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Various Bank Instruments & Servicers Provided By Banks

MICR
(Magnetic Ink Character Recognition) MICR code is a machine readable code used for processing and clearance of cheques.

IFSC
(Indian Financial System Code)
It is an eleven character code assigned by RBI to identify every bank branches uniquely, that are participating in NEFT.

Internet Banking
USES OF INTERNET BANKING
Use Internet Banking To Minimize The Risk of Fraud Utilize paperless options Monitor your account activity regularly by checking your balances and statements online through ICICIBank.com. Restrict the use of cheques. Receive and pay bills online for free with Bill Pay at ICICIBank.com. Communicate with the bank through the secure mailbox option at ICICIBank.com, Write to Account Manager.

MOBILE BANKING
Mobile Banking refers to provision and availment of banking- and financial services with the help of mobile telecommunication devices. USES OF MOBILE BANKING
Account information Mini-statements and checking of account history Alerts on account activity Access to loan statements Cash-in, cash-out transactions on an ATM Purchasing tickets for travel and entertainment Bill payment processing

CREDIT CARD
A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them.

TRAVELERS CHEQUE OR CARD


Travelers' checks provide a safe way to carry currency abroad. Security is provided against lost or stolen checks by the issuing party usually a bank.

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