Now, ICICI Bank customers can go to a store, scan the QR code, and pay in easy instalments. Do note that customers who are eligible for ICICI Bank PayLater, the bank's 'buy now, pay later' service, can avail of the EMI facility for UPI payments. Th e transaction amount has to be more than Rs 10,000 to be converted into EMIs. ICICI Bank users will get three instalment options to choose from: three months, six months, and nine months, as per an ET report.