ICICI Bank ICICI Bank

Types and features of FASTag prepaid wallets

 

 

Small PPIs:-

PPIs upto Rs.10,000/- (with no cash loading)

 

  • This wallet will be issued after obtaining minimum details of the customer


  • The minimum details will necessarily include a mobile number verified with One Time Pin (OTP) and a self-declaration of name and unique identity / identification number of any ‘mandatory document’ or ‘officially valid document’ (OVD)


    • Aadhar Card 


    • Pan Card


    • NREGA Job Card


    • Driving License


    • Passport


  • The amount loaded in wallet during any month shall not exceed Rs. 10,000 and the total amount loaded during the financial year shall not exceed Rs. 1,20,000


  • The wallet balance at any point of time in the wallet shall not exceed Rs. 10,000


  • Cash withdrawal or funds transfer from the wallet will not be permitted


  • The closure proceeds can be transferred ‘back to source account’ (payment source from where the PPI was loaded).


  • In order to convert to Full KYC, please do the following:


 

Full KYC PPIs

  • Full KYC benefits will be given after completion of KYC by customer


  • The amount outstanding shall not exceed Rs.1,00,000/- at any point of time. The current limit allowed for this instrument is Rs.1,00,000


  • The closure proceeds can be transferred ‘back to source account’ (payment source from where the PPI was loaded).


 

Documents that can be accepted for Full KYC

Individual customers

 

  • Aadhar


  • Pan card


  • NREGA Job Card


  • Driving Licence


  • Passport


  • Application form


 

Corporate customers

 

  • GSTIN


  • Incorporation certificate


  • Partnership Deed


  • UDYAM Certificate


  • List of Partners/Directors


  • Company Pan


  • Photo id and address proof of AS/BO


  • Application form

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