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ICICI Bank inaugurates 200th branch in Kerala

August 24, 2023




ICICI Bank inaugurates 200th branch at Companypady in Aluva, Ernakulam

  • The branch has an ATM-cum-Cash Recycler Machine (CRM), available 24x7

  • It offers NRI banking services and locker facilities

Kochi: ICICI Bank has set up a branch in Ernakulam, the 200th of the Bank in Kerala. Based at Companypady, Aluva, the branch is equipped with an ATM-cum-Cash Recycler Machine (CRM) that offers cash deposit and withdrawal services to customers. Interestingly, ICICI Bank had set up its first branch in the state in Ernakulam.

Mr. Rakesh Jha, Executive Director, ICICI Bank inaugurated the branch. Speaking at the inauguration,Mr. Jha said, "We are delighted to launch the branch at the onset of the festive season. Setting up the 200th branch is an important milestone for the Bank as it further strengthens our commitment to serving the people of Kerala. This branch offers a wide range of products and services to the people of the city and aims to contribute to their growth and prosperity. Further, we are dedicated to promote financial inclusion in Kerala with having 70% of our branches located in semi-urban and rural areas in the state.”

The branch offers a comprehensive range of accounts, including savings and current accounts, trade and forex services, fixed and recurring deposits, loans- business loan, home loan, personal loan, auto loan, and gold loan – along with remittance and card services. The branch also offers banking services to NRI customers. It further provides locker facility at its premises. It operates from 9:30 A.M. to 3:00 P.M. on Monday to Friday, and on the first, third, and fifth Saturdays of the month.

The branch provides Tab banking facility for nearly 100 services including opening of Fixed Deposit (FD), cheque book request, generation of e-statements and change of address among others, to customers. The branch also provides door-step banking services for senior citizens, differently abled, and visually impaired individuals, with no charges incurred. The list of the services include financial services like cash pick-up/deposit, cash delivery for withdrawals and non-financial services like KYC submission, life certificate, etc.

The Bank has a network of 6,074 branches and 16,731 ATMs and Cash Recycling Machines (CRMs) spread across the country as on June 30, 2023.

ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centres, internet banking (, and mobile banking.

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About ICICI Bank: ICICI Bank Ltd (BSE: ICICIBANK, NSE: ICICIBANK and NYSE:IBN) is a leading private sector bank in India. The Bank’s total assets stood at ₹ 16,47,000 crore at June 30, 2023.

Certain statements in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward - looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward - looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward - looking statements. These risks and uncertainties include, but are not limited to statutory and regulatory changes, international economic and business conditions; political or economic instability in the jurisdictions where we have operations, increase in non - performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward - looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at

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