BEST FOR

Converting UPI transactions into easy monthly installments

  • Instant EMI facility on Scanning the QR

  • Easy tracking of loans, EMIs and payments with ICICI Bank's iMobile app.

  • Instant disbursements and payment to merchants

  • Hassle-free automation process for EMI repayments

Calculator

Loan Amount

Interest Rate

Duration

Disclaimer*: Our personal loan EMI calculator offers estimated monthly installments which are indicative and tentative and are based on the details populated by the user. Actual loan terms and eligibility are subject to bank approval. For precise loan details, consult our representatives before decision based on the estimates.

Things you should know

  • No Hidden Charges

    We won't surprise you with processing fees or foreclosure charges.

    VIEW ALL T&Cs

  • Fixed 18% Annual Interest

    You'll have a consistent interest rate throughout your loan.

EMI @ UPI FAQs

What is EMI @ UPI?

Discover the ease of paying with EMI through UPI Scan to Pay for merchant QR codes. If your purchase goes beyond ₹10,000, you can turn it into smaller, budget-friendly instalments, with theflexible tenures in ICICI Bank's iMobile app. It is your way to stay in control of payments and manage your budget effortlessly.

Check  your eligibility in ICICI Bank's iMobile app>> Get Instant Loans/offers

What are the benefits of EMI @ UPI?

Our EMI@UPI option gives you the flexibility to convert your UPI transaction into easy monthly instalments. This can be beneficial as –

  • You can take multiple loans as per your need with the EMI@UPI offer
  • You will not miss an EMI with our auto debit facility
  • The instant disbursements and payment to merchants makes the entire process hassle free and smooth
  • You can track your loans, EMIs and payments seamlessly with ICICI Bank's iMobile app

How does EMI @ UPI work?

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!

Where can we use EMI @ UPI?

You can use EMI payments for purchases made through UPI Scan to Pay on any merchant QR codes. This makes big-ticket shopping easier and budget-friendly for you.

Popular purchases with EMI@UPI

  • Electronics

  • Fine dining

  • International Travel bookings

  • Education bills

  • Medical bills

Etc. 

Check your eligibility in iMobile >> Get Instant Loans/offers

How can I pay EMI for my Loan Account?

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 ICICI Bank's iMobile 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.

What is the billing cycle for the Loan Account opened through EMI @ UPI?

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.

How can I close the loan account?

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.

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Disclaimer

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