‘Pending for processing’ happens in different scenarios:

  1. It takes place when the transaction hasn’t been approved by the checker in case the maker-checker rule has been enabled in the bank account. In such cases check the transactions pending for approval in the ICICI Corporate Internet Banking.
  2. It takes place if the transaction is initiated after cut-off time in the case of NEFT & RTGS.
  3. The pending status is also shown if the bank has not confirmed whether the transaction is a success or a failure to avoid the double deduction of money from your account. The user can initiate the transaction again after 15 mins if there is no deduction.