ICICI Bank has introduced the instant ‘Cardless EMI’ facility to online purchases made on e-commerce platforms. The facility enhances affordability to millions of the Bank’s pre-approved customers, as it allows them to instantly buy products or services online through Equated Monthly Instalments (EMIs) in just a few clicks by using their mobile phone and PAN.
Customers can convert the transactions up to Rs 5 lakh into easy monthly instalments by simply entering their registered mobile number, PAN and OTP (received on mobile number) at the check-out section of the e-commerce website or app. The facility can be availed across a host of categories such as electronics, home appliances, laptops, mobile phones, travel, fashion apparels, sports-wear, education and home décor.
ICICI Bank is a leading private sector bank in India.
Company Name | CMP |
---|---|
HDFC Bank | 1516.45 |
ICICI Bank | 1114.00 |
Axis Bank | 1137.25 |
Indusind Bank | 1468.80 |
Kotak Mahindra Bank | 1628.55 |
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