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Can ICICI Bank change the approved credit limit allotted for PayLater Account after it is created?
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Yes. PayLater customer shall utilise the transaction limit under PayLater by ICICI Bank to make INR purchases. The renewal of PayLater by ICICI Bank shall be subject to ICICI Bank’s discretion. ICICI Bank reserves the right to review and reduce the transaction limit extended to PayLater customer at the time of renewal or at any other time at its sole discretion with or without any notice to the PayLater customer. However, enhancements to the transaction limit, if any shall be effected by ICICI Bank only after obtaining prior consent of the PayLater customer.