What Are The Facilities Of Icici Bank?

by | Last updated on January 24, 2024

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  • Home Loans.
  • Loan Against Property.
  • Personal Loans.
  • Car Loans.
  • Two Wheeler Loans.
  • Commercial Vehicle Loans.
  • Loans Against Securities.
  • Loan Against Gold Ornaments.

What are the benefits in ICICI Bank?

  • POPULAR INSURANCE. Life InsuranceLife Insurance, Term Life Insurance Plans and more. Life Insurance. Health InsuranceHealth Insurance, Group health insurance and more. Health Insurance. ...
  • Social Security Schemes. Pradhan Mantri Jeevan Jyoti Bima YojanaLife insurance of Rs 2 lakh at annual premium of Rs 330.

What are the features of ICICI Bank?

  • Mobile Banking. Download iMobile.
  • Rates and Charges. Home Loan, Personal Loan Service Charges and Fees.
  • Safe Banking. Report an Unauthorized Transaction.

What are the facilities provided by Bank?

  • Advancing of Loans. Banks are profit-oriented business organizations. ...
  • Overdraft. ...
  • Discounting of Bills of Exchange. ...
  • Check/Cheque Payment. ...
  • Collection and Payment Of Credit Instruments. ...
  • Foreign Currency Exchange. ...
  • Consultancy. ...
  • Bank Guarantee.

What are the services provided by Icici?

ICICI Bank offers products and services such as online money transfers, tracking services, current accounts, savings accounts, time deposits, recurring deposits, mortgages, loans , automated lockers, credit cards, prepaid cards, debit cards and digital wallets called ICICI pocket.

Which is the best bank HDFC or Icici?

ICICI Bank scored higher in 3 areas: Work-life balance, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 2 areas: Compensation & Benefits and CEO Approval. Both tied in 4 areas: Overall Rating, Career Opportunities, Senior Management and Positive Business Outlook.

Why ICICI Bank is best?

ICICI Bank is one the largest banks in India. With more than 3000 reviews and a 3.36 rating on JobBuzz, ICICI bank is one employee friendly organisation. ... According to the company ratings on Jobuzz, 65% people voted the bank to be the best in terms of salary. About 62% employees like the work-life balance it provides.

Is Icici better than HDFC?

Growth ICICI Bank HDFC Bank Profit after tax +260.5% +26%

Is Icici Bank better than Axis Bank?

Lowest Interest rate of ICICI Bank Loan is 10.25%, which is lower than the lowest interest rate of Axis Bank at 10.49%. Hence, ICICI Bank is offering a cheaper loan option . ... ICICI Bank offers Personal Loan upto an amount of ₹ 30 Lakh, while Axis Bank offers Loan upto an amount of ₹ 25 Lakh.

What is the best in Icici?

  • ICICI Prudential MidCap Fund.
  • ICICI Prudential Large & Mid Cap Fund.
  • ICICI Prudential Long Term Equity Fund (Tax Saving)
  • ICICI Prudential US Bluechip Equity Fund.
  • ICICI Prudential Infrastructure Fund.
  • ICICI Prudential Value Discovery Fund.
  • ICICI Prudential Bluechip Fund.
  • ICICI Prudential Exports and Other Services Fund.

What is the minimum account balance in ICICI Bank?

The minimum Monthly Average Balance (MAB) required to be maintained for a Savings Account is Rs. 10,000/- in metro and urban locations , Rs. 5,000/- in semi-urban and Rs. 2,000/- in rural locations.

Is Icici credit card free?

It offers an assured credit card at zero annual fees without any income documents , given that you make a fixed deposit with the ICICI Bank. It offers global emergency support service and card replacement assistance.

What are the features of a savings account?

  1. The base for carrying financial transactions. A savings account can be used to send and receive payments and it serves as a base for all transactions. ...
  2. Nominal interest rates. ...
  3. Minimum average balance. ...
  4. Passbook and cheque facility. ...
  5. Additional benefits. ...
  6. Accessible for all age groups.

What are the 5 most important banking services?

  • Checking accounts.
  • Savings accounts.
  • Debit & credit cards.
  • Insurance*
  • Wealth management.

What are types of credit facilities?

A credit facility is a type of loan made in a business or corporate finance context. Types of credit facilities include revolving loan facilities, retail credit facilities (like credit cards), committed facilities, letters of credit, and most retail credit accounts.

How many types of credit facilities are there?

There are majorly two types of credit facilities; short term and long term, where the former is used for working capital requirements of the organization including paying off creditors and bills, while the latter is used for to meet the capital expenditure requirements of the enterprise, generally financed through ...

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.