Cash Collections

ICICI Bank has gained vast experience in handling doorstep banking services. The various services offered under doorstep banking include

• Cash pick-up
• Cash delivery

Of these services, cash collection service has gained immense popularity across various industry segments. ICICI Bank has implemented various customised cash pick-up solutions to meet specific requirements of our customers. These solutions provide various benefits such as

• Minimisation of operational risk
• Reduction in cost
• Security
• Increased efficiency

ICICI Bank has pioneered Doorstep banking in India, with the largest network offering cash pick-up /delivery services.

iCash Connect (ICC)

ICICI Bank offers corporate customers a new offering called iCash Connect (ICC), which will enable Corporate representatives or consumers to deposit cash at their nearest locations, called Customer Service Points (CSP). ICICI Bank has built an extensive network with Business Correspondents (BCs) who have on boarded CSPs like small retail shops, spread across the length and breadth of the country, giving you flexibility, convenience and peace of mind, for all your cash deposits.

Features:

1. Digital dashboard - QR enabled deposit slip and acknowledgement download option for the depositor

2. Instant deposit confirmation - Various alerts available for the depositor and the corporate

3. Real-time validation through API - Auto Fetch details from customer’s ERP before deposition, ensuring correctness

4. Secure authentication - OTP - OTP enabled confirmation for deposition, for smooth and authentic processing

Benefits: 

1. Flexibility - Cash deposition not dependent on branch timings

2. Connectivity - Extensive network available pan India, making it easier for corporates and their representatives

3. Security - Robust validation and prompt confirmation