Exciting news! ICICI Bank has teamed up with PhonePe to offer instant credit on UPI. If you’re a pre-approved ICICI Bank customer, you can now access a credit line of up to ₹2 lakh directly through the PhonePe app.
Key Highlights:
- Get instant, flexible short-term credit.
- Available for pre-approved ICICI Bank customers.
- Credit line up to ₹2 lakh with a repayment period of 45 days.
How to Activate the Credit Line:
- Login to your PhonePe app.
- Tap on the credit activation banner.
- Review the product features and charges, and proceed with activation.
- Complete the authentication steps.
- Once approved, link your credit line to UPI, set up your UPI PIN, and start using it.
This feature allows you to make UPI transactions for high-ticket purchases like electronics, travel bookings, bill payments, and more. Plus, it works across all UPI payment apps, making it super convenient.
Perfect timing for the festive season!