Service Fees for ICICI PayLater: Customers who use ICICI PayLater will have to pay an extra penalty on monthly expenses over Rs 1000, according to the material on the ICICI Bank website. Let us know how many charges you’ll have to pay and how much money you’ll have to pay.
Customers of ICICI Bank should be aware of some vital information. Customers who use ICICI PayLater will now be charged an extra service fee to use this particular feature. Until now, there was no price for this service. Charges, on the other hand, have been established based on various amounts. Please inform us of the service charge.
The use of ICICI Pay Later will incur a fee.
Customers who use ICICI PayLater will have to pay a service charge on monthly expenses over Rs 1000, according to the material on the ICICI Bank website. If you spend between Rs 1001 and Rs 3000, you would have to pay a service charge of Rs 100 under the new law (in addition to tax). In addition to tax, if you spend between Rs 3001 and Rs 6000, you will be charged a service charge of Rs 200. In the same way, if you spend between Rs 6001 and Rs 9000, you’ll have to pay a service charge of Rs 300 on top of the tax. A service charge of Rs 100 will be charged to your account once you spend Rs 3000 per month.
What is a Pay Later Account, and how does it work?
You can pay the expense initially and then pay it with the ICICI Pay Later Account. The bank gives its customers with interest-free credit service data for a period of 30-45 days, allowing them to make purchases even if they have no money in their accounts. This service is offered to ICICI Bank clients.