unwind to potential

b2 – ICICI answer to complete online banking

Posted by Rahul Narula on July 25, 2008

ICICI Bank has recently came up with a unique and first of its kind savings account which they term as “new face of money“. As always the pioneers in banking software adoption have come up with a new product called “b2 – Branchfree Banking“. Introducing the product when they asked when was the last time you visited your bank branch, I had a clue what on offer as in my more than 5 years of relationship with them had never being visited the branch as I do almost all my banking online using Infinity.

So what is b2 anyways and how its exciting ?

The new b2 account has the following offerings. I am categorizing them into 2 sections,1 that favor bank and the second that favors us as customers


  • no branches
  • no ATMs
  • no cheque books

For Customers

  • higher interest
  • zero charges
  • no minimum balance

    So you will get only a account that you can use for online transactions be it paying utilty bills to shopping for air tickets. The money kept in this account with earn you better interest. People who are aware of the Quantum Optima feature of the regular saving accounts will be aware of how it is done as for this account Quantum Optima comes by default.

    For online transactions they have come up with eWallet & Virtual Credit Card to minimize risks. All transaction (as of now) are free.


    6 Responses to “b2 – ICICI answer to complete online banking”

    1. nsdevaraj said

      i have applied for one(2 weeks back), but yet there is no luck.. I have not recieved any response from bank.(same INDIAN bank)

    2. s.vijayan said

      is it possible to trancefer money from b2 account to abroad accont

    3. Bob said

      i have opened an account with this bank. Its a preety good cyberworld initiative. After applying, i was contacted within 3 days and my account got activated within a week. I think they should give the facility to link the branch account or atleast an ATM card so that money can be withdrawn during emergrncy.

    4. Surinder said

      it is ok,

      but, it is very slow unlike icici bank’s main site, which is very fast and prompt.

      the problem with b2 a/c is that it is very slow and even before completion of online transaction, time runs out & transaction gets dropped.

    5. Tempe Strippers…

      […]b2 – ICICI answer to complete online banking « Freedom[…]…

    6. Graig said

      That wasnt the reply I was waiting for!

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