ICICI Bank starts ‘Cardless EMI’ facility

ICICI Bank has launched a completely digital mode of payment at the famous retail stores.

The facility is known as ‘ICICI Bank Cardless EMI’ (Equated Monthly Instalments) which enables lakhs of its pre-approved customers to buy their favourite gadgets or home appliances only by making use of their mobile phone and PAN instead of wallet or cards.

Interestingly, the Bank has partnered with Pine Labs to provide this facility in retail outlets such as Croma, Reliance Digital, My Jio Stores and Sangeetha Mobiles.

At these retail stores, customers can avail the ‘Cardless EMI’ facility to purchase electronics from brands like Carrier, Daikin, Dell, Godrej, Haier, HP, Lenovo, Microsoft, Motorola, Nokia, Oppo, Panasonic, Toshiba, Vivo, Whirlpool and MI.

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