Features Benefits
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Pre-closure facility Repay the amount whenever you want without any pre-closure charges
How does Insta Flexi Cash work?
Called, 'Insta Flexicash', it is a facility offered to ICICI Bank Salary Account customers, whereby they can avail of a line of credit or overdraft facility to meet unplanned or recurring expenses. The facility can be sanctioned immediately while customers can start using the approved OD limit within 48 hours.
What is insta Flexi cash interest rate?
Interest rate of 12-14% p.a. (as on 24-Jun-2020). Processing Fee: Rs 1,999.
What is Icici Insta FlexiCash limit?
Features Benefits
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Auto-enhancement and auto-renewal Automated process of enhancement and renewal of overdraft limit
What is insta Flexi cash of Icici?
ICICI Bank today announced the launch of a facility, that enables its Salary Account customers to get approval for overdraft (OD) instantaneously and in a paperless manner. Called, 'Insta Flexicash', the end-to-end fully digital facility can be availed using the Bank's internet banking platform.
What is Flexi cash in Icici direct?
Flexi Cash is a feature offered by ICICIdirect.com to its Cash product customers where you can buy stocks by paying partial amount (say 11 to 31%) of funds and bring the remaining funds later at the time of settlement but not beyond next 365 calendar days in case of both NSE and BSE to take delivery of your transaction
What is insta OD in ICICI Bank?
An overdraft is a limit which is set up in customer's current account for business purpose. The customer can withdraw money from the current account to the extent of limit sanctioned. Overdraft is an efficient form of borrowing, as interest will be levied only on the amount utilized for the corresponding period.