Receive Funds to you ICICI Bank A/c from other bank Accounts

Mumbai, India location.Image via Wikipedia

Imagine. You need to transfer Rs.10000 from your savings A/c held in SBI to you’re a/c held in ICICI Bank. Normally you will deposit SBI Cheque in the ICICI Bank (physically visit to ICICI Bank or ATM) or you can transfer money online through SBI online banking site. But ICICI Bank has introduced a new facility called “ Receive Fund”. You have to register (ONE TIME PROCESS) your other bank details at ICICI Bank website and take the printout of the debit mandate and sign it and get the signature of the other bank’s manger and submit it to any ICICI BANK branches. Your application will be approved within 21 days. Then whenever you require fund from other BANK A/C, you need to submit online instruction at ICICI bank’s online banking website and will receive the funds with in 4 days with out any cheque writing or physically visiting bank or ATM.

For FAQ, please click here.

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