With the ongoing trend of buy now and pay later, you’ll never miss out on the many exciting shopping deals on offer! Whether you're looking to buy the latest iPhone or the newest smart TV, you can shop now and pay later with easy payment options. Buy now and pay later is poised to become one of the fastest growing online payment methods due to the comfort and convenience it offers. Find out how you can use it to make small and high-value transactions at multiple retailers with ease.
Why is buy now pay later working in India?
The rise of ecommerce, digital spending power and improvements in last-mile delivery have transformed the customer experience and made it easier to make purchases online. Here are many advantages of using buy now, pay later payment options:
A seamless shopping experience:
With a speedy checkout process and easy payment in just a few clicks, the shop now, pay later method is hassle-free and allows customers to make a purchase immediately without much effort. For instance, HDFC Bank FlexiPay involves no extra cost for 15 days and comes with zero extra charges. You can avail credit from Rs. 1,000 to Rs. 10,000 instantly any time of the day or night. Paying back is easier too; you can pick from 15 days to up to 90 days at nominal charges per month.
Are you looking to shop now and pay later? FlexiPay could be the perfect fit for you!
No documentation required: Since there are no pre-requisites to buy now and pay later, there are no documentation requirements or joining charges levied. Plus, with customers who are already KYC-compliant, there is no need to submit any documentation at the time of purchase. With HDFC Bank EasyEMI you have the option to pay back in parts by converting your large transaction into easy instalments. HDFC Bank EasyEMI works for both online and offline transactions and is available with HDFC Bank’s debit and credit cards. EasyEMI lets you avail EMI payment options at no extra cost, and come with flexible repayment timelines, making it ideal for your large electronics purchases.
Easy repayment tenure: Easy repayment tenures ranging from 15-30 days on an average provide great flexibility when it comes to shopping online and offline. If you have an HDFC Bank Credit Card, you can avail an interest-free repayment period of up to 50 days, great offers on online and in-store purchases and the flexibility to convert transactions into EMIs at will. HDFC Bank’s SmartEMI offers highly attractive interest rates that are among the lowest in the market. HDFC Bank SmartEMI offers a repayment tenure ranging from 6 months to 24 months.
Don’t have a Credit Card? Here’s how FlexiPay can help you buy now and pay later.
With SmartEMI, you can easily convert transactions on insurance, groceries, medicines, fuel, utilities, shopping, education, electronics and travel making your purchases more affordable.
*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Loans and Credit Card approvals at the sole discretion of HDFC Bank limited. Loans and Credit Card approvals is subject to documentation and verification as per Banks requirement.