Due to late payments, this auto-debit can sometimes cost a lot in fees. So, customers sometimes like to pay directly. If a system in the bank goes down, it will take longer to get the information. Payment is late because the customer needed to get the information about how to pay on time. Suppose you have closed the Loan; you must cancel ECS (Electronic Clearing Services ) by going to the bank or online. Otherwise, the small amount will be debited monthly from your bank. We have provided the steps to cancel the ECS/NACH payment online at ICICI Bank.
Steps to Cancel ECS/NACH in ICICI Bank
1) Visit the ICICI Bank Official website: https://www.icicibank.com/personal-banking/insta-banking/internet-banking
2) Click on the "Login" button, and then it redirects to the "Login to Internet Banking" page. You need to log in with a user ID or Phone number there.
3) After the Login Dashboard opens, you need to mouse over "Customer Services," which is shown in the top right corner. You will see the "Service Request" option. Just click on it.
4) It redirects to the "Service Requests" Page. You will see the option "ECS/NACH Mandate Cancellation." Just Click on it.
5) Select your Saving Account Number from the Drop Down.
6) Select your Loan ECS Account from the list, mark it on the declaration, and click on the "submit " button.
7) You will get OTP for your Registered Mobile Number. Enter OTP and Click on the "Submit"
button. Then, your cancellation request will be completed in 1 working day.
That's all, Folks : )