These days Buy Now Pay Later (BNPL) apps offer up to a 5 lakhs credit limit. You can get this pay-later loan with minimum documents.
You don’t have to pay interest or other charges to use this credit limit. If you pay the money on time, you don’t need to pay a late fee.
There are 1,000 apps offering BNPL service. But you have to pick the trusted one. We are covering the 5 best buy now pay later apps in India. These all are trusted & offering up to a 5 lakh credit limit.
The 5 Best Buy Now Pay Later Apps in India
In the below list, you will get the 5 best buy now pay later apps in India:
1. Paytm Postpaid
Paytm Postpaid is offering a buy now pay later service. You can get up to Rs. 60,000 credit limit. This is an interest-free loan.
The process is online & KYC documents will require to get the loan. The loan will approve within 30 minutes.
Also, you will get other facilities like checking credit scores, paying bills, recharging your mobile & more.
Features of Paytm Postpaid
- Online Process
- Apply for a loan without income proof
- No activation charges
- Up to 30 days interest-free
- Minimum documents required
- 5 lakhs merchant accept online payment
| Credit Limit | Up To Rs. 60,000 |
| Interest Rate | 0% up to 30 days |
| Application process | Online |
| Age Required | 18 – 60 year |
| Income Required | NIL |
| Late Payment | Up to Rs. 500 |
| Eligible For | Self-Employed / Salaried Person / Student |
Also Read: Personal Loan for Minimum Salary 13000
2. One Card
You will get up to a 2 lakh credit limit through One Card. Also, users may get 5X reward points for spending this credit limit.
No joining fees require. One Card is offering the metal card. The card looks different from another normal card.
You can apply for One Card without income proof. The process is fast & 100% online.
Features of One Card
- Up to 2 lakh credit limit
- 5X rewards point available
- No joining charges
- 48 days interest-free
- No annual charges
| Credit Limit | Up To 2 lakh |
| One Card | Metal Credit Card |
| Joining Fees | NIL |
| Annual Fees | NIL |
| Approval Process | Online |
| Rewards | 5X Rewards Points |
| Interest-Free Period | Up to 48 days |
| Eligible For | Self Employed/ Salaried/ Student/ Housewife |
3. Simpl Pay Later
Simpl is another best buy now pay later service. This application provides up to Rs. 25,000 credit limit. Simpl pay later accepts more than 23,000 merchants.
This is an interest-free credit limit of up to 15 days. Pay the credit limit on time to avoid a late charge.
Simpl pay later and increase the credit limit from time to time. Also, you can convert the credit limit to EMI.
Features of Simpl Pay Later
- 15 days interest-free
- No income proof required
- No joining charges
- Online process
- Convert to EMI
| Credit Limit | Up To 25,000 |
| Joining Fee | Zero |
| Billing Cycle | 15th of Every Month |
| Age Required | 18 – 60 year |
| Income Required | NIL |
| Late Fee | Applicable |
| Eligible For | Self-Employed / Salaried Person / Student |
4. Flipkart Pay Later
Flipkart is offering up to a 1 lakh credit limit. You can use a credit limit for Flipkart shopping. Get the approval within 30 minutes. The minimum KYC documents will need to apply.
The user can convert the credit limit to EMI. Apply for Flipkart pay later without income proof. The process is 100% digital.
Features of Flipkart Pay Later
- Fast Approval
- Online Process
- Minimum documents required
- Zero processing fee
- No hidden charge
| Credit Limit | Up to Rs. 1 Lakh |
| Interest rate | 18% to 22% of the loan amount |
| Approval Process | Online |
| Flexible Tenure | 3/6/9/12 months |
| Income Proof | Not Required |
| Processing Fees | NIL |
| Eligible for | Self-employed/ Salaried/ Student/ Housewife |
Also Read: How to get business loan up to 30 lakh
5. LazyPay
LazyPay is one of the best buy now pay later services. You can get up to 1 lakh instant loan from LazyPay. The loan tenure is 3 to 24 months. The minimum KYC documents are enough to apply.
Within 30 minutes, you will get the loan. Use the amount for online shopping.
LazyPay is taking a 2% processing charge. No other hidden charges include.
Features of LazyPay
- Higher credit limit
- Collateral free loan
- Minimum documents
- Online process
- Flexible tenure
| Interest rate | 18% to 25% per annum |
| Loan Amount | From 10,000 to 1 lakh |
| Income Required | Yes |
| Loan Tenure | 3 months to 24 months |
| Eligibility Age | 22 years to 55 years |
| Processing Fees | 2% + GST |
| Eligible For | Salaried Person / Self Employed |
Conclusion
We cover the 5 best buy now pay later apps in India. These all applications are trusted. You can apply for a loan with KYC documents. Before applying, check out the details eligibility criteria.
Still, have you any questions?
Tell us through comments. We will defiantly try to solve your queries.
FAQs on Buy Now Pay Later
Can I apply for buy now and pay later without income proof?
We provide the apps that are offering BNPL service without income proof.
How much amount available through BNPL?
You can get up to a 2 lakh credit limit through BNPL(Buy Now Pay Later) service.
Can I convert the credit limit to EMI?
Some application like Flipkart, Paytm, and One Card provides EMI facility on the credit limit.
Does credit score affect pay later service?
Credit scores play an important role in pay later service. If you pay money on time, your credit score will improve. But if you fail to pay, your credit score defiantly impact you.