Banks
ICICI Bank Canada pay off
Update date 23.04.2024

To pay your ICICI Bank Canada loan, you have several convenient options available. Firstly, if you have a Secured Line of Credit, managing your payments is straightforward. This service offers flexibility by allowing you to make minimum interest payments monthly against your cash collateral. Accessing these funds is as simple as accessing any regular bank account, although it's important to note that security registration and/or appraisal fees may apply.

Secondly, ICICI Bank Canada's online banking platform provides a hassle-free way to handle your icici bank Canada payments. With online banking, you can view account balances, transaction history, open new accounts, transfer funds between your ICICI Bank Canada accounts and linked accounts with other Canadian financial institutions, set up recurring fund transfers, make bill payments, and more. Rest assured, security measures are in place to safeguard your account and funds, ensuring a safe online banking experience.

For those who prefer banking on the go, ICICI Bank Canada offers the iMobile app. This mobile banking app allows you to manage your finances conveniently and securely from anywhere, anytime. With iMobile, you can receive direct deposits, send money securely, open accounts, access your accounts using touch or Face ID recognition, transfer funds between accounts, deposit cheques using your smartphone camera, pay bills, monitor credit card balances, access account statements, and locate branches or ATMs across Canada. Simply download the app, follow the activation process, and you're ready to bank on the move.

Make payments online through the bank account

  1. Access Internet Banking. Log in to your ICICI Bank Canada internet banking account using your credentials. If you haven't registered for internet banking yet, you may need to sign up first.

  2. Navigate to Payment Section. Once logged in, navigate to the payment section of the internet banking platform. This section is typically labeled as "Payments," "Transfers," or something similar.

  3. Select Payment Option. Within the payment section, select the option to make a payment towards your loan. This option might be named "Pay Bills," "Make Loan Payments," or similar.

  4. Enter Payment Details. Enter the necessary details for your loan payment, such as the loan account number, the amount you wish to pay, and any other required information.

  5. Review and Confirm. Double-check all the entered details to ensure accuracy, especially the loan account number and payment amount. Once you're confident that everything is correct, proceed to confirm the payment.

  6. Authenticate Payment. Depending on the security measures in place, you may need to authenticate the payment using a one-time password (OTP) sent to your registered mobile number or through other means provided by the bank.

  7. Confirmation. After successfully authenticating the payment, you should receive a confirmation message or notification indicating that your loan payment has been processed.

  8. Keep Record. It's a good practice to keep a record of the transaction for your reference. You may receive an email confirmation or be able to download a transaction receipt from the internet banking platform.

Make payments through the app

  1. Login. Open the ICICI Bank Canada mobile app on your smartphone and log in using your credentials.

  2. Navigate to Payments. Once logged in, find the "Payments" or "Transfers" section in the app's menu.

  3. Select Payment Type. Choose the type of payment you want to make, such as transferring funds between accounts, paying bills, or making loan or credit card payments.

  4. Enter Payment Details. Follow the prompts to enter the necessary payment details, including the recipient's information, payment amount, and any reference or account numbers required.

  5. Choose Payment Method. Select your preferred payment method from the options available, such as transferring funds from your ICICI Bank Canada account or using an external bank account.

  6. Confirm Transaction. Review the payment details to ensure accuracy, then confirm the transaction. You may need to authenticate the transaction using a security feature like a PIN or password.

  7. Receive Confirmation. Once the payment is successfully processed, you'll receive a confirmation message or notification in the app.

Make payments through a different bank

When it comes to making payments for your ICICI Bank Canada loan through a different bank, the process may vary depending on the bank you're using. Since this information might not be explicitly outlined on the website, it's recommended to reach out directly to ICICI Bank Canada for accurate and up-to-date guidance. Here's how you can inquire about making payments through a different bank:

  1. Contact ICICI Bank Canada Customer Service. Begin by calling the ICICI Bank Canada customer service hotline. You can usually find the contact number on your ICICI Bank Canada card or on the official website.

  2. Select the Appropriate Options. Follow the prompts to speak with a customer service representative. This might involve entering your account details or navigating through an automated menu system.

  3. Inquire About Payment Methods. Once connected with a representative, explain that you're interested in making payments on your ICICI Bank Canada loan through a different bank. Seek guidance on the available methods and any specific instructions or details required for the process.

Since the process can vary depending on your bank and individual circumstances, communicating directly with ICICI Bank Canada ensures that you receive the most accurate information tailored to your needs.

Via ATM

  1. Locate a Compatible ATM. Find an ATM that is part of a network that supports bill payments to ICICI Bank Canada. Most major ATM networks offer this service, but it's always best to confirm with your bank.

  2. Insert Your Card and Enter PIN. Insert your debit card from the bank where you hold your account. Follow the prompts on the screen to enter your Personal Identification Number (PIN) to access your account.

  3. Navigate to Bill Payment Option. Once logged in, look for an option on the ATM menu that allows bill payments or transfers to other institutions. This option might be labeled as "Bill Payments," "Transfers," or something similar.

  4. Enter Payee Information. Select the option to add a new payee or biller. You may be prompted to enter the payee details, including the name (ICICI Bank Canada) and the account number (your ICICI Bank Canada loan account number).

  5. Enter Payment Amount. After adding ICICI Bank Canada as a payee, enter the payment amount you wish to make towards your loan.

  6. Review and Confirm. Double-check all the entered details for accuracy, especially the payment amount and the payee information. Confirm the transaction to proceed.

  7. Receive Confirmation. Upon successful completion of the transaction, the ATM will provide a confirmation message or receipt. Keep this for your records.

Additional resources

Sources

Payment Details

Short name
ICICI Bank Canada

FAQ

Does ICICI Bank work in Canada?

Does Icici Bank Canada have quick pay?

Can I use my Indian ICICI Bank account in Canada?

14.04.2024
-
Last update 23.04.2024
Similar companies