What is Amazon Pay Later?
Amazon Pay Later is the hassle-free way to get instant credit, via a completely digital process, for purchases using EMI on Amazon.in. You have to complete the one-time setup process, which should not take more than 2 minutes and does not require you to provide credit card details.
Once the setup is complete, you can avail Amazon Pay Later payment option during checkout on Amazon.in, and pay later next month or over EMIs ranging from 3 to 12 months. You can easily track your purchases, repayments, and limits history from a simplified dashboard for this payment mode. Amazon Pay Later is offered to you by Amazon Pay (India) Private Limited ("Amazon") in partnership with one of its third-party lending partners - axio or IDFC FIRST Bank.
What are the key benefits of Amazon Pay Later?
Get instant decision on your credit limit by the lender
Credit card details not required
No processing or cancellation fee
No pre-closure charges
Seamless checkout on Amazon.in using Amazon Pay Later payment option
Simplified tracking of expenses and repayments on the EMI specific dashboard
What are the eligibility criteria to avail Amazon Pay Later?
You need to have an Amazon.in account with a verified mobile number, a valid permanent account number (PAN) card, bank account with one of the selected banks, and one of the officially valid document as address proof - Driving license, Voter ID card, Aadhaar, Utility Bills (not older than 60 days), Passport. You must be 23 years of age or above Further, eligibility is decided basis information already available with Amazon and your credit bureau history. Based on these and a host of other factors, lending partner will decide the Amazon Pay Later limit for you.
With Amazon Pay Later you can get instant credit, via a completely digital process, for purchases using EMI on Amazon.in. During checkout, you can use Amazon Pay Later to pay later next month or over EMIs ranging from 3 to 12 months.
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