ICICI is one of the famous Indian based multinational private banking institutions in India. Headquarters of ICICI bank is in Mumbai Maharashtra and registered office is in Vadodara. ICICI bank has established 3957 branches in India. ICICI bank is the second largest banking institution in terms of assets and third largest bank in terms of market capitalization.
ICICI bank in India is controlled and monitored by the Reserve Bank of India (RBI). RBI has issued unique 11 characters Indian Financial System code (ICICI bank IFSC code) for all the branches. This code is used for processing RTGS, NEFT, IMPS fund transactions. Similarly, all the branches of ICICI bank have MICR code (Magnetic Ink Character Recognition) which is used to speed up cheque processing and finding duplicate cheques.
ICICI bank has introduced many online facilities to make the customers transaction safe, comfortable and secure. Recently, ICICI bank has introduced new application (iWear) for android and Apple watches.
Few days ago, HDFC bank launched a new mobile banking application which covers 75 features of the banking service like balance enquiry, cheque book request, recharge for pre-paid mobile, account statement etc. This application will available for android and apple watches. On behalf of this ICICI bank developed an iWear application for Apple and android watches.
Transaction can be done in both apple and Android application. On Android, services like pre-paid recharge can be done, while in Apple few more services like bill payment, bank branch locator, ATM locator, recharge facilities are available.
Executive Director of ICICI bank Rajiv Sabharwal said that wearable device will be more comfortable to check transaction details, bank balance etc. And he said that the application will be updated with more feature in future.
Features in Apple iWear application.
- Checking balance for their savings,
- Current and credit card accounts,
- View the past three transactions of savings and current account,
- Recharge prepaid mobile,
- Pay bills,
- Locate ATMs and branches
- Personal offers
How to Install iWear Application in Smart Watch:
Step 1: Download iWear app from Google Play store (for android user) and Apple App store (for Apple User)
Step 2: Enter the account registered mobile and 4 Digit PIN in it. For confirmation, you will receive OTP (One Time Password) in an account registered mobile number. Enter OTP and login to the app.
Now you can make a transaction through your SmartWatch.
If you are using Android or Apple Smartwatch and maintaining bank transactions in ICICI bank, use this excellent service from ICICI.