Debit Card Login
Mobile Banking
Business Debit Cards
Cash & cheque pick up facility
Debit Card Login
Mobile Banking
Business Debit Cards
Cash & cheque pick up facility
Customised Solutions
Merchant OD
To ensure the Merchant Ecosystem is well supported by our lending solutions as per their Ad-Hoc requirement, ICICI Bank is pleased to offer Unsecured Overdraft to our registered Merchants.
Merchant OD is a tailor-made overdraft that can be availed online within minutes, without the hassle of paperwork.
Highlights & Features
- Pre-approved overdraft up to Rs 25 lakh, for existing customers
- Pay interest on the utilised amount
- Instant Limit setup for existing customers
- Minimal documentation
- No collateral required
- No commitment charges
- No prepayment/foreclosure charges
Merchant OD can be availed through
a) Corporate Internet Banking
b) InstaBiz mobile app
c) ICICI Bank website
To check your eligibility for the overdraft facility, please click here
In case you require any further information, please contact your Relationship Manager or visit the nearest ICICI Bank Branch.
FAQs for Instant Merchant OD
What is the interest rate charged?
An interest rate of 16% per annum is charged.
Do I have to have a fixed EMI every month?
No, the interest is charged only on the amount you utilise.
Is processing fee applicable? If yes, what is the amount charged?
Yes, a processing fee of 2% of the loan amount is applicable
In case of any assistance required, whom do I contact?
You can call on 1800-000123 Monday to Friday 09:30 a.m. to 06:00 p.m.
Sorry, but the page you were trying to view does not exist.
It looks like this was the result of either:
- a mistyped address
- an out-of-date link
