ICICI Bank Insta OD

ICICI Bank Insta OD is an online lending platform that caters to the working capital requirements of customers by providing them instant funds in a few clicks. The bank offers overdraft limit up to Rs. 15 Lakhs to existing customers and Rs. 10 Lakhs for new customers.


ICICI Bank Insta OD Details

Following are the key details of ICICI Insta OD:

Loan amountUp to Rs. 15 Lakhs to existing customers & Rs. 10 Lakhs to new customers
Interest rate16% p.a.
Tenure12 months from the date of limit setup & after that the facility can be renewed at the discretion of ICICI Bank.
Processing fee (non-refundable)2% of the OD amount + applicable taxes 
Prepayment chargesNil
CollateralNot required

 Insta OD Features & Benefits

The main features and benefits of Insta OD ICICI Bank are mentioned below:

  • Overdraft available up to Rs. 15 Lakhs for existing customers and Rs. 10 Lakhs for new to customers of the bank.
  • Pay flat 16% p.a. ICICI OD interest rate only on the utilized amount.
  • The whole process is paperless.
  • You can avail overdraft facility with minimal documentation based on banking transaction without any financial documents.
  • Instant disbursal for existing ICICI Bank customers.
  • Instant sanction for new ICICI Bank customers and disbursal post account opening.
  • You don’t need any collateral to avail this facility.
  • No commitment charges involved.
  • No prepayment or foreclosure charges levied by the bank.

ICICI Bank Insta OD Eligibility

You have to meet the following eligibility norms to avail of the Insta OD ICICI facility:

  • Customers will have to accept and submit the application form, debit mandate and Schedule of Charges online and confirm the same through SMS. 
  • Customers are not required to submit any additional physical documentation.
  • No collateral is required as ICICI Insta OD is an unsecured facility. 
  • Existing customers of ICICI Bank who are individuals and proprietors and who meet certain criteria can avail this facility.
  • Customers who are new to the ICICI Bank and other constitution firms (i.e Partnership, Limited Liability Partnership, Public Limited Company, and Private Limited Company) may avail this facility through the branches.
  • InstaOD platform is compatible with Chrome, Firefox, Internet explorer, and Safari. It is recommended to clear all cookies & cached files and enable pop-ups becasue the application will open in a new browser window once you click the InstaOD offer banner.
  • This online digital platform is responsive to web-based systems and is accessible across devices.

How to Apply ICICI Bank Insta OD?

If you want to avail the facility of ICICI Insta OD apply, you can do it through the following multiple channels:

  • InstaBIZ App
  • Corporate Internet Banking
  • Existing customers of ICICI Bank can apply through ICICI Bank’s website.
  • New to bank customers can apply for Insta OD ICICI through ICICI Bank’s website or nearest ICICI Bank branch.
  • You can also apply at the time of account opening.

If you wish to avail ICICI Bank Insta OD facility through ICICI Bank website, login through the link mentioned below:


The eligible customers can login by following the steps given below:

  • Login to the Corporate Internet Banking or on InstaBIZ/ I Bizz App. 
  • Click on the Insta OD offer banner. 
  • View and verify a pre-filled application form for availing the Insta OD facility. 
  • After completing the two–step acceptance process, you can instantly avail the ICICI Insta OD facility in your current account.

You can also apply using the link given below:  

To know more about the InstaOD ICICI Bank application process, you can contact the nearest ICICI Bank central helpline number on 022-42097572 from 9:30 am to 6:00 pm.

ICICI Bank Insta OD FAQs

How to avail the overdraft?


ICICI Overdraft facility can be availed through the following multiple channels:

  • Corporate internet banking
  • InstaBIZ app
  • ICICI Bank website 
  • Visiting the nearest ICICI Bank branch
  • At the time of account opening with the bank

What is the OverDraft limit in ICICI Bank?


The overdraft limit in ICICI Bank is maximum up to Rs. 15 Lakhs for existing customers and Rs. 10 Lakhs for new customers. The limit depends on banking transactions and account conduct of the customer as assessed by ICICI Bank over 12 months.

How does OverDraft work in ICICI Bank?


Customers get a credit limit for Insta OD in ICICI Bank worth up to 3 times their net salary. They have to pay for only what they use as the interest is to be paid only on the actual OD amount utilized by the customer. It comes with a fixed rate of 16% per annum, that is calculated on a daily reducing balance.

What is Insta FlexiCash limit ICICI?


ICICI Bank customers are selected for ICICI InstaOD basis their banking relationship with the bank, in addition to other parameters. Then they are offered a pre-approved FlexiCash overdraft limit on their salary account.

What is the customer care number for ICICI Insta OD?


You can reach the ICICI Insta OD customer care number on 022-42097572 from 9:30 am to 6:00 pm