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Question

ICICI Bank has partnered with which of the following agencies in October 2024 to provide instant credit on UPI for pre-approved customers, offering up to ₹2 lakh credit with a 45-day repayment period?

This question was previously asked in
RRB NTPC 2024 Undergraduate CBT 1 Question Paper (29-Aug-2025) (Shift 1)
The correct answer is

PhonePe

In October 2024, ICICI Bank entered into a partnership with PhonePe to facilitate instant credit on UPI for pre-approved customers. This collaboration allows eligible customers to access up to ₹2 lakh in credit with a repayment period of 45 days. This strategic alliance aims to enhance customer experience by providing quick and seamless credit options tailored to meet varying financial needs, utilizing the widespread reach of PhonePe's platform and the reliable banking services of ICICI Bank.

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