Amazon Pay Later: Instant Loan Up to 60,000

Amazon Pay Later offering up to Rs. 60,000 instant loan. Hassle-free instant pay later loan with easy EMI. It’s taking 2 minutes to activate. Also, don’t require any credit card for this instant loan. Activate pay later loan with minimum documents.

Amazon Pay Later Quick Recap

Interest rateNo Interest Rate for 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/ House Wife

What is Amazon Pay Later?

Amazon Pay Later is a simple way to find quick credit for EMI purchases on Amazon through a digital process. Amazon partners with IDFC First Bank for Amazon Pay Later. Just step up your Amazon account and get an instant approval for up to a 60,000 personal loan.

You can pay this loan amount within 30 days or convert it to EMI from 3 to 12 months.

Amazon Pay Later Benefits & Features

Hassle-free Loan: Amazon pay later is a hassle-free personal loan. You can apply for this loan from home. It’s taking around 2 to 10 minutes to activate.

Minimum Documents: Pay later loan available with fewer documents. You just need Aadhaar Card & Pan Card for Amazon Pay Later instant loan.

Zero Interest Charges: You don’t need to pay any interest rate for up to 30 days. If the loan amount is covert to EMI, you need to pay a minimum interest rate.

No Processing Fees: Others bank charges 2%-3% processing charge for a personal loan. But Amazon pay later loan available with Zero processing fees. You are not required to pay anything.

Easy EMI: Convert your approved loan amount to easy EMI from 3 to 12 months.

Quick Process: Don’t wait for 24 hours to get this instant loan. Just needs up to 10 minutes to get this instant loan.

Also Read: Flipkart Pay Later 

Amazon Pay Later Loan Interest Rate, Fees & Charges

Interest rateZero Interest-free up to 30 days (No Cost EMI option available)
Processing fee Nil
Late Payment FeeUp to Rs. 200
Minimum Loan Tenure30 days
Maximum Loan Tenure12 months

Amazon Pay Later Eligibility

  • The applicant must be at least 23 years old.
  • Good credit history required
  • Minimum 650 cibil scores needed.
  • You must be linked with Aadhaar Card & mobile no.
Also Know: Flipkart Pay Later EMI

Documents Required for Amazon Pay Instant Loan

To apply for an Instant Amazon Pay loan, you need the following documents:

  1. Pan Card
  2. Aadhaar Card
  3. Bank Account
  4. Personal Mobile No with Aadhaar OTP

Amazon Pay Loan Amount

Amazon pay later provides up to Rs. 60,000 personal loan. Maintain good credit history & cibil score to get a higher loan amount.

Uses of Pay Later Loan Amount

  • Pay Electricity Bill 
  • Mobile Recharge
  • Online Shopping 
  • Buy Products
  • Travel Expenses
  • Buy Movie Ticket
  • Pay Rent
  • Cab Payment
  • Gas Bill Payment
  • Buy Petrol 
  • Train Ticket Book
  • Bus Ticket Booking
Also Know: Paytm Business Loan up to 5L

How to Apply for Amazon Pay Later Loan

Follow the basic steps to apply for Amazon Pay instant loan:

Step 1 Install Amazon app from the play store. 

Step 2 Open the app & type Amazon pay later on the search bar. 

Step 3 Now you will come to Amazon Pay later sign up page. 

Step 4 Enter Pan Card No, Name & Date of birth details.

Step 5 Amazon will check your profile & check credit history.

Step 6 You will get Amazon pay later loan amount. 

Step 7 Now set auto debit repayment features to pay your EMI. Select bank & click on proceed. 

Step 8 Select debit card or net banking for auto-debit. 

Step 9 Enter the account number & click on the continue button. 

Step 10 After fill up all the banking details tick on the box and click on submit button. 

Now, you can pay the amount of buying products through Amazon Pay Later. 

Amazon Pay Later Customer Care 

You can contact Amazon Pay Later if you have any questions.

Amazon customer care: Customer Care

Capital Float Customer Service:

o Contact details: [email protected]

o Phone No: 080-68075001

  • IDFC FIRST Bank Customer Service No: 1800 419 4332

FAQs of Amazon Pay Later

How do I get quick approval for amazon pay later?

If you have a good credit history, amazon will approve your pay later application quickly.

How to check Amazon Pay Later balance?

You can check your spent amount through the Amazon app. Just go Amazon pay later tab to see the details transaction.

Can I apply for pay later loan without income proof?

Yes, you can apply for pay later instant loan without income proof. You need a pan card, Aadhaar card & Bank account to get this loan.

Is Amazon taking any interest rate for Pay later EMI?

No, you can no-cost EMI option from Amazon pay later. Check the no-cost EMI option before buying any products. If you are applicable for No cost EMI, it will show automatically.

Can I take pay later loan amount to the bank?

No, you can take this loan amount to the bank. Only you can use it for shopping & other expenses.

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