ICICI PayLater Service Charges: According to the information given on the ICICI Bank website, customers using ICICI PayLater will have to pay an additional charge on monthly bills above Rs 1000. Let us know for how much amount you have to…
New Delhi: There is important news for the customers of ICICI Bank bank. Customers using ICICI PayLater will now have to pay an additional service charge to avail this special facility. Till now no charge was to be paid for this service. However, charges have been fixed for this according to different amounts. Let us know about its service charge.
There will be a charge for using ICICI Pay Later
According to the information given on the ICICI Bank website, customers using ICICI PayLater will have to pay a service charge on monthly bills above Rs 1000. Under the new rule, if you spend from Rs 1001 to Rs 3000, then you will have to pay a service charge of Rs 100 (in addition to tax). At the same time, if you spend from Rs 3001 to Rs 6000, then you will have to pay a service charge of Rs 200 in addition to tax. Similarly, on spending from Rs 6001 to Rs 9000, you will have to pay a service charge of Rs 300 in addition to tax. Under this, after spending Rs 3000 every month, a service charge of Rs 100 will be added to your account.
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What is Pay Later Account?
Under the ICICI Pay Later Account, you can pay the expenditure first and then pay it. Under this, the bank provides interest free credit service data to its customers for a period of 30-45 days, so that purchases can be made even if there is no money in the customers’ account. This service is available to the customers of ICICI Bank.
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