ICICI Bank UPI – Registration Process I Steps to Use

ICICI Bank does not have a separate app dedicated only for the use of UPI. This feature is embedded in the bank’s mobile banking application, i.e. iMobile. You need to install this app from the App Store or Play Store.

To use any of the online services by ICICI Bank, make sure that your internet banking services are active.

The first step towards using UPI with ICICI Bank is to download/install the bank’s mobile banking app – iMobile.

Please note that this app can only be used if you have an ICICI Bank savings account or credit card or loan with the bank.

• Install iMobile app from App Store or Google Play
• Give permission to make phone calls and send/receive messages
• Click on “I already have an Account”
• Verify your account
• Set your login PIN. You can also enable fingerprint login for quick access

To send or request money via UPI, it is important to have a VPA (Virtual Permanent Address). Steps to create VPA for ICICI Bank UPI:

To use UPI services, the users first need to create VPA (Virtual Payment Address) by following the steps given below:

1. Login to iMobile app using login PIN or fingerprint
2. Select “UPI” from the homepage
3. Open the “Create Virtual Payment Address” option from “Manage” section
4. Select the bank account number with which you would want to link to UPI
5. Check the “Create New VPA” option
6. Enter your desired VPA. (e.g. abcd1@icici)
7. In the end, click the Submit button

After you click the Submit button, you will receive a congratulatory message on successful creation of VPA. The message will also show the bank account number and the linked VPA.

Once you have created VPA, the users can start sending money from their bank account to another. To do so, follow the steps given below:

1. Login to iMobile app using your login PIN
2. Go to “BHIM UPI” section
3. Under the “Transact” option, click on “Send”
4. Select your VPA/UPI ID through which you want to transfer money in the “From” field
5. Enter the receiver’s VPS in the “To” field
6. Enter the amount that you want and remarks (optional)
7. Click on “Proceed”
8. Check details and “Submit” to complete the process

After you click the Submit button, you will receive a congratulatory message on successful transfer of funds.

Besides, sending money, the ICICI customers can also request or collect money from other UPI users. To collect money using UPI, follow the steps given below:

1. Login to iMobile app
2. Go to “BHIM UPI”
3. Click on “Collect” from the “Transaction” section
4. Select your VPA in which you wish the funds to be deposited
5. Enter the Payer’s VPA or UPI ID
6. Enter the amount that you want to receive in your bank account
7. Enter remarks (optional)
8. Select either ‘Collect Now’ or ’Collect later’ option as per your preference
9. If you select the ‘Collect later’ option, choose the date on which you want to schedule your request for money
10. Confirm details and Submit to complete the request

For non-ICICI customers, ICICI Bank’s Mobile Wallet, “Pockets” can be used to carry out UPI transactions. The steps are similar and the app can easily be installed to an Android or an iOS device.

It is a VISA-powered e-wallet that customers of any bank can use to send money, recharge mobile, pay bills and much more. With Pockets, you can also shop online at any Indian website and avail a Pockets physical card to shop at stores.

Features of Pockets wallet:

• The app is instant and everywhere. You can download the app instantly and create your wallet. Add funds instantly using your any bank’s debit card or net banking.
• You can pay anyone with Pockets bank e-wallet. It’s easy to transfer money to bank accounts and mobile numbers. Also, you can request for money with this app.
• By using mVisa feature on Pockets, you can pay at stores directly from your smartphone. You can also avail Pockets Physical Card to shop at stores.
• The app also offers deals from your brands that are available in the app.
• For any assistance on the app, customer support is just a click away. You can call or email for any assistance.
• You can add money to Pockets wallet using the net banking of any bank.
• ICICI Bank customers can add money to Pockets wallet from their linked ICICI Bank account.

The interface of the UPI-based ICICI app is user-friendly. The UPI features are universal and are also present in the ICICI Bank’s UPI-based mobile app. Some of these features are listed below:

Quick Transfers 

The UPI users need not enter the bank details of the beneficiary for each transaction. If they know their VPA or Virtual Payment Address, they can use it to make or collect payments instantly.

24×7 Availability

Transfers can be made round the clock and 7 days of the week. This means customers can make transactions even during a bank or public holidays.

Safe Payment – No exchange of account details 

The users do not need to worry about their account security as UPI is a safe and secure payment option. Only VPA (Virtual Payment Address) is required. This is also termed as UPI ID.

Cashless Payments 

Apart from bank to bank transfers, UPI can also be used when shopping. Be it a small shop or a supermarket, customers can pay by simply scanning the QR code.

Where do I find UPI option for ICICI Bank?

ICICI Bank provides UPI feature in its mobile app – iMobile. This is only for existing ICICI Bank customers. For those who are not ICICI customers, they can access UPI feature on the bank’s mobile wallet – Pockets.

What is VPA?

VPA is Virtual Payment Address. This is also called as UPI ID and works exactly how an email ID works. For ICICI bank customers, VPA will be created in this format of xxxx@icici.

What is the daily limit for UPI transactions?

You can make up to Rs. 1 lakh of transactions daily or up to 10 transactions in a day.

How do I pay to a shopkeeper for groceries using UPI from my ICICI account?

You can easily scan the QR code given by the shopkeeper or ask for his/her VPA.

What are the timings for making payments via UPI?

UPI payments can be made 24×7.

I use an iPhone. Will be I able to use UPI for ICICI Bank?

Yes. UPI feature is available on ICICI Bank’s mobile app, i.e. iMobile. It is available on Google Play as well as App Store.