EMI@UPI 

After a successful ‘EMI @ UPI’ transaction, we will set up a special Loan Account for the transaction amount, and disburse the funds instantly to the merchant. It's that simple and quick!

We will automatically deduct the overdue EMI amount from your linked ICICI Bank Savings Account on 1st of every month (Next business day in case of bank holiday on 1st of the month). You can also repay using the iMobile Pay app in the 'Loans' section under 'EMI @ UPI’ on or after your due date.

We offer the flexibility to repay through UPI and NEFT towards your EMI@UPI Loan account number.

For the Loan Accounts opened between the 1st and 10th of any month, EMI due date will be the 1st of the next month (next business day in case of holiday on 1st) and if Loan Account is opened between the 11th to end of the month, EMI due date will be 1st of the month (next business day in case of holiday on 1st) following the next.

Our dedicated Customer Care team is here to assist you with closure requests or any other questions that you may have. Please feel free to reach out to us on 1800 1080.

 Here's what you should know about our EMI @ UPI option:

• No Hidden Charges: We won't surprise you with processing fees or foreclosure charges.

• Fixed 18% Annual Interest: You'll have a consistent interest rate throughout your Loan.

Late payments can have an impact on your CIBIL score, as they are reported to credit bureaus. It is important to ensure your payments are made on time, to maintain a healthy credit profile and access to financial opportunities. If you have concerns or face difficulties, consider reaching out to your financial institution to discuss options for managing your payments more effectively.

Certainly! You have the flexibility to open multiple Loan Accounts, making your experience a convenient one. With ICICI Bank’s EMI @ UPI facility, your EMI due date will be set on the 1st of every month, depending on when you open your Loan Account. This helps in easy planning of payments.