IMPORTANT MESSAGE – Toll charges to be paid through FASTag only.

Now zip through the toll plaza without stopping to pay cash with FASTag Apply Now Dear Customer, The Government of India has notified all toll plazas across India to accept toll charges exclusively through FASTag, a service facilitating automatic deduction of toll charges as your vehicle passes through the toll plazas. ICICI Bank FASTag helps you to have a convenient ride without worrying about the cash you need to pay at toll plazas. Click here to apply for your ICICI Bank FASTag. For more details on ICICI Bank FASTag, kindly visit www.icicibank.com/fastag or give a missed call on 814 100 0850 today.     Sincerely, Niraj Tralshawala Head - Consumer Finance & Payment Solutions Terms & Conditions of ICICI Bank and third parties apply. ICICI Bank is not responsible for third party products, goods, services and offers. Images used are for illustrative purposes only.

Impact of Union Budget 2020 on outward remittance



Dear Customer, The Union Budget 2020-21 has introduced a new Tax Collected at Source (TCS) provision on foreign remittances. As per the mandate, a 5% (where PAN is available) TCS has to be done for remittances over ₹7 lakh, for all transactions under Liberalised Remittance Scheme (LRS).   Please find below the frequently asked questions   1 Will all my remittances/transactions be impacted by this TCS provision? All the outward remittances done under LRS will be liable for 5% TCS. The same will be collected by ICICI Bank (Remitter Bank). This tax will be applied only on the transaction value. The tax collection will be applicable for all the purposes which fall under LRS, for e.g., education abroad, maintenance of close relatives, travel, etc. For details, click here.     2 Will I have to pay Goods and Services Tax (GST) on the 5% tax collected? The GST will continue to apply on currency converted amount and on Remittance Service Charge. The same will not be applied on the 5% tax collected.     3 On what amount will I have to pay the 5% tax? If the transaction amount in a financial year exceeds ₹7 lakh, the tax will be applicable on the entire amount. Below example is for your reference: Customer A Makes a remittance of ₹6,50,000 on April 04, 2020 No tax will be collected Makes a remittance of ₹7,50,000 on May 05, 2020 5% tax will be collected on ₹14,00,000 (₹6,50,000 + ₹7,50,000) Makes a remittance of ₹40,000 on December 10, 2020 5% tax will be collected on incremental ₹40,000 (as the tax has already been collected on the previous amount of ₹14 lakhs) Customer B Makes single remittance of ₹20,00,000 on 30th April, 2020 5% tax will be collected on ₹20,00,000       4 From which day will the tax collection be effective? The tax collection on foreign remittance will be effective from April 01, 2020.     5 What are the scenarios under which the tax will not be collected? The tax will not be collected if the remitter has already deducted tax at source (TDS) on the same remittance amount under any other provision of the act. It will also not apply for any person notified by the Government.     6 Can I claim the tax credit for TCS? Yes, the remitter can claim the credit for the tax collected by the bank, where PAN is provided.     Looking forward to more opportunities to be of service to you.   Sincerely, ICICI Bank Limited     ICICI Bank Money2World Terms and Conditions Click here to view the Disclaimer

Impact of Union Budget 2020 on outward remittance



Dear Customer, The Union Budget 2020-21 has introduced a new Tax Collected at Source (TCS) provision on foreign remittances. As per the mandate, a 5% (where PAN is available) TCS has to be done for remittances over ₹7 lakh, for all transactions under Liberalised Remittance Scheme (LRS).   Please find below the frequently asked questions   1 Will all my remittances/transactions be impacted by this TCS provision? All the outward remittances done under LRS will be liable for 5% TCS. The same will be collected by ICICI Bank (Remitter Bank). This tax will be applied only on the transaction value. The tax collection will be applicable for all the purposes which fall under LRS, for e.g., education abroad, maintenance of close relatives, travel, etc. For details, click here.     2 Will I have to pay Goods and Services Tax (GST) on the 5% tax collected? The GST will continue to apply on currency converted amount and on Remittance Service Charge. The same will not be applied on the 5% tax collected.     3 On what amount will I have to pay the 5% tax? If the transaction amount in a financial year exceeds ₹7 lakh, the tax will be applicable on the entire amount. Below example is for your reference: Customer A Makes a remittance of ₹6,50,000 on April 04, 2020 No tax will be collected Makes a remittance of ₹7,50,000 on May 05, 2020 5% tax will be collected on ₹14,00,000 (₹6,50,000 + ₹7,50,000) Makes a remittance of ₹40,000 on December 10, 2020 5% tax will be collected on incremental ₹40,000 (as the tax has already been collected on the previous amount of ₹14 lakhs) Customer B Makes single remittance of ₹20,00,000 on 30th April, 2020 5% tax will be collected on ₹20,00,000       4 From which day will the tax collection be effective? The tax collection on foreign remittance will be effective from April 01, 2020.     5 What are the scenarios under which the tax will not be collected? The tax will not be collected if the remitter has already deducted tax at source (TDS) on the same remittance amount under any other provision of the act. It will also not apply for any person notified by the Government.     6 Can I claim the tax credit for TCS? Yes, the remitter can claim the credit for the tax collected by the bank, where PAN is provided.     Looking forward to more opportunities to be of service to you.   Sincerely, ICICI Bank Limited     ICICI Bank Money2World Terms and Conditions Click here to view the Disclaimer

