Banking

ICICI Bank Cuts Renewal Costs by 60% with Rubic Voice AI Automation

Renewal and retention calling moved to Voice AI, cutting renewal cost by 60% while holding an 85% connect rate.

85%

Connectivity

60%

Lower CAC

90%

Peak connect rate

4 weeks

Go live

The challenge

What ICICI Bank needed to solve

Renewal campaigns were cyclical and enormous, forcing seasonal hiring spikes with the training and quality variance that comes with them.

Deployment snapshot

Sector
Banking
Languages

Hindi, English, Marathi, Gujarati, Tamil

Timeline
Live in 4 weeks
Connectivity
85%
Lower CAC
60%
The approach

How the programme was built

01

Propensity-led calling

Accounts most likely to renew are prioritised and scheduled around answer-rate windows.

02

Handoff on request

Transfer to a relationship manager triggers the moment a customer asks for one.

03

Policy-aligned data handling

India data residency, consent capture, and recording retention configured to internal policy.

The outcome

Results in production

Renewal cost per account fell 60% and connectivity held at 85% through peak windows, with no seasonal hiring.

85%

Connectivity

60%

Lower CAC

23

QA parameters audited

<800ms

Response latency

“Peak season stopped being a hiring problem. Capacity is now a configuration change.”

Vice President, Retail Operations

ICICI Bank

85%Connectivity

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