If you love shopping, Paytail is one of the best options for you. Paytail is a No Cost EMI features that you can easily convert your shopping cost to EMI. Paytail provides up to Rs. 2 lakhs instant credit line. You can pay the credit line within 3 months without paying interest.
Paytail No Cost EMI connected with 60,000+ offline stores in India.
Paytail No Cost EMI Quick Recap
| Credit Limit | Interest-Free |
| Interest Rate | 0% to 25% APR |
| Approval Process | Online |
| Interest Free | Up To 3 months |
| Loan Tenure | 3 months to 18 months |
| Joining Fees | NIL |
| Processing Fees | NIL |
| Eligible For | Self-employed/ Salaried/ Student/ Housewife |
Benefits of Paytail No Cost EMI
Credit Limit: Paytail provides up to 2 lakhs instant credit limit. The credit limit will approve after the eligibility check.
Convert To EMI: Easily convert your shopping expenses with EMI. Paytail is offering up to 18 months of loan tenure options.
No Cost EMI: You can use Paytail with 3 months no cost EMI features. No Cost EMI means you don’t need to pay interest for EMI.
No Joining Fees: Paytail is zero joining fees. You can use Paytail without pay joining or other charges.
Fast Approval: You will get fast loan approval to use the credit limit. Paytail provides fast loan approval features.
60,000+ Retailers: Paytail is connected with 60,000+ offline retailers. You can use Paytail without hassle.
Eligibility Criteria for Paytail Credit Limit
The eligibility criteria are simple. Follow the basic criteria on the below list:
- Indian Citizenship required
- Credit Score: 730+ need
- Applicant should be a source of income
Paytail No Cost EMI Interest & Charges
| Interest Rate | 0% to 25% APR |
| Interest Free Period | Up To 3 months |
| Loan Tenure | 3 months to 18 months |
| Joining Fees | NIL |
| Processing Fees | NIL |
| Applicable Fees | NIL |
| Late Charges | Decided by Lender |
Documents Required for Paytail Loan
Provide the minimal documents for the Paytail shopping loan. Keep in front the following documents:
- Address Proof (Aadhaar Card/ Passport/ Voter Card)
- Identity Proof (Pan Card)
- Active Bank Account
- Selfie Photo of Customer
How to Apply for Paytail No Cost EMI
It will just take 30 seconds to get the Paytail credit limit approval. Just follow the steps below:
Step 1: Download the application from the “Paytail Loan” tab.
Step 2: Install the app & enter your phone number
Step 3: Verity the Paytail app through OTP.
Step 4: Now, enter your pan card number & email id.
Step 5: Paytail checks your loan eligibility & gives you approval.
Step 6: Give your selfie photo and enter basic details.
Step 7: Now, scan through the Paytail QR code & make the payment easily
Also Read: Slice Credit Card
Paytail Loan Customer Care
For any concerns, you can feel free to contact Paytail customer care.
Official Email ID: [email protected]
Customer Care Number: 8880-200-500
Office Address:
5th Floor, Unitech Commercial Tower 2,
Greenwoods City, BlockB, Sector 45,
Gurgaon, Haryana, 122003
FAQs on Paytail No Cost EMI
Is Paytail safe to use?
Paytail is a 100% safe & trusted company. The company is funded by Cholamandalam.
How much credit limit Paytail offers?
Paytail is offering up to Rs. 2 lakh credit limit.
Can students apply for Paytail No Cost EMI?
You can use a Paytail shopping loan as a student. But some basic criteria like good credit score, pan card, Aadhaar Card & active bank account are required.
What is the Paytail interest rate?
The paytail interest rate is 0% to 25% per annum. If you choose 3 months EMI then you come under the No Cost EMI section.