The customer has to take the facility of EMI @ Internet Banking for this. After this, if they want, they can take the service of paying EMI for up to 5 years. You can easily take a loan of 5 lakhs and decide the EMI.
What to say if such facility is available? Loan also available and the right to decide the amount of EMI itself. This can be called a big facility because the banks decide how much money to pay every month in the EMI of the loan. But the country’s largest private bank ICICI Bank ICICI Bank has given great facilities to its customers. This special facility is being given on Internet Banking. You can decide on your own EMI on every purchase you make. If you have made a big purchase, then you can decide the EMI on it according to your own.
ICICI is the first bank to introduce EMI in Internet Banking. Any pre-approved customers of this bank can convert their high value transactions up to 5 lakhs into EMIs of their choice. Customers can choose to pay their insurance premiums, buy electronics items or pay child fees. These transactions can be converted into EMI through internet banking.
Advantages of EMI in Internet Banking
With the help of internet banking, you can pay full amount at one go. This facility is good but there is some hesitation in paying money at one go, what will happen to the budget. But if EMI facility is available on that transaction, then there is no hesitation in making payment. With the facility of EMI, even large transactions are done easily.
ICICI Bank provides loan disbursal service to its customers in just one click through Internet Banking. According to the customer, see and test how much interest will be charged on the credit or loan. If the rate of interest is right then you can get it in just one click
- If you are a pre-approved customer of ICICI Bank then you do not need to go through any paperwork
- The customer has to take the facility of EMI @ Internet Banking for this. After this, if they want, they can take the service of paying EMI for up to 5 years
- Loan is issued to the customer in a secure manner
How to avail EMI facility
Under Internet Banking, the customer gets two options to take the service of EMI. One can either avail the facility of Easy EMIs on Cart Value or take the service of pre-approved loan against Cart Value. Both these options are fulfilled according to the need of the customer. Let us know how one can pay EMI through Internet Banking.
- Go to ICICI Bank Internet Banking. There click on payment option
- Now login to your account with user id and password. If you want, you can also do this work with ICICI Bank Debit Card or Mobile OTP.
- Now select Pay with EMI option
- Then select the loan amount and tenure
- An OTP will come on your mobile number registered with ICICI Bank. Enter the OTP to authorize your payment
- With this you will get the loan and EMI will also be fixed on it.
- At present, this facility is being given on transactions of more than 1,000 merchants associated with companies of insurance, travel, education and e-commerce.
