Mumbai: Private sector lender ICICI Bank today announced the launch of instant disbursal of personal loans through ATMs. This service enables existing salaried customers of the bank to get pre-qualified personal loans in their savings account instantly, in a completely digital and paperless manner. The facility improves customer experience as it offers a bouquet of unique features: swift application in simple steps, multiple eligible loan amount options up to Rs 15-lakh based on pre-checked CIBIL scores and instant transfer of the money to the customer’s account. It also incorporates an additional level of authentication in order to make the security of the offering robust. Through this offering, a customer can get personal loans of up to Rs 15-lakh for a fixed tenure of 60 months. Talking about the initiative, Anup Bagchi, Executive Director, ICICI Bank said, ”ICICI Bank has been at the forefront of digital innovations since its inception. The offering of instant personal loan at ATMs enables our customers to receive funds conveniently, when they choose to opt for the loan. We believe that this compelling proposition of a completely paperless procedure and instant disbursal of funds through our ATMs offers a unique experience to our customers. We at ICICI Bank will continue to focus on innovations in technology to offer such innovative services that are simple, fast and secure.” On completion of a transaction for balance enquiry or cash withdrawal, customers will be shown the option of availing the loan. Customers can avail this loan at any ICICI Bank ATM ICICI Bank services its large customer base through a multi-channel delivery network of 4850 branches, 13882 ATMs, phone banking, internet banking (www.icicibank.com), mobile banking, banking on Facebook & Twitter and ‘PocketsbyICICIBank’ the country’s first digital bank on mobile. (UNI)
