ICICI Bank has launched India’s first ‘open-for-all’ comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, which can also be used by the customers of other banks. Anyone can use the benefits of digital solutions on the InstaBIZ app. MSMEs customers of other banks can avail of a host of services by logging in as a ‘Guest’ in the app. It provides sanctions of instant and paperless overdraft facility up to Rs 25 lakh through ‘InstaOD Plus’.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The benefits of the new digital ecosystem can be availed by downloading the latest version of the InstaBIZ app, a super app for businesses. The app is available on Google Play, Apple App Store and at the bank’s Corporate Internet Banking (CIB) platform. The ecosystem offers the facility of digital and instant current account opening through video KYC.
Important takeaways for all competitive exams:
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Did you know that women leaders around the world are shaping major decisions that affect…
The year 2025 became a proud moment for Indian cricket fans as the Indian women’s…
The T20 World Cup has evolved into one of the most prestigious trophies in global…
Operation Sindoor which was launched by the Indian Armed Forces in 2025 May. It became…
Did you know that many powerful companies in India are led by talented and visionary…