With the new currency regime in place, huge crowds gathered to collect the new Rs 500 and Rs 2,000 currency notes as banks reopened on Thursday after remaining closed for two consecutive days.
The new currency notes created much enthusiasm among people and they stood in long queues. In an attempt to make it easier for people to exchange notes, Chanda Kochhar, MD and CEO, ICICI Bank announced the following measures:
- ICICI Bank’s branch timings will be extended by two hours on November 10 and 11.
-Branches in prominent locations shall be open from 08:00 AM to 08:00 PM on November 10 and 11.
-All ICICI branches will be open on Saturday, November 12 and Sunday, November 13. If required the bank might keep branches open on the forthcoming Saturday, November 19.
- The bank will equip its branches with additional cash counters to manage heightened footfall of customers.
-ICICI will provide new notes of Rs 2000 and the existing notes of Rs 100 denomination and of lower value. These will be available at the main branches from November 10.
-All charges pertaining to cash deposit in our Savings Accounts across all branches will be waived w.e.f. November 10 till November 30.
-Charges related to transactions at ICICI Bank ATMs by ICICI Bank customers will be waived till December 31.
- The bank has doubled the daily usage limit of debit cards for use at Point-of-sale (POS) as well as online transactions.
- It is offering credit worthy customers an additional credit limit of 20% on credit cards.
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