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Paylater FAQs

Display: What is ICICI bank PayLater?

To appear on searches for: What is PayLater/ ICICI bank PayLater/ BNPL/ Buy Now Pay later/ Shop now Pay later/ upi now Pay later?

ICICI bank PayLater is your pre-approved Credit Line on UPI. Pre-approved customers can activate using iMobile pay and ICICI net banking.

How to link your ICICI bank PayLater Credit line on UPI in BHIM or any UPI Payment App 

Install you payment app of choice from PlayStore/App Store. Go to settings/profile  Select Add Credit line on UPI  Select ICICI bank  Authenticate and done!

Your ICICI bank PayLater will be added as a payment option. You can transact using it for all your merchant needs like shopping, bill payments, recharge, etc.

You can link your ICICI PayLater to multiple UPI payments apps.

How to use ICICI bank PayLater – Credit Line on UPI?

You can use it by below modes with iMobile Pay or any UPI payment App

  1. Scan and pay mode

  2. UPI Collect

  3. Pay to UPI ID

You can also use ICICI bank Net banking for using paylater. You can take EMI for amount greater than Rs. 10,000 in iMobile Pay’s Scan QR mode

What is My PayLater VPA/UPI ID?

Your PayLater Account is identified with a unique PayLater VPA (e.g. pl.XXXXXXXXXX@icici) in your iMobile Pay. You can check your PayLater UPI ID in PayLater Section of iMobile Pay.

If you are using PayLater with any other UPI payment app, check in the App’s settings/profile section against your ICICI credit line on UPI.

It can be used to make various UPI payments such as online shopping, mobile recharge, flight/train/bus/taxi bookings etc.

Where all can I use the PayLater UPI ID for payments?

PayLater UPI ID can be used for payments to any merchant UPI ID, QR and you can UPI collect at their check out

To know more visit at : https://www.icicibank.com/Personal-Banking/paylater

What is the limit that is available on my PayLater account?

The limit of your Paylater account can range between Rs.5000 to Rs.50000, based on your eligibility. The limit will be preset for the customers to whom the invite is sent.

To know more visit at: https://www.icicibank.com/Personal-Banking/paylater

How can I get the PayLater facility?

PayLater by ICICI Bank is available for a set of customers on an invite-only basis. The customers for whom the facility is available can activate with below methods:

  1. iMobile Pay  Accounts and Deposits > PayLater > Activate Now > Consent check box > Activate Now > Success

  2. Logic to your ICICI net banking > Accounts option > PayLater > Activate Now > Mobile OTP > Success

To know more visit at : Link of How to activate PayLater section 

Can I have multiple PayLater Accounts linked to the various products of ICICI Bank?

You can have one PayLater Account, and can link to multiple UPI payment apps

Know how to link: How to link FAQ

To know more visit at: https://www.icicibank.com/Personal-Banking/paylater

Is there any fees applicable for using Paylater?

There is one time activation fee associated with opening of PayLater account.

Usage upto Rs. 3000 has no charge and above that basis your spends there is a minimal service charge associated.

In case of late payment, the customer shall be charged a penal interest based on the daily total outstanding post the ‘Pay by Date’. Additionally, the customer shall also be levied a fixed late payment charge, in subsequently generated bills, until the dues are cleared.

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