ICICI bank is fourth largest banking company in Indiawith 4000+ branches and 14000+ ATMS in India and across the world. It is fourth only by SBI, Bank of Baroda and Punjab National Bank and is second largest in terms of assets and 3rd largest in market capitalization. There various services offered by ICICI bank for its customers.
Accounts and Deposits:
These are the main functions of any bank providing their customers with an account in their bank there by identifying as a customer. ICICI bank had different types of accounts like Savings account, 3 in 1 account, salary account, Pension account and others these are given to different persons based on their requirement. Salary accounts are given for employees and pension accounts are given for retired employees to receive their pension amounts. Every customer will be given a Pass Book, ICICI net banking details, mobile banking details, and an ATM card for transactions from ATMs. Deposits is where customers can make fixed deposits, recurring deposits, tax savings fixed deposits and other.
ICICI Bank provides various types of loans like Home loans for those people who wish to construct a house with providing security for the bank that you could pay the EMIs regularly without any delays. They provide Car loans, personal loans, gold loans, business loans, and many other government schemes which are related to loans like Pradhan Mantri Mudra Yojana, Stand Up India. The main requirements for a loan to take is the security you provide them.
There are different types of ATM cards are issued by ICICI bank for employees, travellers, customers, merchants and prepaid cards. Employees are mostly given Credit cards with the security of the monthly income and the bank provides credit for 1 month till your next payment day. Credit card holder will be given till a certain amount that they can spend and if your usage exceeds more than that you will be charged with high interest rates. Users will also be charged with high interest rates if they had not paid in time. So, Credit card holders should be careful with their spending and should return in time.
Travel cards are given for those who are travelling abroad for a vacation or business trip they can add certain amount of money in INR and withdraw the same amount in foreign currencies without any hassle.
Insurance is now a must have one for anything from our life to bike. ICICI bank provides different types of insurance like life insurance depending upon your age employment and family. General insurances like car insurance, bike insurance, travel insurance, home insurance and health insurance. Insurance should be taken by everyone irrespective of their or objects age.
Pockets Wallet is virtual debit card which can be created by anyone having an Android or iOS device. It makes your online spending easy with which you can buy anything from online stores, tickets, and recharges. Not only spending but also you can transfer money to others from the mobile. Users can add money through debit card, ICICI bank account, NEFT transfer from other banks and from net banking accounts.