Credit Line on UPI

Credit Line on UPI is an innovative financial offering that empowers individuals to access pre-sanctioned credit lines. Experience the convenience of seamless account linking and secure authentication for credit line transactions using your UPI PIN. Benefit from comprehensive app-based insights, seamless merchant payments, and multiple repayment options. Read more Read less

Features

Seamless linking of accounts

Discover credit line accounts from the issuer bank based on your registered mobile number and link it on any UPI app

Secure authentication

Authenticate transactions with a dedicated UPI PIN for Credit Line on UPI, enhancing security and preventing unauthorized access

Comprehensive insights on app

Get insights about credit line status, utilized credit line, and existing EMI details directly on the UPI app

Merchant payments

Make payments to merchant QR codes and e-commerce merchants using Credit Line on UPI

Same limits as on UPI

Standard UPI transaction limits are applicable

Multiple repayment methods

Use repayment methods such as inward payments to a UPI ID for credit line repayment, and emandates (UPI Autopay) where applicable

Convenient dispute resolution

Resolve disputes easily using the UPI Help ODR available on UPI apps, ensuring a transparent and userfriendly experience

#}

Our partners, your choice

Partnering with leading technology services providers to offer you a wide range of credit line options on UPI, with a
commitment to building long-term financial relationships

Navi

Navi is India’s lending fintech company that aims to provide easy access to affordable and innovative financial products. With a strong focus on digital transformation, Navi strives to simplify financial solutions through a user-friendly, digital-first approach by using data-driven insights and cutting-edge technology.

Do’s and don’ts

User manual

Apply now
Not sure which product is for you?

Let’s find the best fit together

  • No spam calls
  • Dedicated KBL experts
  • Set up a call on your time

Got questions? We’ve got answers.

Is there any interest rate applicable to avail Credit Line on UPI?

There will no interest charged for using credit line on UPI. However, convenience/late fees are applicable. For more information on disbursement
and charges, refer Key Fact Statement (KFS) issued at the time of onboarding.

P2M transactions are allowed although transactions through high risk vendors are restricted.

The limit of the Credit Line on UPI can range between ₹2,000–₹60,000 on the basis of eligibility. However, it is to be noted that when the customer
sees the offer, the eligibility is already set.

The Credit Line on UPI limit is refreshed every month and may change subject to eligibility. The Bank will notify the customer once they re eligible.

No. A credit line UPI ID can be used only for merchant UPI ID payments, not for P2P (peer to peer) UPI transactions

Yes, by repaying the dues.

To link Credit Line on UPI on any TPAP, please follow the instructions below:


1.Click and open any TPAP (Google Pay, PhonePe, Paytm, etc.)
2.Click on “Add a credit line”
3.Select Karnataka Bank”
4. Enter Aadhaar OTP for verification and set UPI pin
5. The credit line account has been successfully linked to the TPAP for seamless merchant payments

No, only one credit line account can be opened for one customer.

An eligible customer can check the Credit Line on UPI offer through Navi UPI app. Download the app from Play Store, login and go to Navi PayLater.
If the offer is unavailable, please continue to bank with us to enable the offer

Customers onboarded between 1st to 20th of a month will have the bill generated on 1st and the due date on the 5th of the next month. However,
customers onboarded between 21st to the last day of a month will have the bill generation date and due date as 1st and 5th of the next to next
month. For example, if you avail a Credit Line on UPI account between 1st to 20th Jan, your bill will be generated on 1st Feb and outstanding
amount will be due on 5th Feb. If you avail a Credit Line on UPI account between 21st Jan till 31st Jan, your bill will be generated on 1st March and
outstanding amount will be due on 5th March.

Such defaults will be reported to the credit bureau. Default charges and interest will be applicable on the outstanding amount every month.

Credit Line accounts get locked when dues are not paid by the due date. After payment of dues, your Credit Line account gets unlocked on the
next working day. If you are still unable to use the Credit Line account, please call our customer care.

Credit Line customers can close their account by submitting a request through the Karnataka Bank platform. Upon submitting the request,
customers will be required to pay the total outstanding amount, including any charges, whether or not they have been reflected in the

account statement. Customers can close their Credit Line account by writing to paylater@navi.com.

See privacy policy.

See grievance redressal

Advantages of Credit Line on UPI

An innovative financial product designed to revolutionize the lending landscape by empowering individuals and businesses to access pre sanctioned credit lined built on the familiar, seamless and secure UPI experience. Enjoy the convenience of seamless linking of accounts, secure authentication for credit line transactions using your UPI PIN, comprehensive app based insights, seamless merchant payments, multiple repayment methods, and a user friendly transparent dispute resolution system using the UPI Help ODR on the UPI app. This product facilitates the availability of low ticket, high volume retail loans, fostering economic growth and enhancing financial inclusion. Leveraging advanced technologies such as data analytics and artificial intelligence, banks can identify credit line opportunities for customers and merchants engaged in significant UPI based digital payments.

Do maintain a healthy credit score to qualify for better loan terms. Evaluate your financial situation and only borrow what you can afford to repay. Plan your loan tenure and EMIs based on your repayment capacity. Don t ignore the fine print in the loan agreement, especially regarding fees and penalties. Avoid taking a personal loan for impulsive purchases or investments with high risk.