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What does the Receive Funds (RF) facility allow me to do?

Currently, you can deposit money into your ICICI Bank account from a Non-ICICI Bank Account in any of the following ways:

  • Cash Deposit
  • Cheque
  • Transfer from Internet Banking service of the 3rd party bank.

The Receive Funds (RF) facility allows you to request for a credit into your ICICI Bank account from a Non-ICICI Bank Account by logging into your ICICI Bank Internet Banking account. All you need is a one-time mandate signed by the person in whose name the Non-ICICI Bank account is held and payer should be signatory to clearance of cheques for that account.