Now after a long struggle I was able to set the pin in IVR. I don't know why it did not happen before, maybe they had some network problem. Now I tried the I-mobile app and again it did not allow me to login. So I also tried the website as you had mentioned in the screenshot. When I entered the card number and phone number I got the below message on both the I-mobile app and in the website.Also, Please set you credit card pin if not done already, that will activate the Credit Card as per RBI guidelines and do a first debit and credit txn of small amounts (add inr 1 to paytm wallet) just to be sure.
No you don't need to wait. Go to icici website and click on Login --> New User and enter your CC details to get your user id. You should be able to set your password during the same process, if not, just forget-password and set a new one.
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Since now the pin is registered I wii try to enable the phone number through ATM. Hope that should work.