ICICI bank will now verify OTP for internet banking logins

The private sector bank, ICICI Bank has recently launched a new way of login a facility for all its net banking customers which will bring a sigh of relief to the. They would not have to remember their login password to login into the net banking. This facility would allow the bank’s customers to log-in to their internet banking account using their registered mobile number, a ‘One Time Password (OTP)’ and their debit card PIN.

Speaking on the initiative, an ICICI Bank spokesperson said, “ICICI Bank has always been focusing on enhancing its products and services to make banking more convenient and hassle-free for its customers. In line with this ideology, we have introduced the unique OTP-based login facility for our internet banking customers. Our endeavor to offer this service began with the belief that further simplifying the internet banking log in process would enable our customers to avail the internet banking services with all the more ease, in a few simple steps instantly. This led us to introduce the OTP-based login facility, which is as secure and robust as the traditional method of logging in, as it involves the same two-factor authentication process.”

This facility would make the logins of net banking more secure as OTP verification would be required every time a user logins. Also, bank will provide customer support for NRI customers who are getting problem to connect it with their phone number.