ICICI Bank has launched ‘InstaBIZ’, a power packed mobile application that offers a bouquet of products and services designed specifically to cater to the needs of MSMEs (Micro, Small and Medium enterprises) and self-employed segment. With 115 features and an array of business services at offer it is indeed a bank in your pocket. It boasts numerous industry-first features like – instant application for Point-of-Sale (PoS) machine, instant marine insurance policy, instant payment of GST using challan number.

Do not have a current account with ICICI Bank? Not a problem, the Guest Login feature enables a customer to experience InstaBIZ features first hand. Few of the services offered through Guest Login are - instant overdraft of up to Rs 10 lacs, collection services of up to Rs 50,000 through UPI and apply for a current account & customize its account number.

An outcome of extensive research, InstaBIZ is the most comprehensive business banking application with services such as – Instant overdraft & business loans, automatic bank reconciliation, generating GST compliant invoices, carrying out export-import transactions like inward and outward remittances. Other features include - one view dashboard that enables overview of sales and cash position, a built-in business networking platform to help entrepreneurs connect with relevant business opportunities, role based access for employees & financial limit setup based on work requirement.

The InstaBIZ app is available both on Google Play and App Store.