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Flipkart Launches Cardless Credit Facility: Flipkart Gives Buyers an Instant Credit Line Up to Rs. 60,000

Flipkart Launches Cardless Credit Facility
Flipkart Launches Cardless Credit Facility

The Flipkart has launched a new payment option i.e. Cardless Credit Facility with the limit up to Rs 60,000. The Amazon has also launched the similar payment option recently i.e. Amazon Pay EMI credit option and the Flipkart & Amazon both offer instant credit lines up to Rs. 60,000.  Through this article, you will get the complete details on Flipkart Launches Cardless Credit Facility i.e. Flipkart Gives Buyers an Instant Credit Line Up to Rs. 60,000 and much more.

Flipkart Launches Cardless Credit Facility

The process to apply for an instant credit line up to Rs. 60,000 takes only 60 seconds. The amount of Flipkart’s credit amount awarded is based on the customer behavior on Flipkart. The Flipkart is a private limited Indian electronic commerce company which is based in Bengaluru, India.

The Flipkart private limited company is founded by Sachin Bansal and Binny Bansal in 2007. You can get the instant amount up to Rs 60,000 in your Flipkart account and can shop and repay in easy installments. People can buy all the items except gold and jewellery by using this payment mode i.e. Flipkart Cardless Credit Payment System.

In case of late repayment of the loan amount, you need to pay the late fee of maximum Rs 200. The late fee of the loan could also be 2.5% of the total loaned amount. To know more about the Flipkart Launches Cardless Credit Facility you should scroll below the article.

Flipkart Gives Buyers Instant Credit Up To Rs 60000

The Flipkart’s new feature i.e. Flipkart Cardless Credit payment system gives customers access to an instant credit line of Rs 60,000 and the buyers will be able to repay the amount either as EMIs or through the one-time payment by the 15th of the month after purchase. The information about the Flipkart Cardless Credit can be found on its mobile application and there is no processing fee. The Flipkart has also planned to launch the various insurance products over the coming next six months.

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