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If you have phone pay on your phone, it's enough.. Rs. 2 lakhs easily.. Bank's bumper offer!

Samayam | October 14, 2024 10:40 AM CST

Credit Line: Don't have money in hand to shop this festival? No tension though. Phone Pay on your phone is enough. For UPI payments you can easily make Rs. Can take loan up to 2 lakhs. ICICI Bank, a leading domestic bank, is offering this offer. This loan will be approved immediately. Now let us know what to do for that.

Highlights:

ICICI Bank Bumper Offer
2 lakh loan through phone pay
Option to make UPI payments

Credit Line: ICICI Bank, one of the leading banks in the domestic private sector, has given good news to its customers. It has tied up with PhonePe to offer instant credit over Unified Payments Interface (UPI) to its pre-approved customers. ICICI Bank issued an announcement last Tuesday to this effect that pre-approved customers can take instant loans and make UPI payments using
Through this agreement, lakhs of pre-approved customers of ICICI Bank can get instant short-term loans through the Phone Pay app, the bank said. It said that the loan money can be used for UPI payments without any hassle and safely. Currently, the bank is giving instant loan up to Rs.2 lakh on UPI. The repayment period for this has been fixed at 45 days. That means they have to take a loan as much as they need and pay it back within 45 days. Dussehra and Diwali festival season is going on now. At this time, it said that by providing instant loan, it will increase the purchasing power of its customers for high priced electronics, travel, hotel bookings, bill payments etc.

How to activate credit line by phone pay?

If the pre-approved customers of ICICI Bank want to get instant credit up to Rs.2 lakh through Phone Pay, they will first need to log into the Phone Pay app on their phone.
After that click on the credit activation banner that appears on the home screen of the app.
After that check the features and charges and go ahead for the actives
All authentication steps should be completed.
Once the credit line is approved, customers can link it with UPI. One can set a UPI PIN and use that money for UPI transactions.