Flipkart Pay Later: Instant Personal Loan Up to 70,000

Q: What is the Flipkart Pay Later maximum limit?

Flipkart offers up to Rs. 10,000 pay later loan.

Q: How to pay Flipkart to pay the later credit limit amount?

You can pay the credit limit amount through phone pe, Debit Card, or UPI transaction.

Q: When pay later bill will generate?

Pay later bill will generate on 5th every month.

Q: Can I pay the credit limit amount through EMI?

Yes, you can pay your credit limit amount through EMI. But you need to pay extra fees.

Q: How to increase the credit limit?

This facility is not available on Flipkart. Only you can use your approved credit limit.

Q: Can I cancel the product which payment is done through Pay later?

You can cancel products and payment is done through the pay later service. Deduct money will be credited automatically to your pay later account.

We all know about Flipkart. Flipkart is a big online shopping brand. You can buy 1000+ products through the Flipkart app.

Flipkart offers to buy now and pay later while you shop through Flipkart. You can get up to Rs. 10,000 credit lines through Flipkart pay later. Also, Flipkart adds the features of Flipkart Pay Later EMI.

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Flipkart Pay Later Quick Recap

Interest rate	Zero Interest-Free up to 30 days
Loan Amount	Up to Rs. 10,000/-
Approval Process	Online
Eligibility Age	18 years or above
Processing Fees	NIL
Who Can Apply	Self-Employed/ Salaried Person/ Student/HouseWife

Also Read: Amazon Pay Later

What is Flipkart Pay Later?

Flipkart pays was later introduced by Flipkart to their trusted customers. This is the buy now pay later service. You can buy products with your credit line and pay the money for the next month. Flipkart offers up to Rs. 10,000 credit lines.

Flipkart Pay Later Benefits

Check out all the benefits of Flipkart Pay later instant loan:

Zero Interest Charge: Don’t need to pay any interest for Flipkart to pay the later instant personal loan. You can use a credit limit of up to 30 days interest-free.

No Processing Charges: Flipkart offers a buy now pay later facility without any processing charges. Apply for instant pay later loan to get quick approval.

Minimum Documents Required: Submit only KYC documents like Aadhaar Card & Pan Card to get an instant personal loan.

Convert EMI: you can convert your credit limit into an EMI system. But you need to pay minimum interest for that.

Quick Process: If you apply for a Flipkart Pay Later loan, it’s taking around 30 minutes to get an approval message.

Approved Without Cibil: Don’t require any cibil score to get Flipkart to pay for later service. You can apply without any cibil score.

Instant Buy: Buy any products through Flipkart using your credit limit. Payment will process instantly.

Also Read: Navi Instant Personal Loan

Flipkart Pay Later Loan Interest Rate, Fees & Charges

Interest rate	30 days Interest-Free
Processing fee	Nil
Credit Uses Fees	Up to Rs. 1,000 >0 Charges Above Rs. 1000 > Rs. 10 Charge
Minimum Loan Tenure	30 days

Late Payment Charges

Bill Amount	Late Payment Charge
Rs 100 – Rs 500	Rs 60
Rs 501 – Rs 1000	Rs 125
Rs 1001 – Rs 2000	Rs 175
Rs 2001 – Rs 4000	Rs 300
Rs 4001 – Rs 5000	Rs 410
Rs 5000 & above	Rs 600

Partially Payment Charges

You can pay your outstanding amount through partial payment. But you need to pay an extra charge. The charges list is given below:

Carry Forward amount to next month	Convenience Fee for Partial Payment
<= Rs 500	Rs 60
Rs 501 – Rs 1000	Rs 60
Rs 1001 – Rs 2000	Rs 120
Rs 2001 – Rs 4000	Rs 240
Rs 4001 – Rs 5000	Rs 330
Rs 5000 & above	Rs 475