Collections

ICICI Bank offers a wide range of collection products to meet the specific requirements of the clients. The products offered are as follows:

  • Local cheque collection through
    • ICICI Bank branches
    • Correspondent bank branches
  • Upcountry cheque collection through
    • ICICI Bank branches
    • Outside Network Banks
  • Electronic collections
  • Auto Debit
  • Cash collections through our Doorstep banking services

Features

  • Wide network coverage of over 840 own locations
  • Capability to process cheques drawn at any location
  • Assured payment on fixed day basis, irrespective of the fate of the instrument sent in for clearing
  • Instrument outstanding report and credits in the pipeline report available to strengthen internal control
  • Multiple channels available for receipt of data including e-mails, faxes, courier and the Internet
  • Prompt realisation of cheques through an extensive network, supported by correspondent banking relationships
  • Availability of information on the amounts deposited at multiple locations with information available at the instrument level
  • Provision of uploading the system generated deposit slip details, in a single file
  • Customised MIS and availability of scan images of instruments at select locations