How To Apply For Zero Interest Credit Amazon Pay Later
Amazon Pay Later Detailed Description:-
To Revive Falling in Counting Number Of Sales Amazon Has Collaborated With Some Banks In India To Provide Its Privileged Users Zero Interest Credit Limit Upto Rs 60,000. But Company Is Expected To Roll Out This Feature For Everyone Soon.
Amazon Will Go Through Its System Check, Criteria And Eligibility Test IN Order To Fulfill Entire Eligibility Pattern.
This Service Will Allow Amazon Customer A Completely Zero Interest Credit On Any Of The Product Listed On Amazon And Even On Amazon Pay Such as Gas Bill, Telephone Bill, Prepaid Recharges, Piped Gas Bill However People Will Not Be Eligible To Buy Gold, Silver Or Precious Jewellery As Their Price Goes Up And Down Everyday.
Things You Need Handy:-
- You Must Have Your Pan (Permanent Account Number) Card Number.
- Aadhaar Card Number
- Register Mobile Number On Aadhaar Card
- You Will See 2 Options Before You Avail Amazon Pay Later Account, 1. Existing KYC & 2. Opt Based E-KYC
How To Register / Apply, Here Is Everything You Need To Know:-
Pay Later Is Solely Purposes For Consumer To Otp For Credit Limit To Pay Monthly Utility & Essentials Services Bills During The Lockdown. Here Is The Step To Step Complete Guidance To Pay Later Process. User Can Not Transfer Funds To Amazon Pay Or Can Not Even Buy Amazon Gift Card Using Amazon Pay Later Credits.
Firstly You Need To Open Your Amazon.in APP.
There Would Be 2 Options To Complete Your KYC
1.) Existing KYC & 2.) E-KYC (otp Based).
How To Activate Amazon Pay Later Account:-
As Mentioned Above There Would Be 2 Modes Of KYC Completion.
Method 1 = If You Opt for Existing KYC, Then Read Below Method Step By Step
1.) Verify Your Identity.
2.) Enter 4 Missing PAN Number In App.
3.) Click On Submit Button & Your Entire Profile Will Be Evaluated.
4.) Zero Interest Credit Limit Will Be Examined Based On Your Transaction History On Experian.
5.) On Next Screen Accept Terms & Conditions.
6.) Your Approved Credit Limit Will Be Shown On Next Screen After Completing Amazon Pay Later Registration.
Method 2 = If You Opt for E-KYC, Then Read Below Method Step By Step
1.) Verify Your Identity.
2.) Enter Your PAN & Continue
3.) Put Your Aadhaar Card Number And Continue
4.) Verify With An OTP Received
5.) after Clicking On Submit Button An Application Will Run And Evaluate Your Limit
6.) Everything Goes According To Plan Then You Will See Your Credit Limit On Next Screen.
How To Pay Dues Of Amazon Pay Later Account:
If you Have Reach Your Limit To Buy Anything On Amazon Minimum Rs 3,000 Then You Will Be 3 Months To To Pay In EMIs If You Avail For 6,000 , You Will Get Rs 6 Months To Re-Pay.
User Can Also Select To Pay In Between 9 Months And 12 Months For Repayment. Using EMI Option Will Charge Be Accordingly.
How To Use Amazon Pay EMI?
Now That You Are Ready To Use EMI Please Use The Following Few Simple Steps To Avail EMI On Your Favorite Products.
- Search For Product You Want To Buy And Check For EMI Eligibility.
- Discover All EMI Options On The Product
- Select EMI option on payment page during checkout
- Choose the preferred EMi Plan on payment
While Making Payment Make Amazon Pay Balance should Be Unchecked On Payment Selection Page
Pay Later Account Needs to have sufficient limit to cover for the product.