International Banking Services: Services for NRIs (Non-Resident Indians) and international banking solutions for global transactions.

10. Advanced Digital Platforms:

    • ICICI Bank Mobile App: Provides features like fund transfers, bill payments, account management, and investment tracking.
    • Internet Banking: Offers a comprehensive range of banking services online, including account management and transaction history.

    11. Extensive Branch and ATM Network:

      • Large network of branches and ATMs across India and some international locations, providing easy access to banking services.

      These are the features and benefits make ICICI Bank a versatile and accessible option for a wide range of banking needs, from everyday transactions to more complex financial planning.

      How To Open Zerodha Account
      https://thepipl.com/how-to-open-zerodha-account/

      Zerodha Kite Account Opening Link
      #Zerodha #Kite
      https://zerodha.com/open-account?c=XQ6973

      Paytm Money Open best demat & trading account zero cost
      https://paytmmoney.onelink.me/9L59/l0wfamc1

      Groww App Free Account Open
      https://groww.app.link/refe/pankaj5870666
      https://app.groww.in/v3cO/vr51l4e6

      5 Paisa Trading Account
      https://5paisa.page.link/8aWhj3KUimZaAJEb8

      Upstox Account Opening Link
      https://bv7np.app.goo.gl/a6rP

      Angel Broking Free Account Opening
      https://tinyurl.com/yeneu8y8

      Amazon Pay Link
      https://amzn.in/d/8fhonLX

      Google pay
      https://g.co/payinvite/4X28J

      Download Cred UPI App and Win Rewards
      https://app.cred.club/spQx/tc7fnunh

      Follow us on:-

      Website:- https://thepipl.com

      Facebook:- https://facebook.com/thepipl

      Instagram:- https://www.instagram.com/thepipl365/

      Twitter:- https://twitter.com/thepipl

      YouTube :- https://youtube.com/channel/UCO0sBOdY6bvMOhFTxL35tdg

      LinkedIn:- https://www.linkedin.com/mwlite/company/thepipl1

      Pinterest:- https://pin.it/5tkQbYD

      Recent Posts

      • Uncategorized

      You Know Where are Nepal One Beautiful & Famous Country in Wolds? क्या आप जानते हैं कि विश्व का एक खूबसूरत और प्रसिद्ध देश नेपाल कहां है?

      You Know Where are Nepal One Beautiful & Famous Country in Wolds? क्या आप जानते हैं कि विश्व का एक… Read More

      1 hour ago
      • Business Idea

      How to Setup a Manufacturing Plant of Cake Making Unit?

      How to Setup a Manufacturing Plant of Cake Making Unit? How to Set Up a Cake Manufacturing Plant? Setting up… Read More

      1 hour ago
      • Share Market

      अडानी का शेयर बाज़ार 20% तक टुटा: Adani’s Stock Market Crash

      अडानी का शेयर बाज़ार 20% तक टुटा: Adani's Stock Market Crash अडानी शेयर बाज़ार, Adani's Stock Market Crash अडानी शेयर… Read More

      2 hours ago
      • Business Idea

      How to Setup a Manufacturing Plant of Cake Gel?

      How to Setup a Manufacturing Plant of Cake Gel? How to Set Up a Cake Gel Manufacturing Plant? Cake gel… Read More

      3 hours ago
      • Business Idea

      How to Setup a Plant of Cable Connectors(LUGS)?

      How to Setup a Plant of Cable Connectors(LUGS)? Setting up a manufacturing plant for cable connectors (lugs) requires careful planning,… Read More

      3 hours ago
      • Food Recipes

      The Incredible Health Benefits of Jackfruit (Dried)? कटहल (सूखे) के अविश्वसनीय स्वास्थ्य लाभ?

      The Incredible Health Benefits of Jackfruit (Dried)? कटहल (सूखे) के अविश्वसनीय स्वास्थ्य लाभ? Dried jackfruit, like its fresh counterpart, is… Read More

      4 hours ago

      This website uses cookies.