Titled "Pakizah", the collection is an ode to Indian designs with contemporary twist.
Saiyami is set to make her Bollywood debut with director Rakeysh Omprakash Mehra's "Mirziya". The film also marks the big screen debut of actor Anil Kapoor's son Harshvardhan.
Talking about her latest collection, Payal said her collection focuses on clean and minimalistic cuts in fabrics like silk, raw silk.
"Islamic art and architecture has always had a lasting impact on my work but I have forgone an ornate approach in favour of one that highlights the purity of good old design. The focus is on bringing out the timeless quality of simplicity," Payal said.