With Amazon Pay Later, you will be able to pay up to 20,000 rupees at a time. In this, you will also get the facility of zero cost EMI. At the same time, for 12 months, you will be able to get credit at the rate of only 2 percent.
New Delhi Amazon has launched Amazon Pay Later in India on Wednesday. This special Mini Credit Service of Amazon was previously owned by only a few users, but now the company has introduced it for users on a large scale. It is now expected that this credit service of Amazon will help the common people to manage their monthly expenses.
Even before this, EMI service was started on Amazon in the year 2018. Now the company will provide instant credit at zero interest rate to the customers. After this facility of the company, customers will now be able to pay from grocery, electronics, clothes to utility bills . The company will be able to use it to buy any item from Amazon’s website.
This e-commerce website has partnered with Amazon Partners with Capital Float for this service. With the help of Amazon Pay Letter, you can get Amazon Pay Later Credit Limit at a time. In this, you can take a credit ranging from a minimum of Rs 1 to a maximum of Rs 60,000.
the help of this service, you can make a purchase and pay it next month. If you do this, you will be able to spend a maximum of Rs 10,000. At the same time, you will be able to spend up to 60,000 rupees on EMI facility of 3 to 12 months.
In such a situation, if you want to buy an air conditioner after lockdown, then you will be able to avail this service. In the next 6 to 12 months, you will continue to pay for it. The company said that interest will have to be paid at a very low rate on this credit service . For 12 months, you will have to pay interest at a nominal rate of 1.5% to 2% on it.