I have an ICICI Bank account. How should I add a beneficiary in the banking app/website for investments?

Modified on Wed, 18 Oct, 2023 at 6:53 PM

A: If you have an ICICI Bank account and need to add a beneficiary for investments, follow these steps:


  • When adding the beneficiary in your banking app/website, choose the "Other Bank Payee" option.
  • This is because the same bank transfer option might not allow alphanumeric characters to be added in the system.
  • By selecting "Other Bank Payee," you can ensure a smooth process when adding beneficiaries for investments. This helps prevent any issues related to alphanumeric characters.

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