ICICI bank has now launched iStartup 2.0 for startups. This is a programme designed especially for startups and new businesses. The programme will take care of companies banking and beyond banking needs like accounting, customer acquisition, regulatory assistance and digital outreach to customers.
iStartup 2.0 offers customers an eponymous current account available in Platinum, Gold and Silver variants. The current account can be used by new businesses- which are less than ten years old, private and public limited companies and limited liability partnerships.
Pankaj Gadgil, Head- Self Employed Segment, ICICI Bank said “the MSME and self-employed segment in India is the backbone of the economy. Within this, we foresee that the startup segment in the country is poised for rapid growth with favorable regulations in the ecosystem and high spirit of entrepreneurship. We believe that iStartup 2.0 is the most comprehensive programme available in the country.”
iStartup 2.0 will provide users with many features like instant payment of GST, easy bulk collection, automatic bank reconciliation, business debt card, FD backed business credit cards and zero processing fee and commitment charges on fixed deposits.