ICICI Bank has started a facility* called ‘Receive Funds’ and it is one of its kind!
With the help of this facility, you will be able to credit the amount from even a non ICICI Bank Account to an ICICI Bank
According to their official website, the key features of the facility are:
Transact from the comfort of your home or office through ICICI Bank Internet Banking channel.
Free yourself from the hassles of having to visit the branch to deposit and encash cheques, demand drafts or pay orders across the counter.
Get funds directly into your ICICI Bank Account online.
You can make use of this facility by just registering on ICICI Bank Internet Banking account and signing a Debit Mandate form.
The form will be signed by that person in whose name the non ICICI Bank Account is held along with a cancelled blank cheque.
*This facility is currently available for non-ICICI bank branches present in some cities Click here to have a look at those cities.