InstaBIZ by ICICI Bank 11.5

The InstaBIZ application presents a comprehensive platform for business banking needs, accessible to both ICICI Bank customers and non-customers operating as guests. It offers a range of services aimed at streamlining daily financial operations for businesses.

Designed to consolidate essential banking functions, InstaBIZ facilitates loan applications, overdraft facilities, current account management, export-import transactions, merchant banking services, instant payments, and more within a single interface.

Key Features of InstaBIZ:

• Account Services
• Instant opening of current accounts
• Secure access to account balances and statements
• Online management of Fixed Deposits
• Debit and Business Credit Card services
• Delivery tracking and account management features

• Loan Services
• Instant overdraft options up to Rs. 50 lakh, including secured overdrafts, vehicle loans, and home loans or loans against property
• Online application process for business loans

• Export-Import Solutions
• Electronic Bank Guarantee issuance within three hours
• Letter of Credit processing
• Inward remittances processed in under an hour
• Bill of Entry management
• Trade Emerge platform for export-import business needs

• Payment Solutions
• Multiple instant payment options including fund transfer, UPI, mobile payments, and quick fund transfer
• Simplified GST payments and bill payments with reminders and auto-pay features across various categories
• Payments for credit card bills, insurance premiums, mutual funds, and more
• Fastag recharges and mobile recharges for any bank account

• Merchant Services
• Real-time collections and analytical tools via UPI/QR codes
• Instant settlement notifications and voice alerts for QR transactions with ICICI Bank
• Point of Sale (POS) terminals for merchants
• Online payment collection through Payment Links and Payment Gateway integrations
• Collection via UPI Intent and Collect Request features
• Management of merchant products via the InstaBIZ Merchant Dashboard

• Export-Import Post-Shipment Solutions from ICICI Bank via InstaBIZ:
• Settlement of inward remittances and outward remittances initiation
• Conversion of EEFC balances into INR
• Application for bank guarantees and trade finance services
• Regularisation of export and import bills
• Access to Trade OneView Dashboard and online trade activation
• Sharing SWIFT codes with overseas buyers and upgrading existing accounts to trade accounts
• Updating IEC codes and booking exchange rates through FxOnline
• Applying for Fixed Deposit-backed Forward Contracts and value-added trade services via Trade Emerge platform

InstaBIZ aims to enhance the banking experience by offering a unified platform that reduces the need for multiple applications or visits to branches. It seeks to provide efficient tools tailored to the demands of modern businesses.

For feedback or assistance regarding the InstaBIZ Business Banking App, please contact: [email protected].