ICICI Bank EMI Facility on UPI Payments introduced: All details

ICICI, one of the top private sector banks in India has recently introduced an EMI facility on UPI Payments. Using this UPI EMI facility, customers can use it to make large payments above Rs.10,000 in EMI of three, six, or nine months. The EMI on UPI payments facility by ICICI Bank will be available to use through the bank’s UPI app. More details below

ICICI Bank will now allow customers to convert their UPI payments to easy EMI for scan and pay payments through the ICICI Bank UPI app. 

Be sure to check our article on UPI Limits for all Banks to know the maximum transaction limit per day allowed by different banks including ICICI.

Also, as mentioned before this EMI on UPI payment facility is only available for those ICICI Bank customers who are eligible for the bank’s Buy Now, Pay Later.

The ICICI Bank charges on the UPI EMI facility are yet not announced. We will try to update this article as and when the bank announces it. The facility can be availed across all major categories such as electronics, groceries, fashion, apparel, travel, and hotel bookings.

ICICI also said to extend the EMI facility for Buy Now Pay Later for online purchases too.

Additionally, you can also check our other informative article about the Different between UPI, NEFT, RTGS, IMPS: Fees & Limit

So this was all about sharing the ICICI Bank EMI on UPI payments facility details.