Shop Now, Pay Later, No Card Needed! Revolutionise Your Shopping Experience with ICICI's Cardless EMI Facility

ICICI Cardless EMI: With the "Cardless EMI" feature from ICICI Bank, consumers may now make purchases using equated monthly installments (EMIs) without using a credit or debit card thanks to a digital payment method. The goal of this creative approach is to increase accessibility and convenience of shopping, especially for people without regular credit cards.

What is ICICI Cardless EMI?

Pre-approved ICICI Bank customers can purchase their preferred electronics, gadgets, appliances, and more by breaking down the cost into affordable monthly installments with the help of the ICICI Cardless EMI option. The customer's PAN and mobile number are used by the Cardless EMI facility for authentication and transaction approval, in contrast to standard EMI choices that demand a credit or debit card.

How to Get ICICI Cardless EMI

This is a detailed guide on how to use the ICICI Cardless EMI service:

Eligibility Check: 'CARDLESS' is the SMS that customers can send to 5676766 to see if they qualify for the Cardless EMI.

In-Store Purchase: Customers should choose the item they want to buy and let the store representative know if they would like to use the Cardless EMI option when they shop at a partner retail location.

Authentication: The customer's PAN and registered cellphone number will be requested by the store representative. The consumer's mobile device will be sent a one-time password (OTP), which they must enter at the point of sale (PoS) terminal.

Approval and Transaction: The transaction is authorized and the customer can finish the purchase after the authentication process is successful. After that, the customer's ICICI Bank account would be debited for the EMI installments based on the tenure they selected.

Benefits Here

No Card Required: Customers can streamline the process by not requiring a credit or debit card.

Instant Approval: OTP expedites the process of transaction authentication, making it easy and rapid.

Flexible Tenure: Consumers can select from a range of EMI terms, which facilitates better money management.

No cost EMI without a card: Clients receive free EMI on premium brands at premium merchants without the need for credit cards

The first bank in the sector to offer a totally digital, cardless EMI option at retail locations is ICICI Bank.