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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
