| Channels | InstaBIZ mobile app plus Corporate Net Banking, with APIs and host-to-host connectivity available for eligible corporate integrations. | NEO for Business/Corporates, Corporate Internet Banking, Axis Mobile Corporate and API-based services are presented as business transaction-banking channels. |
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| Eligible relationships | Existing ICICI Current Account customers receive transactional access; non-ICICI/guest users can access selected merchant/onboarding services. | Eligible Axis current-account/business/corporate customers with the relevant channel and service activation. |
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| Roles / approvals | Role-based Maker/Checker access is explicitly supported; a Maker raises a request and a Checker can approve it, with single/dual authorisation depending on setup. | Axis corporate payout APIs explicitly support an approval workflow; corporate Internet/payment modules use authorised-user controls according to the customer's setup. |
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| Payments / bulk | NEFT, RTGS, IMPS, UPI, single and bulk payments, salary/vendor/dividend payouts, BizPay360/iMultiPay and file-based corporate payments are supported. | Bulk/vendor/salary/statutory payments are supported through business platforms; the payment module includes direct credit, IMPS, NEFT, RTGS and other payout instruments. |
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| Collections / reconciliation | Virtual Account collections, merchant analytics, ERP integration, payment links/QR and detailed reconciliation are supported across the business stack. | Collections span cash, cheque, electronic payments and payment gateway; Axis APIs support real-time transaction updates and reconciliation-oriented status feeds. |
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| Cash management | InstaBIZ lists cash-management services; ICICI corporate payment solutions support scalable collections/disbursements and H2H/API operations. | NEO is positioned around cash management, payments, collections, trade finance, supply-chain finance and treasury/forex workflows. |
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| API / ERP | Corporate Net Banking APIs/H2H and ERP integration support automated payment and reconciliation workflows. | Corporate payout and collection APIs support ERP/system integration, transaction status, reverse-feed callbacks and beneficiary/account validation. |
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| Limits / controls | Quick transfer without payee registration is up to ₹20,000/day/payee on the reviewed InstaBIZ page; other corporate limits remain account/channel/approval specific. | Approval workflow, user rights and product-specific limits govern payments; no bankwide corporate ceiling is inferred from the reviewed evidence. |
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| Charges | InstaBIZ app usage itself is stated as free; underlying account, payment, merchant and service pricing remains separately applicable. | Current-account, payout, collection, API and merchant pricing can be separately contracted; no universal free-service claim is made. |
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