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Tuesday, September 23, 2014

ICICI Bank launches 4 mobile banking apps

With an aggressive approach to mobile banking, ICICI Bank, the country's largest private sector bank, today announced the launch of four new mobile banking applications that facilitate basic transactions over mobile phone.

The ICICI Store app will enable customers to view all mobile apps of ICICI Group under one app, while another app allows customers to initiate a transaction before visiting a branch, connect with a service executive over video call and view their transactions over the last 30 days on their mobile phones, the bank said in a statement.

The new apps are available for download on Google Play store and shall shortly be available on the Apple app store.

In June, ICICI Bank had touched Rs. 1000 crore worth of mobile banking transactions in a month, the statement said.

Among the mobile apps, the Insta Banking app will facilitate customers to process desired transactions any time, up to seven days prior to visiting the branch.

When the customer visits a branch to complete the transaction, it will be executed on priority. Transactions such as cash deposit, cash withdrawal, request for demand draft, updation of personal information like communication address, PAN and email id, among others can be executed.

On the other hand, the Video Banking app will enable the bank’s wealth and NRI customers to carry out a video chat with the customer care, while the mPassbook app helps customers to view their recent savings, credit card and PPF account transactions on their mobile phone itself without the Internet services, the bank said.

Source : The Hindu


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