ePayLater - Get Instant Credit 5.1.85

Introducing ePayLater, a convenient credit solution that allows you to buy now and pay later. With ePayLater, you can access credit up to INR 25 Lakh at 0% interest for a period of 14 – 30 days, with no processing fees. This service is perfect for retailers looking to purchase high-quality products for their stores while enjoying the flexibility of deferred payments.

So how does ePayLater work? It's simple and user-friendly. Just download the app, provide your details, and receive immediate credit approval ranging from INR 25,000 to INR ₹25 lakhs. Once your credit limit is approved, you can use it to pay for products purchased within a year. Repayment can be made within a minimum of 0 days and a maximum of 30 days, depending on the merchant*

If you utilize less than your approved credit limit, any remaining amount can be used for future purchases. After repaying the borrowed amount, your credit limit will be restored and available for use again with partner merchants.

Let's take a look at an example:

• Credit limit used: INR 1,00,000
• If repayment is made within the interest-free period (14 - 30 days):
• • Interest charges: 0
  • Other charges: 0
  • Total payment: INR 1,00,000
• If repayment is made on the 45th day:
• • Interest charges (APR 36% p.a.): INR 450
  • Other charges (1% of the principal amount): Bounce charges INR 100 + GST
  • Total payment: INR 1,00,550 + GST

ePayLater also offers a purchase finance program that allows you to pay for invoices using your approved credit limit and pay later with an APR of 28% p.a. The repayment period ranges from a minimum of 7 days to a maximum of 90 days.

Key Features:

• Get Instant Credit: ePayLater empowers small businesses with an instant revolving line of credit to overcome short-term liquidity shortages and meet financial requirements.
• PAN India Credit Network: You can use ePayLater to buy products from any partner merchant nationwide, including local distributors.
• Increase Profitability: Retailers can choose the best products at the best prices across all sales channels, physical or digital, and increase profitability.
• Secure: Transactions are managed effortlessly with the utmost level of security.
• Rewards: Earn rewards on transactions with ePayLater and enjoy exciting offers.

Privacy Policy: We collect personal information and data from users in conjunction with app usage for the purpose of onboarding as a customer. For more information, please refer to our detailed Privacy Policy here.

Benefits of Using ePayLater:

• Get instant credit up to 25 lakhs
• Interest-free period for 14 - 30 days
• No hidden charges
• No processing fees or set-up costs
• Source products in bulk at the best prices nationwide
• Higher approval rates
• Ease of transactions with top merchants
• Effortless handling of returns and cancellations

Declaration: ePayLater is a platform that facilitates a revolving credit line provided by registered NBFCs to users as per their requirements.

Partner NBFCs:

• Muthoot Finance - link
• Arthashastra Epaylater Financial Private Limited - link
• SMFG India Credit Company Ltd. - link
• Piramal Capital & Housing Finance Limited - link
• Samunnati Financial Intermediation & Services Private Limited
• Caspian Impact Investments Private Limited