How does one download an Interest Certificate using iMobile Pay
When we deposit funds in our Savings Account or create a Fixed Deposit, we’re promised an interest, as per the given rate. The interest on your Savings Account balance is usually deposited in your bank account at the end of every quarter. For your Fixed Deposits, the interest is paid as per your preference, which can either be a monthly, quarterly or a yearly payout, or it can be paid after the maturity of the FD.
The interest that is paid into your Savings Accounts and FDs is an important element, while calculating your income tax. For example, interest from Fixed Deposits is fully taxable, so you must know the interest you have earned for a given year. So, how can you find out how much interest has been deposited in your bank account? One way is to check your Bank Statement, which can be a cumbersome process. You’d have to browse through pages and pages of your Bank Statements to look for the interest paid entries. It is for this very reason that banks provide you with an Interest Certificate. An Interest Certificate contains all the details of the interest paid to you, at a specific time.
Getting your Interest Certificate has now become extremely easy. Yes, you can get your Interest Certificate through Net Banking or by visiting the ICICI Bank Branch. But why go through so much inconvenience, when you can download your Interest Certificate directly on your smartphone.
That is right. With ICICI Bank’s amazing iMobile Pay app, you can even download your Interest Certificate, in the click of a few buttons. The iMobile Pay app has been developed to include many excellent features and services. One of those features is the ability to get your Interest Certificate or Bank Deposit Certificate. Let’s find out how.
How does one download an Interest Certificate using iMobile Pay?
Step 1: Open the iMobile Pay app
Launch the iMobile Pay app on your Android or iOS smartphone and log in using your mPIN or fingerprint.
Step 2: Go to ‘Services’
On your Dashboard, look at the right-side bottom corner and click on the ‘Services’ option. On the ‘Services’ page, choose ‘Account Services’. Scroll down to find and click on ‘Interest Certificate’.
Step 3: Enter your Details
You’ll be directed to the ‘Interest Certificate’ page. Here, you can choose the account for which you’d like the Interest Certificate, from a drop-down menu. Following this, you can choose the duration/financial year, for which you need the certificate. Alternatively, you may also enter a date range of your choice. Click on ‘Generate PDF’.
Step 4: Get the Interest Certificate
That’s it! Your Interest Certificate for the selected year will be downloaded to your smartphone.
It is easy to get your interest certificate on your phone, using the iMobile Pay app. You can get it anytime, from anywhere, as long as you have an active internet connection and the iMobile Pay app installed on your smartphone. You can use the Interest Certificate for either tax purposes or for your own records.
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