Hello friends,
in this article we are describing the process how to set standing instruction
in ICICI Bank. If you are an ICICI Bank customer and suppose you need to send
money to an account number every month from your ICICI Bank account. Then you
can set an auto pay instruction means a standing instruction on your ICICI Bank
account. Then it will automatically transfer money every month on the selected
date.
For setting a
standing instruction on your ICICI Bank account you should add the account
number to which you want to send money first and then you can set standing instruction
for that account. If you set standing instruction then you don’t need to
transfer money every month. Once you set it, money will be automatically transferred
every month for the time period you have selected.
Many ICICI Bank
account holders need to send money to other account number every month. But
they don’t know to set standing instruction or about standing instruction. That
is why we are discussing the process on this description.
How to set standing instruction in ICICI Bank:
We are
discussing the process of setting standing instruction in ICICI Bank through
ICICIC Bank mobile banking app iMobile app. Hence if you have not registered iMobile
app before, then register first and follow the following steps.
STEP 1: Go to immobile app and login to your account.
STEP 2: You will be on your account’s dashboard. Here you will find an option ‘Send
Money’. Click on this option.
STEP 3: Now you are on the ‘Send Money’ page. First you are asked to select
payee on this page. Click on the cursor on the payee name box. A list of
different payees which you have added to your account will be appeared on the
screen. Select the payee for which auto pay to be set.
STEP 4: You will see three options under transfer type. These are IMPS, NEFT and
RTGS. Select NEFT or /RTGS here.
Then select transfer
later option. Thereafter you have to select transfer date. Select a date in
which you have to send money every month or every quarter.
Again you need
to select payment type. You will see two payment types one is ‘Once’ and the
other is ‘Recurring’. Select ‘Recurring’ here because we need to transfer money
in a recurring order.
Select the
payment frequency of your need. You can select the frequency as monthly or
quarterly.
After selecting
the frequency you have to enter number of installment. Enter how much time you
need to send money. Entering all the details click on ‘Proceed’.
STEP 5: Once the details you have entered on the above steps will be appeared
on the screen. Check the details you have entered and click on ‘confirm’.
STEP 6: You are asked to enter MPIN of iMobile app. Enter the MPIN here.
The standing instruction
will be set successfully. Now from the next schedule date money will be transferred
automatically. This is the process how to set auto pay in ICICI Bank.
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