ICICI Bank introduces OTP-based log-in facility for internet banking
The facility enables the bank’s customers to log-in to their internet banking account using their registered mobile number, OTP and their debit card PIN
Private lender ICICI Bank has introduced a facility which will bring a sigh of relief to its customers as they are no longer required to memorise their internet banking passwords. The facility enables 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 endeavour 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 introducing 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."