InstaBIZ by ICICI Bank enables business owners to manage accounts, apply for loans, and make payments through a single platform. Includes account management, loan services, export-import solutions, and merchant tools.
AppRecs review analysis
AppRecs rating 4.4. Trustworthiness 0 out of 100. Review manipulation risk 0 out of 100. Based on a review sample analyzed.
★★★★☆
4.4
AppRecs Rating
Ratings breakdown
5 star
87%
4 star
5%
3 star
2%
2 star
1%
1 star
5%
What to know
✓
High user satisfaction
87% of sampled ratings are 5 stars
About InstaBIZ by ICICI Bank
InstaBIZ is a business banking app that provides all services under one roof to help you with your daily business needs. You can apply for loans, an overdraft loan, open a current account, manage export-import transactions, get merchant banking Solutions, make instant payments and do a lot more with the business banking app on the go.
Exclusive Features of InstaBIZ:
Account Services
● Open Current Account instantly
● Easily access your business account for daily banking needs.
● View your Account balance & Bank Statements
● Open and manage FD, online
● Avail debit card and business credit card related services
● Track deliverables
Loan Services
● Instant OD up to Rs. 50 lac, Secured OD, Car Loan, Home Loan / Loan Against Property
● Business loan- Get a loan for business with online application
Export-Import Solutions
● Electronic Bank Guarantee Issuance in less than 3 hrs
● Letter of Credit
● Inward Remittance in less than 1 hour
● Bill of Entry
● Trade Emerge, a platform for all your export-import related business needs
Payments
● Enjoy flexibility to make instant payments with multiple payment modes- Fund Transfer,
UPI Payment, Pay to Mobile, Quick Fund Transfer
● Seamless GST Payments
● Make hassle-free bill payments with payment reminders, auto-pay option across multiple
bill categories
● Pay Credit card bills, Insurance premium, Mutual Funds and much more
● Any bank Fastag Recharge, Mobile Recharge, Credit card bill payments,
Merchant Services- Seamless Merchant banking solutions
● Instant collections and analysis on UPI/QR
● Instant settlement & voice alerts for all ICICI Bank QR transactions
● Point of Sale (POS) terminals for merchants
● Collect online payments via Payment Links and Payment Gateway
● Collect through UPI Intent and Collect Request
● Manage all merchant products and services at one place-InstaBIZ Merchant Dashboard
Import – Export Solutions from ICICI bank on InstaBIZ :
1. Settle Inward Remittances
2. Convert Exchange Earners Foreign Currency Account (EEFC) account balances into
INR
3. Initiate Outward Remittances
4. Apply for Bank Guarantee
5. Regularise Export Bill and Import Bill
6. Access Trade OneView Dashboard
7. Activate Trade Online
8. Share Swift Code of ICICI Bank with overseas buyers
9. Option to upgrade existing a/c to Trade Account
10. Update Importer – Exporter Code (IEC)
11. Apply for FxOnline for booking exchange rates on the go
12. Apply for Fixed Deposit backed Forward Contract booking limits
13. Avail value added services from Trade Emerge
InstaBIZ makes your online banking experience more convenient and hassle free.
For any feedback, queries or issues pertaining to InstaBIZ: Business Banking App, please write to corporatecare@icicibank.com
InstaBIZ by ICICI Bank Screenshots
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Reviews for InstaBIZ by ICICI Bank
vivek mahale
App needs improvement
It should save the user ID - faceID should be enabled
EternalMonk
Buggy, atrocious app that fails and locks out customer
The worst app I have ever been forced to use. Unfortunately ICICI doesn’t let you manage some functions via their website, forcing business customers to use this buggy app that crashes constantly while performing user verification. I required to change my login method after a name change. Despite repeatedly having to uninstall the app just to get it to work, it eventually failed, locking out and requiring manual intervention from the bank. And they still don’t have FaceID authentication implemented, forcing iPhone users to remember and manually enter complex passwords on their phones. Being forced to use this atrociously buggy app has resulted in a lot of lost time, and regret and dissatisfaction. ICICI needs to trash this iOS app and rebuild it from scratch to modern iOS coding standards.
