7 Best Pay Later Apps for Students

7 Best Pay Later Apps for Students
7 Best Pay Later Apps for Students

Users may shop and pay later using the buy now, pay later apps. They are the same as credit cards, only they are not necessary.

As the title suggests, these applications let users purchase products and services from shops and pay for them later. It often offers zero interest free pay later service.

Let’s take a look at the 7 Best Pay Later Apps for Students.

The 7 Best Pay Later Apps for Students

1.  Flipkart Pay Later

Trusted consumers are introduced to Flipkart’s payment plan after the fact. It’s the same of a “buy now, pay later” service. You may use your credit limit to make purchases and then pay for them later in the month. Flipkart is providing a credit line of up to Rs. 10,000.

Interest-Freeup to 30 days
Loan AmountUp to Rs. 10,000/-
Approval ProcessOnline
Eligibility Age18 years or above
Processing FeesNIL
Who Can ApplySelf-Employed/ Salaried Person/ Student/HouseWife

2. Amazon Pay Later

When making an Amazon purchase on EMI, Amazon Pay Later is a fast and easy method to be approved for credit. Amazon Pay Later is a service provided in conjunction with IDFC First Bank. A personal loan of up to 60,000 may be approved instantly if you have an Amazon account.

Interest-FreeFor 30 days
Loan AmountUp to Rs. 60,000/-
Approval ProcessOnline
Loan TenureFrom 30 days to 12 months
Eligibility AgeShould be 23 years or above
Processing FeesNIL
Who Can ApplySelf-Employed/ Salaried Person/ Student/HouseWife

3. Freecharge Pay Later

Some registered users of Freecharge may avail themselves of a monthly credit facility of up to Rs. 5,000. Simply click on Freecharge or one of its merchants/partners to pay and get up to 30 days of interest-free financing. This loan option is made available by Axis Bank, a Freecharge partner lender.

Interest-FreeUp to 30 days
Loan AmountUp to Rs. 5,000/-
Approval ProcessOnline
Loan Tenure30 days
Eligibility Age18 years or above
Processing FeesNIL
Eligible forSelf-Employed/ Salaried Person/ Student/HouseWife

4. Dhani One Freedom Card

In only a few minutes, you may get a smart and secure digital card with the Indiabulls Dhani Credit Card and set up your credit limit using the Dhani App.

This card may be used like a debit or credit card for all of your online shopping needs, and the money you spend can be paid back in simple, customizable EMIs.

Basic Components Card Details
Credit LimitUp to 5 lakh
Activation FeesRs. 500
Annual FeesRs. 500
Approval ProcessOnline
Rewards Points2% Cash Back points
Interest-FreeUp to 90 days
Eligible ForSelf Employed/ Salaried/ Student/ Housewife

5.  One Card

This is one more another kind of app-enabled credit card. The actual credit card that makes up One Card. Get this card even if your credit is poor. Additionally, there are no setup or yearly fees associated with this card.

Get 5 times the points on your top two spending categories.

Allow me to illustrate with an example: let’s say you dropped Rs. 1000 for gas, Rs. If I understand correctly, gas and movies are your two biggest expense buckets. That’s like getting a lifelong discount of 5 percent on gas and movies.

Basic Components Card Details
One Credit CardMetal Credit Card
Joining Fees NIL
Annual FeesNIL
Approval ProcessOnline
Rewards5X Rewards Points
Interest-FreeUp to 48 days
Eligible ForSelf Employed/ Salaried/ Student/ Housewife

6. Mobikwik Zip Pay Later

Over a million merchants participate in the Mobikwik ZIP buy now, pay later program, and the app allows users to make purchases with a monthly maximum of Rs. 30,000. If you’re looking for a convenient way to pay for everyday expenses like food, travel, gifts, and rent, go no further than Mobikwik ZIP.

Interest rate0%
Credit LimitUp to Rs. 30,000/-
Approval ProcessOnline
Loan Tenure15 days
Eligibility Age18 years or above
Processing FeesNIL
Eligible forSelf-Employed / Salaried Person / Student / HouseWife

7. Postpe Card

PostPe, which is operated by BharatPe, allows you to make purchases and pay for them at a later date.

The service is accessible through the iOS and Android app PostPe. It’s simple to fill out an application, and the layout is uncomplicated. When making purchases online, you may apply for a virtual credit card with a maximum limit of Rs.10 lakh. A user’s financial transactions may also be reviewed inside the app.

Interest rate0%
Credit LimitUp to Rs. 15 lakh
EMI FacilityAvailable
Approval ProcessOnline
Interest-Free30 days
Eligibility Age18 years or above
Processing FeesNIL
Eligible forSelf-Employed / Salaried Person / Student / HouseWife

Here are the top 7 apps that let you pay later, perfect for students. They’re helpful and easy for anybody to implement. However, do not spend more money than you have. Maintaining a good credit score requires prompt EMI payments. Whether or whether you were granted a credit limit was dependent on your credit rating.