Amazon Pay Later: Get Credit Limit Upto Rs 60000, Buy Now & Pay Next Month or in EMI

Divya RajputOctober 12, 2022

5 minutes read

Amazon Pay Later: Get Credit Limit Upto Rs 60000, Buy Now & Pay Next Month or in EMI

Table of Contents

Offer Details

Get Credit Limit Up to Rs. 60000 with Amazon Pay Later. For a limited number of consumers, Amazon India has launched a Pay Later option. With this service, you can either pay in full now or in low-interest instalments for any purchases you make next month. Open the Amazon app, navigate to the Amazon Pay section, and scroll down to the “Amazon Pay Later” banner to verify the offer’s eligibility. Complete the Instant KYC process by clicking that.

How to Avail this offer?

Signup or Login to your GoPaisa account
Click on ‘Grab deal’ button
You’ll be redirected to Amazon offer page
Download Amazon App and Login
Go to Amazon Pay Section
Scroll Down and See the Amazon pay later banner
Click on that and proceed to eKYC verification
Your credit limit will shown
Start shopping using the Amazon pay later option
Pay your bill at 0% interest in Next month or in EMI at low interest charges

Apply for Amazon Pay Later and Get Credit Limit Up to Rs. 60000 – Also Get Flat Rs.200 Amazon Pay Cashback for Selected Users

We constantly desire more in this rapidly expanding world with its endless variety, yet we are constrained in what we can acquire due to our limited financial resources. Therefore, the idea of EMI—where you can “purchase now and pay later”—came into existence. Even after all these years, many clients are still unfamiliar with the idea since they find the procedure to be cumbersome and unreliable. In order to better serve its Indian consumers, Amazon Pay has developed a new credit option called Amazon Pay Later.

Customers can purchase any of the products featured on Amazon India with quick credit at 0% interest by using the Amazon Pay Later payment option. Customers have up to 12 months to pay back the money in monthly instalments. The US has had access to this rebranded version of Amazon Pay EMI since 2018. With the new service, you can nearly always get credit right away for items that are listed on the site and you can also get credit for groceries and energy bills.

There are currently 3, 6, 9 and 12 month EMI plans available on Amazon Pay Later. Between Rs. 1 and Rs. 60,000 can be the credit limit for purchases. Additionally, clients might pay at a later date the following month. The payment page during checkout will show the applicable plans for your purchase. Before using Amazon Pay Later, let’s first clarify what the service genuinely is.

What is Amazon Pay Later?

You can use the Amazon Pay Later option to earn fast credit for purchases made on Amazon India using EMI. The process is entirely digital. You don’t need to give credit card information to complete the one-time setup process, which shouldn’t take longer than 2 minutes, in order to use the Amazon Pay Later payment option.

When the setup is finished, you will be able to use the Amazon Pay Later payment option on Amazon.in during checkout and pay later that month or through EMIs that last between three and twelve months. From a condensed dashboard for this payment method, you can simply keep track of your purchases, repayments, and restrictions history. Amazon Pay (India) Private Limited (“Amazon”) and Capital Float, a third-party lending partner, are providing you with this simple payment

Why choose Amazon Pay Later?

Amazon Pay Later is a hassle-free payment option which comes with several benefits listed below:

Pay next month at 0% interest or pay in 3 to 12 month EMIs

Get credit up to Rs. 60,000
No credit card needed
Set-up automatic payments

Is Amazon Pay Later same as Amazon Pay EMI?

Yes, both are same. Amazon Pay EMI has been rebranded to Amazon Pay Later.

What are the key benefits of Amazon Pay Later offer?

Get an 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 website using Amazon Pay Later payment option.
Simplified tracking of expenses and repayments on the EMI specific dashboard

Eligibility criteria to avail Amazon Pay Later Offer

You will be eligible for Amazon Pay Later payment option only if you pass the following eligibility criteria. The eligibility criteria to avail Amazon Pay Later offer is:

An Amazon.in account with a verified mobile number

A valid PAN card
Bank account
Officially valid document as address proof (Driving license, Voter ID card, Aadhaar, Utility Bills (not older than 60 days), Passport)
Your age must be 23 years or above

Further eligibility is decided based on information already available with Amazon and your credit bureau history. Based on these and a host of other factors, the lending partner will decide the Amazon Pay Later limit for you.

How can I avail Amazon Pay Later offer?

Follow these simple steps to avail Amazon Pay Later offer.

Visit GoPaisa and log in (if you are an existing user; if you are a new user sign up on the website for free and start earning rewards on all your purchases thereafter).
Once you logged in, click and type Amazon Pay Later Offer in the Search Bar.
Once you reach on the Amazon Pay Later page, Click on the ‘Apply Now’ button to activate the offer.
Now you’ll be redirected to Amazon Pay Later offer page
Download Amazon App and Login
Go to Amazon Pay Section
Scroll Down and See the Amazon pay later banner
Click on that and proceed to eKYC verification
Your credit limit will shown
Start shopping using the Amazon pay later option
Pay your bill at 0% interest in Next month or in EMI at low interest charges

Is PAN Card mandatory for eKYC?

Complete Know Your Customer (KYC) checks require a PAN number. Without a PAN, you won’t be able to finish the registration process and hence won’t be able to use Amazon Pay Later.

What are the reasons when my Amazon Pay Later registration declined / rejected?

These are the probable reasons for decline / rejection for the Amazon Pay Later registration:

If you didn’t accept the final loan agreement post generation of limit under Amazon Pay Later. It is mandatory to accept the final agreement, so read and accept the agreement to complete Amazon Pay Later registration.
When you are currently not eligible to avail Amazon Pay Later as per the relevant and applicable terms and conditions and/or internal policies of Amazon lending partner.
Your Know Your Customer (KYC) document verification failed

If your Amazon Pay Later registration form declined or rejected, you can retry registration process from Amazon Pay Dashboard, on your Amazon.in mobile app/mobile browser

Amazon Pay Later Offer – Terms & Conditions

The following terms and conditions apply to all purchases made on Amazon.in using the Amazon Pay Later payment option:- Amazon Pay Later is a payment method that is only available to a small group of customers (website or mobile app). Only some products or services on Amazon.in may offer the Amazon Pay Later option. The following items are not eligible for the Amazon Pay Later payment option: