How to Shop at 0% EMI on Flipkart?
Do you often find yourself surfing the internet and looking at stylish furniture with your thumb hovering over the “Buy Now” button? Or maybe you’re a gamer who really wants to own a computer to upgrade your gaming station, just like your favourite streamers?
While you wait for your Diwali bonus, these items sit on your wishlist, waiting for you to claim them. Because credit cards levy high interest and you’re in the mood to burn a huge hole in your pocket.
What if you could buy all the items on your wishlist and had to pay 0% interest while paying a tiny amount each year?
Well, it must be your lucky year because every geek and self-taught interior designer’s favourite store, Flipkart, has launched its Buy Now Pay Later services.
How to get Flipkart’s Buy Now Pay Later Services?
Applying for Flipkart’s Buy Now Pay Later service is super easy and simple.
All you have to do is follow these steps to get credit for your next shopping spree:
Step 1: To use CASHe’s products, you must first download the CASHe app.
Step 2: After downloading the app, you have to create your profile on the app. You will be asked to provide your details like name, birth date, Pincode, city etc.
Step 3: When you open CASHe’s app, you will notice a shopping icon on the home page. Click on that icon, and all the shopping BNPL services will be on your screen.
Step 4: Click on Flipkart’s logo and the app will show you Flipkart’s BNPL options.
Step 5: Choose your loan amount, loan term, and EMI option.
Step 6: After selecting your loan details, CASHe will show you an overview of your loan details. At this stage, in case of a change of plans, you can make the changes before confirming the details.
After hitting “Confirm Details” your details will be verified and soon your loan will be approved.
How to redeem your Flipkart gift cards?
After verifying your details, CASHe will approve your loan and disburse the loan amount as Flipkart gift cards that you can use while shopping.
Here’s a breakdown of how to redeem the Flipkart gift cards:
When shopping, you can use the Flipkart website or app, fill up your cart with your favourite items, and proceed to check out.
At checkout, you will get an option to enter a promo code and bank offers. Enter the promo code voucher provided by CASHe.
Then proceed to make the payment by using your preferred payment option. It’s that simple!
Flipkart’s Buy Now Pay Later Options
For Flipkart, CASHe provides two Buy Now Pay Later options:
1. 90-Day Loan Duration
If you choose the 90-day loan term, you will get 3 payments of 30 days each. Additionally, you eliminate your balance without paying interest. But late penalties will be assessed if you skip a payment.
You can borrow a minimum amount of Rs 1,000 and a maximum amount of Rs 60,000 in total.
2. 180-day term of the loan
You will have 6 30-day instalments and an interest-free grace period if you choose a 180-day loan term.
The least you may borrow is Rs 6,000, and the maximum loan amount is Rs 60,000
Flipkart offers a wide range of products and has great deals you don’t want to miss out on! CASHe fulfils your wish of owning that laptop you’ve been eyeing for ages or that sofa you saw in a magazine, which will add a touch of elegance to your home. With CASHe, you can Flip your kart and get amazing gadgets that you’ve always wanted right on your doorstep. While you only need to pay back the money that was borrowed in pocket-friendly EMIs.
As mentioned above, CASHe’s two payment options are 90 days at 0% interest per month or 180 days at 0.75% interest per month. You can pick the alternative that best fits your requirements and repayment plan.
After deciding on your repayment plan, you have the option of repaying your loan via auto-debit or by utilising NEFT, IMPS, or UPI.