- Automation of payroll & compliance related activities
- Salary disbursement to employees in one click with auto reconciliation
- Completely secured and works on pre-defined authorization matrix
- Mobile app to view pay slips, leaves, and expenses
Automated Payment System – A Partnership with Paybooks for Salary Payments
ICICI Bank has entered into an exclusive partnership with Paybooks – a leading cloud payroll platform, for direct salary payment. Now, ICICI Current Account customers can calculate salaries of employees in minutes and pay it directly from Paybooks, without manually downloading or uploading payment instructions in net banking.
How does it work
- Sign up for Paybooks
- Register for ICICI direct salary payment facility in Paybooks
- Run payroll and initiate salary payment in Paybooks
- Authorize the payment file on ICICI Bank CIB portal
- Payment execution and MIS generation
- 50% off on annual Paybooks subscription
- Zero transaction charges on salary payment
- Special current account offer to non ICICI bank Paybooks customer
- Exclusive power pay salary account
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