Collections

ICICI Bank offers a wide range of collection products to meet the specific requirements of the clients. The products offered are as follows:

Local cheque collection through
- ICICI Bank branches
- Correspondent bank branches
Upcountry cheque collection through
- ICICI Bank branches
- Outside Network Banks
Electronic collections
Auto Debit
Cash collections through our Doorstep banking services

Features

Wide network coverage of over 840 own locations
Capability to process cheques drawn at any location
Assured payment on fixed day basis, irrespective of the fate of the instrument sent in for clearing
Instrument outstanding report and credits in the pipeline report available to strengthen internal control
Multiple channels available for receipt of data including e-mails, faxes, courier and the Internet
Prompt realisation of cheques through an extensive network, supported by correspondent banking relationships
Availability of information on the amounts deposited at multiple locations with information available at the instrument level
Provision of uploading the system generated deposit slip details, in a single file
Customised MIS and availability of scan images of instruments at select locations