Q. Which bank has launched an overdraft (OD) facility named ‘Insta FlexiCash’, for its salaried account customers?
Answer:
ICICI Bank
Notes: Leading private bank ICICI Bank has launched an overdraft (OD) facility named ‘Insta FlexiCash’, for its salaried account customers who are facing a cash crunch.
The specified customers can initiate this facility by applying online using the bank's Internet banking platform and can avail short-term instant credit within 48 hours. The product has been launched to help the bank’s Salary Account customers from missing their Equated Monthly Instalments (EMIs) or cheque bounces due to insufficient funds.