Transaction alert for your ICICI Bank debit card

Dear Customer,

Greetings from ICICI Bank.

Cash Withdrawal of INR 100.00 has been made at an ATM using your Debit Card linked to Account XX439 on 05-Mar-20. Info: NFS*P3ENMH01*CA.

The Available Balance in your Account is INR 8,008.00.

In case you have not done this transaction, please call on 18002662 or SMS BLOCK 439 to 9215676766 from your registered mobile number.

NEVER SHARE your Card number, CVV, PIN, OTP, Internet Banking User ID, Password or URN with anyone, even if the caller claims to be a bank employee. Sharing these details can lead to unauthorised access to your account.

Looking forward to more opportunities to be of service to you.

Sincerely,

Customer Service Team
ICICI Bank Limited

This is a system-generated e-mail. Please do not reply to this e-mail.

Transaction alert for your ICICI Bank debit card

Dear Customer,

Greetings from ICICI Bank.

Cash Withdrawal of INR 500.00 has been made at an ATM using your Debit Card linked to Account XX559 on 05-Mar-20. Info: NFS*15137621*CA.

The Available Balance in your Account is INR 39,508.28.

In case you have not done this transaction, please call on 18002662 or SMS BLOCK 559 to 9215676766 from your registered mobile number.

NEVER SHARE your Card number, CVV, PIN, OTP, Internet Banking User ID, Password or URN with anyone, even if the caller claims to be a bank employee. Sharing these details can lead to unauthorised access to your account.

Looking forward to more opportunities to be of service to you.

Sincerely,

Customer Service Team
ICICI Bank Limited

This is a system-generated e-mail. Please do not reply to this e-mail.

KYC updation for your ICICI Bank Account XX616

	Dear Customer, As per Reserve Bank of India's (RBI's) guidelines on Know Your Customer ("KYC") norms, customers are required to periodically update their KYC with their bank. Your ICICI Bank Savings Account XX616 is due for KYC update. To update KYC details in the account, you may visit the nearest ICICI Bank branch with the original identity proof and address proof, along with a latest colour photograph or log in to Internet Banking / Mobile Banking. In case your account is held in joint names, please provide similar information for all the joint holders along with self-attested identity, address proof documents and latest photographs for all the respective holders.   Document ID Proof Address Proof Voter ID/ Driving licence/ Valid Passport/ Proof of possession of Aadhaar Number/ NREGA Job Card/ National Population Register (NPR) Smart Card ✔ ✔ Colour photograph, PAN/Form 60 is mandatory.   Please ignore this letter in case you and the joint holder, if any have already updated KYC details in your account. In case you require any further information, you may visit the nearest ICICI Bank branch or call our Customer Care.   Sincerely, ICICI Bank Limited
	Terms and Conditions of ICICI Bank apply.

Transaction alert for your ICICI Bank Internet Banking

• Never respond to an e-mail which requires you to confirm, renew or validate your account or card details, even if it appears to have been sent from ICICI Bank. Please do not access ICICI Bank's website though links in e-mails. Check the URL in your browser before entering your user name, password/s. • Never provide sensitive account information like Login password, OTP (One time password), URN (Unique registration number), ATM PIN, etc. or personal details in response to an e-mail or phone call. If you have inadvertently shared such information, report it to us immediately. • If you receive an e-mail claiming to be from ICICI Bank regarding updating sensitive account information like PIN, Login password, account number, let us know by forwarding the e-mail to antiphishing@icicibank.com Dear Customer, You have made an online payment of INR 600000.0 towards Manavadhikar National Party from your Account XX371 on Mar 05, 2020 at 11:41 hours. The Transaction ID is 1938116284. In case you have not done this transaction, to report it please call on 18002662 or SMS BLOCK 371 to 9215676766 from your registered mobile number. Never share your OTP, URN, CVV or passwords with anyone even if the person claims to be a bank employee. Sincerely, ICICI Bank Limited This is a system-generated e-mail. Please do not reply to this e-mail. Terms and conditions of ICICI Bank shall apply.