ICICI Cardless EMI. ICICI Bank launches cardless EMI facility

Our Bureau Updated - June 21, 2021 at 07:26 PM.

Customers can convert transactions up to ₹5 lakh into easy EMIs

A pedestrian walks past an ICICI Bank Ltd. branch in Mumbai, India, on Friday, Dec. 4, 2020. Home sales in India's commercial capital jumped to an eight year high in October, according to data from Knight Frank, marking an abrupt turnaround for a market that's spent three years in the doldrums after a prolonged shadow banking crisis strangled access to credit. Photographer: Dhiraj Singh/Bloomberg

Private sector lender ICICI Bank has introduced an instant cardless EMI facility for online purchases on e-commerce platforms. The facility is available to the bank’s pre-approved customers across 2,500 e-commerce brands.

“Customers can convert the transactions up to ₹5 lakh into easy monthly installments by entering their registered mobile number, PAN and OTP at the check-out section of the e-commerce website or app,” said ICICI Bank in a statement on Monday.

Published on June 21, 2021 09:24