Simpl Pay Later

Simpl Pay Later: UP To 25,000 Instant Credit

Simpl Pay Later is an online shopping-based payment app. You can use buy now pay later features through Simpl Pay Later. More than 23,000+ merchants are connected with Simpl Pay Later.

You can get up to Rs. 25,000 instant credit line. Use this credit line to pay bills, do online shopping & more. Pay your spending money after 15 days or convert it to EMI.

Simpl Pay Later Quick Recap

Credit LimitUp To 25,000
Joining FeeZero
Billing Cycle15th of Every Month
Age Required18 – 60 year
Income RequiredNIL
Late FeeApplicable
Eligible ForSelf-Employed / Salaried Person / Student

Benefits of Simpl Pay Later Loan

Fast Approval: You will get the fast loan approval within 30 minutes. The process is online.

Interest-Free: The approval credit limit is interest-free for up to 15 days every month. Pay your spending amount after 15 days to avoid late charges.

No Income Required: You can get the credit limit without income proof.

Minimum Documents: The minimum documents will require applying for Simpl Pay Later. Your basic KYC documents will need.

Digital Process: The process is 100% digital. You can apply anywhere.

Exciting Offers: Simpl Pay Later provides different offers & cashback. You will get exciting offers by using this pay-later feature.

Hassle-Free Payment: This hassle-free payment application. Pay on different merchants through one click.

Convert to EMI: You can convert your spending credit limit to 3 EMI.

Also Read: Flipkart Pay Later EMI

Simpl Pay Later Eligibility Criteria

Just fulfill the basic criteria to apply for Simpl Pay Later Loan:

  • Indian Citizenship
  • The applicant’s age should be 18 years or above
  • Aadhaar-linked mobile number

Documents Required for Simpl Pay Later

  • Aadhaar Card
  • Pan Card
  • Active Bank Account

Simpl Pay Later Interest Rate

Interest RateNIL
Billing Cycle15th of Every Month
Convert to EMIPay –in- 3 EMI

Simpl Pay Later Charges

If you cannot pay spending money, you have to pay extra charges. Check the below list to know more:

Billing  Amount (0 > to <=500)Rs 25 Charges
Billing Amount (500 > to <=1000)Rs 50 Charges
Billing Amount (1000 > to <=2500)Rs 100 Charges
Billing Amount (2500 > to <=7500)Rs 250 Charges
Billing Amount (more than 7500) Rs 600 Charges

How to Apply for Simpl Pay Later Loan

Step 1: Click on the “Simpl Pay Later” button.

Step 2: Enter your mobile number & verify through OTP.

Step 3: Fill in the basic details

Step 4: Upload Pan Card & Aadhaar Card

Step 5: Get your eligibility credit limit.

Now you can use credit limits for your needs.

Also Read: Paytm Postpaid Loan

Simpl Pay Later Customer Care

Contact Simpl Pay Later customer care in a different way. Customer care connects you as quickly as possible.

Chat with us: You can contact customer care through “Chat with us” from simpl Pay Later App or Website.

Email ID: [email protected].

FAQs on Simpl Pay Later

Is Simpl Pay Later safe to use?

Simpl Pay Later is a trusted application. This is secure for making payments & this app is connected with 23,000+ merchants.

Is Simpl Pay Later charge a late payment fee?

Simpl Pay Later charges a late fee which is not higher than Rs. 600. To avoid late payment charges, make payment earlier.

Is Simpl Pay Later interest-free?

You can make payments through 3 interest-free EMI.

Can I transfer money from Simpl Pay Later to my bank account?

You can transfer money from your pay later wallet to your bank account using the Paytm rent payment or FasTag option.

Can I increase the pay later credit limit?

If you are a trustworthy customer & pay the credit limit amount on time, a lender will increase your credit limit.

Leave a Comment

Your email address will not be published. Required fields are marked *