Comments on: ICICI Bank Online Banking – Fund Transfer Changes

By: Rani

Rani — Fri, 12 Mar 2010 17:29:35 +0000

Banks usually do not allow NEFT transfer during certain specific hrs because those timings are dedicated for batch jobs to run.banks need to update their databases for all the online transactions done during day time.this is done as batch jobs.during this process,usually the online part will be down.

By: gautamsatpathy

gautamsatpathy — Thu, 11 Mar 2010 10:34:58 +0000

#Eeshwar

Unfortunately I have no idea. If I remember right ICICI makes a statement on their web site that the time taken is not under their control as RBI’s systems are involved in the actual transfer. In my experience however it does not take much more than a day. I routinely transfer money to an SBI account in Bhubaneswar, Orissa, from my ICICI account at Hyderabad, AP, and I have never had a delay of more than a day.

- Gautam

By: Eeshwar

Eeshwar — Thu, 11 Mar 2010 09:26:58 +0000

Hi All,
what is max and min times taken if we transfer the money from ICICI to SBI in online.

By: a agarwal

a agarwal — Sat, 06 Mar 2010 04:28:32 +0000

Hi someone sent me money yesterday 5/5/2009 around 3.40 pm from icici bank to my hdfc bank. he showed me transction proof. it is 10 am i didn’t get money

By: gautamsatpathy

gautamsatpathy — Mon, 12 Oct 2009 13:13:34 +0000

Hello Neha,

ICICI is charging Rs. 5/- plus tax for such transactions. I have not tried this but I think ICICI to ICICI transfers are free. You can confirm with ICICI Customer Support.

- Gautam

By: neha mehta

neha mehta — Mon, 12 Oct 2009 08:19:17 +0000

Hi,

CAn u tell whether any charges are levied on non-ICICI transfers like transfer from ICICI to SBI.

By: Jithin

Jithin — Wed, 07 Oct 2009 06:56:55 +0000

Thanks Gautam, I contacted them but they are not able to track this…

By: gautamsatpathy

gautamsatpathy — Wed, 07 Oct 2009 06:39:28 +0000

Hello Jithin,

Have you tried contacting ICICI Customer Support? Or the ICICI Branch to which you transfered the money?

- Gautam

By: Jithin

Jithin — Wed, 07 Oct 2009 06:35:46 +0000

Guys,

I transferred fund through online (EFT) FROM CITI bank to ICIC Bank, Transfer initiated on 3/10/2009 and till now 7/10/2009 – 12pm fund is not transferred. I checked with CITI as per CITi they transferred the fund on 3rd itself.
Any idea what could be the problem and how long it will take ?
Please help me on this.

Regards – Jithin

By: Niraj

Niraj — Fri, 08 May 2009 11:53:13 +0000

even if the transactions are accepted by some banks beyond office timings, they are not processed but merely queued … they will be processed after 9 next working day … icici being the most customer unfriendly bank of india will not allow any such queues … they flatly refuse to entertain any transfer requests after office hours …

but why such office hours are there beats me … just one of those inscrutable things that our govt setup does … they just defeat the purpose of whatever they are doing … even look at the railways site … you can make online reservations only during office timings … why ????