Payday advances deposited prepaid debit credit ideal advertising funds

You might be utilizing an obsolete browser. Kindly upgrade your web browser to boost the enjoy.

What is ICICI Bank Flexicash?

FlexiCash is actually a premises agreed to ICICI lender earnings accounts people, wherein capable acquire a line of credit/ overdraft establishment to meet up with unexpected or recurring costs. Really designed to secure ICICI Bank Salary accounts consumers from lacking their particular Equated Monthly Instalments (EMIs) or cheque bounces because inadequate funds by giving short term instant credit. Consumers can acquire this center by initiating their particular software online.

Look at your pre-approved Insta Flexicash give. Apply Today

How do you sign up for Overdraft against my personal earnings account through Net financial

FlexiCash is actually a premises wanted to ICICI financial Salary profile subscribers, whereby online payday loans Maine they’re able to take advantage of a type of credit/ overdraft premises to fulfill unexpected or recurring expenditures. It’s designed to shield ICICI Bank earnings Account users from missing their own Equated regular Instalments (EMIs) or cheque bounces because of insufficient resources by providing brief quick credit. Clientele can certainly acquire this center by initiating their particular application on the web.

Properties and positive

Charges and fees

Processing charge: Starting at Rs 1,999 + Goods and Services income tax (GST)

Renewal cost: Flat Rs 1,999 + GST

ROI: Between 12percent and 14% per year

For Example: when you yourself have a FlexiCash restriction of Rs 1,00,000 with ROI of 12.20percent and also you use Rs 10,000 for an immediate expenditure, you will have Rs 90,000 left for any other functions. Any time you pay Rs 10,000 after 15 weeks and possess maybe not put more regarding the FlexiCash resources, your own interest payable will be Rs 50.14.

What exactly is FlexiCash?

ICICI lender customers are selected basis their unique financial union around, in addition to other variables, and offered a pre-approved overdraft restrict to their earnings levels. This limit is generally used from Pay profile to honour cheques/ EMI at ATMs and aim of purchase (POS).

Best ways to address ICICI lender to acquire my personal pre-approved Insta FlexiCash give?

Chances are you’ll go to ICICI Bank online financial or iMobile. Log in to, you can view your Insta FlexiCash present OR get Now

How can I pay the FlexiCash?

The quantity payable would be auto-swept whenever sufficient stability is available in your wage Account.

Perform i need to spend any extra prices for FlexiCash?

a processing cost try levied from the overdraft limit, factor the specified rates matrix accompanied by the financial institution. A sum comparable to control cost will likely be due in the 1st month.

Which are the tenure options for FlexiCash?

FlexiCash could be availed for a period of 12 months, blog post that the premises will be car restored in the event it satisfy Banking companies norms, unless the client gives closure demand.

May I foreclose or prepay my FlexiCash?

Yes, by cleaning all exceptional fees and distributing a consult any kind of time investment Servicing Branch of ICICI financial.

How will the attention feel determined?

FlexiCash has a hard and fast interest that’s calculated on a regular minimizing balances. The interest try recharged only on the amount you employ and the course that you can make use of it. In cases where there’s no using the resources, there will be no interest payable.

Which are the documents needed to apply for FlexiCash by a non pre-approved visitors?

KYC and earnings files are needed in the event you do not have an Insta FlexiCash present.

If the client works, we’re able to convert resources via BACS their banking account in one single lump sum, so that they obtain they entirely, not in instalments. The audience is usually capable send resources within 1 hour of successful endorsement or occasionally a point of hours.

The customer comes with the freedom to settle over 3 6 months. There is the choice to repay very early. Thus, when you are in an effective financial position and would like to spend less on the attention, you are likely to do this and clear your account very early.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *