How to activate auto sweep facility in ICICI bank
ICICI Bank was established in 1994 with its headquarters in Vadodara, Mumbai. ICICI Bank is a private sector company. In this bank, customers are treated with the intention of using their bank as much as possible. Account opening in this bank has been brought in a very simple manner. Recommend the customer to use the opened account. And banks offer. ICICI Bank has come up with various schemes like High Savings Scheme, Loans and Insurance. They inform the customer about them and make them use them. People are starting more savings schemes and coming up with different savings schemes as per the needs of the customers.
Most of the people use savings plan with monthly payment, quarterly payment, half yearly payment, annual payment etc. This fee is debited from the customer’s bank account. Such payment is subject to Customer’s approval. Because the customer direct payment method. To change that, the bank has come up with some offers. For customer savings plan or insurance loan, the facility is drawn electronically from the bank account as per their payment date.
The customer will be notified by customer service up to three days prior to the withdrawal from the customer’s bank account. Money is withdrawn from the customer’s savings plan or bank account for insurance or credit. No need to go directly to the bank and automatically swipe into our savings plan. We have brought the facility of automatic swiping of your savings plan through the ICICI Bank mobile application. Let’s see them in detail.
Implementation of Auto Sweep facility in ICICI Bank
Step: 1
First you need to install ICICI Bank mobile app by clicking on this link. https://play.google.com/store/apps/details?id=com.csam.icici.bank.imobile. Login to ICICI Bank mobile app.
Step: 2
This mobile app will ask you to set a security device fingerprint or mobile password. Login with password.
Step: 3
Mobile app login will have home image. In it you will find Transaction option. We have to click on Invest /Insure option.
Step: 4
On this page you have to select Insta Fixed Deposit option.
Step: 5
See, since FD has already been put in this, their account will be there. Below that they have given Open FD option. Click on it.
Step: 6
On this page you have given an option to open an FD account, you have to fill these and open your FD account.
Step: 7
They asked how much deposit amount you are going to pay. You have to type the amount there. Are you overpaying your savings plan? Will you pay Short term? Now we have to select the shortest period. In it, they will show you an image that you can understand, the date of your savings, the amount you will pay and the amount you will finally get. This is the normal way to select the option. You have to select Interest Pay Out on Maturity option. Please scroll down on this page.
Step: 8
Your bank account number is there. Below that, they will have auto debit off or on whether you can withdraw your savings monthly in the system. Select ON in it. click submit button below showing your bank account number.
Step: 9
You have to click on submit button which asks you to click on submit button for confirmation of your savings plan.
Step: 10
It will indicate that your FD account is successfully registered. Then the FD account number will be there. In this way, you can create your micro savings plan through the mobile app in a very convenient way.
Implementation of Auto Sweep facility in ICICI Bank