ICICI Bank

 

 

ICICI Bank (earlier known as Industrial Credit and Investment Corporation of India) is the largest private sector bank in India in terms of total assets, as per June 2009 data. The bank is revered for its technological advances and innovative financial products and services. With its pan-India presence, ICICI Bank develops a continuously growing customer base.[br]

ICICI Bank: Company Profile

Considered the second largest bank in India, ICICI Bank has its headquarters at Mumbai, the financial capital of the nation. It has assets totaling US$ 77 billion, as per June 2009 data. The bank operates more than 1,500 branches and over 4,500 ATM machines.

 

The bank caters to both corporate and retail consumers through their innovative products and services. ICICI banking services are available at branch locations or at specialized subsidiaries in 18 countries and affiliates. To provide comprehensive financial solutions, the bank has extended its services to include insurance, asset management and investment.

ICICI Bank: Services

ICICI Bank has divided its wide array of services into three discrete sections – personal banking, NRI (Non Resident Indian) banking and business banking. The services offered under each of these sections are:

 

Personal banking: ICICI personal banking services are open to all individuals who fall under a certain criteria specified by the bank. Services available to personal banking customers are:

• Deposit – Savings, fixed deposits, recurring deposits

• Loans – Home, personal and car loans

• Investments – Tax saving bonds, government bonds, mutual funds, foreign exchange

• Cards – Credit cards, ATM cards, debit cards and travel cards

 

NRI banking: ICICI Bank extends banking services to NRIs in the USA, the UK, Canada, Europe, Middle East and Singapore. NRI banking services include:

• Money transfers

• International bank accounts

• Home loans

• Loans against fixed deposits[br]

 

Business banking: ICICI Bank has special banking facilities for corporate clients, with special emphasis on entry-level businesses. Products and services offered to corporate clients include:

• Commercial banking

• Treasury banking

• Investment banking

• International banking

• Business cards

• Commercial loans

 

ICICI Bank is also a pioneer in net banking and mobile banking services in India. The bank has developed secured transaction platform for online banking and payments through credit/debit cards. To avail ICICI bank services, customers can contact the nearest branch or visit the company website.