ICICI Bank offers instant OD facility for Flipkart sellers
Customers of any bank can avail of the OD facility from ICICI Bank if they are registered as sellers with Flipkart.
ICICI Bank has partnered with Flipkart to offer instant and completely digital overdraft (OD) facility of up to Rs 25 lakh to individual sellers and businesses registered on the e-commerce platform.
Enabled by API integration, the partnership helps Flipkart sellers avail an OD from the second largest private sector bank instantly and the entire process from filing the application to sanctioning and finally to disbursement is entirely digital, the bank said in a statement on Tuesday.
Customers of any bank can avail of the OD facility from ICICI Bank if they are registered as sellers with Flipkart.
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