ICICI Bank has launched a new branch in HSR Layout, Bengaluru, tailored to meet the unique banking requirements of startups. Located on 19th Main Road, Sector 3, the branch combines digital and in-person services to serve as a one-stop financial hub for emerging businesses across various stages of growth.
For business banking, the branch offers current accounts, including GIFT City accounts, overdraft facilities, corporate credit cards, escrow services, foreign currency accounts, and working capital loans. Startups can also access financing against Standby Letters of Credit (SBLC), fixed deposits, and schemes under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
Personal banking solutions for founders and employees include family banking arrangements, 3-in-1 demat accounts, HUF accounts, home and property loans, gold and personal loans, credit cards, and a broad range of investment options.
Digital offerings feature Corporate Internet Banking (CIB), the InstaBIZ app, Trade Online, integrated payment systems, e-collections, e-mandates, payment gateway solutions, and UPI facilities. Additionally, 250+ APIs are available via ICICI Bank’s Developer Portal for seamless integration across payments, collections, and auto-reconciliation.
Global banking support includes SWIFT remittances and guidance on FDI and ODI transactions. The branch also functions as an engagement space, connecting startups with venture capitalists and providing dedicated relationship management for personalized support.
The branch operates Monday to Friday, 9:30 a.m. to 3:00 p.m., and on the first, third, and fifth Saturdays of each month, reinforcing ICICI Bank’s commitment to fostering startup growth in Bengaluru.