Want to UPI now and pay later? Find out how you can do UPI with insufficient bank balance - Your guide to UPI credit lines
Last Update Date: 06-10-2026
Published by The Financial Express
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that getting a credit card usually involves heavy paperwork, which keeps many people who lack formal income records out of the credit system.
More of Abhishek's views on money management
The article explains RBI's September 2023 move allowing banks to offer pre-sanctioned credit lines through UPI. It covers how the facility works, how interest and charges vary between banks, and how it differs from using a credit card on UPI.
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Want to UPI now and pay later? Find out how you can do UPI with insufficient bank balance - Your guide to UPI credit lines