ICICI Bank announces the launch of ‘iFinance’, enabling crores of customers-retail and sole proprietors, to get a consolidated view of their savings and current accounts in one place.

• Customers of other banks can also benefit from this facility, which ICICI Bank has introduced by leveraging the Account Aggregator ecosystem, on the Bank’s digital platforms, namely the iMobile Pay app, Retail Internet Banking (RIB), Corporate Internet Banking (CIB) and InstaBIZ, the Bank’s mobile app for businesses. 
• The ‘iFinance’ facility is available across our mobile banking and internet banking platforms which provide ease of access to account information to the customers. 

ICICI Bank's ‘iFinance’: Key features

1)Linking and viewing of all accounts: Users can securely link their savings and current accounts with all banks and view account balances in one place

2) Summary of income and expenditure: The facility allows users to get an insightful summary of their income and expenditure which helps them monitor their finances properly

3)Track spending/payments: Users can track their spending and get category-wise information on their expenses. This helps them manage their expenses and overall financial health

4)Complete user control: The facility also provides increased convenience as the users can link and de-link accounts on a real-time basis

5)Detailed statements: With this facility, users can also download consolidated account statement(s) of all linked Bank accounts