If you are someone who frequently shops online, then you must be aware of all the popular shopping platforms, including Flipkart. The app allows you to purchase items and pay for them at a later time. You don't need to use cash on delivery or wait for OTPs anymore. Flipkart Pay Later lets you check out with one click. You can borrow up to ₹1 lakh and buy whatever you want easily. You can pay in instalments or next month. 

Flipkart's Pay Later makes online shopping easy and convenient. You can shop affordably with Debit Card EMI, No Cost EMI, and Buyback Guarantee. Loyal customers are shortlisted to enjoy this service, and more customers are becoming eligible every month. 

What is Flipkart Pay Later? 

Flipkart Pay Later is a way to shop on Flipkart without paying the full price upfront. You can either pay the whole amount by the 5th of the next month or choose to pay it back in small, interest-free instalments. 

To use it: 

  1. You need to have a Flipkart account. 
  2. You'll need to verify your ID (PAN and Aadhaar) and bank details. 

How it works: 

  • When you finish shopping, select "Pay Later." 

  • You can decide to pay it all at once next month or in instalments. 

  • If you pay it all at once, there's no interest. 

  • If you choose instalments, there's a small fee. 

Flipkart Pay Later Eligibility 

In order to use Flipkart Pay Later, you have to: 

  • Live in India. 

  • Be at least 18 years old. 

  • Have a PAN and Aadhaar card. 

  • Have a bank account in your name. 

  • Have a good credit history (no late payments on other loans). 

How to apply: 

  • Go to the Flipkart website or app. 

  • Apply online. 

After applying: 

  • Flipkart will check if you qualify. 

  • If you do, you can start using Pay Later to shop on Flipkart. 

How is it Useful For You? 

  • Credit Limit: You can borrow up to ₹1 lakh to buy things on Flipkart. Pay it back next month or in 12 instalments. 

  • Quick Buying: Buy products easily with just a few clicks. No need to fill out lots of details. 

  • Combined Payments: Buy multiple things at once and pay for them all later. 

Major Benefits of Flipkart Pay Later 

Flipkart Pay Later is a cashless, paperless payment option with no maintenance fees. It's easy to use and offers many benefits. 

You'll get an instant refund if you cancel your order or return a product. There are no interest fees or account maintenance fees, making it a better option than credit cards. You can pay back using any online payment method, including credit cards. 

  • Convenience: Shop now, pay later. 

  • Flexibility: Pay in full by the 5th of next month or enjoy interest-free EMIs. 

  • No hidden charges: No extra fees. 

  • Rewards: Earn gift cards for using Flipkart Pay Later. 

  • Security: Your information is safe with Flipkart. 

  • Try Before You Buy: Test products before paying. 

  • Combine Orders: Pay for multiple purchases together. 

  • Quick Payments: Pay easily with one click. 

  • Reliable Service: Enjoy always successful payments. 

Who Can Use Flipkart Pay Later 

If you: 

  • Don't have cash ready when buying on Flipkart. 

  • Don't want to deal with authentication codes for payments. 

Then Flipkart Pay Later is for you. 

How it works: 

  • Buy something on Flipkart. 

  • Get it delivered. 

  • Use it. 

  • Pay for it next month. 

It's easy to use, no matter how many cards you have. 

Simple Steps to Activate Flipkart Pay Later 

  1. Go to the Flipkart website or app. 

  2. Click on "My Account." 

  3. Click on "Flipkart Pay Later." 

  4. Click "Activate." 

  5. Enter your PAN and Aadhaar card details. 

  6. Verify your Aadhaar with OTP. 

  7. Authenticate your bank account. 

  8. Your Flipkart Pay Later will be activated once its lending partner approves your application. Your credit limit will also be decided by its lending partners. 

  9. After activation, you'll find the "Pay Later" option among the payment options. 

Recommended Read: Flipkart Personal Loan - Key features, How to apply?  

Flipkart Pay Later Charges 

  • Interest: No interest if you pay the full amount by the 5th of the next month. 

  • Processing Fee: You’ll pay a one-time processing of 1% of the order amount or Rs. 199, whichever is lower. 

  • Convenience Fee: A small fee may apply based on your order total. 

  • Late Payment Fee: You'll pay a fee if you don't pay the full amount on time. The amount varies, generally it is Rs. 100. 

  • EMI Charges: Interest-free EMIs usually have no extra charges. But you'll pay interest if you opt for extended instalment plans. 

Monthly Usage Fees 

Flipkart Pay Later users now pay a monthly fee based on their limit and usage. The fee is: 

  • ₹5 for ₹101 to ₹1,000 

  • ₹10 for ₹1,001 to ₹3,000 

  • ₹15 for over ₹3,000 

The fee is charged monthly, not per transaction. It's only for using your Pay Later limit, not for EMIs or Flipkart Smart Upgrade. If you don't use your limit, you won't pay. 

There's also GST on the usage fee. The rate depends on your location. 

How to Make Your Flipkart Pay Later Limit Higher 

Your limit is determined by the order history and eligibility. You can't guarantee a higher Pay Later limit, but these tips can help: 

  • Pay on time: This is the optimal method to enhance your credit score and limit. 

  • Use Flipkart Pay Later often: The more you use it, the better Flipkart can understand your finances. 

  • Pay your balance in full: This highlights your financial trustworthiness. 

Do all these things to increase your chances of getting a higher limit, but remember, Flipkart makes the final decision. 

How to Pay Back 

  1. Check your Flipkart Pay Later statement for your due date. 

  2. Click "Pay Bill." 

  3. Choose your payment method. 

  4. That's it! 

Don't worry about forgetting. Flipkart will remind you by SMS, email, and notifications. You can also use Pay Later on Myntra. 

Things to Know When Using Flipkart Pay Later 

Flipkart Pay Later offers many benefits, but here are some things to keep in mind: 

  • You can't pay part of your balance. 

  • You can't pay more than you owe. It's not a wallet. 

  • If you have an outstanding amount, you must pay it all to continue using Flipkart Pay Later. 

  • You can access Flipkart Pay Later through the mobile app or the website. It will soon be available on the desktop site. 

Is it Safe to Use Flipkart Pay Later? 

Yes, Flipkart Pay Later is safe when used responsibly. It has security features like OTPs and stores your data safely. You can track your spending and avoid interest if you pay on time. 

But be careful not to spend too much. This could cause late fees and impact your credit rating. There have also been problems with accounts being blocked and refunds taking a long time. 

Use Flipkart Pay Later wisely and pay on time to have a safe and easy shopping experience. 

Frequently Asked Questions 

1. What is Flipkart Pay Later? 

Flipkart Pay Later lets you shop multiple times without paying upfront. Pay the total by the 10th of the next month. It's available for some products on Flipkart and other places. 

2. What are the benefits of Flipkart Pay Later? 

  • Buy now, pay later. 

  • One payment each month. 

  • Instant refunds. 

  • Real-time settlement. 

  • Easy checkout. 

3. What is the credit limit on Flipkart Pay Later? 

Check your credit limit and monthly usage in the "My Account" section under "Flipkart Pay Later." 

4. Why are certain items ineligible for Flipkart Pay Later? 

Flipkart Pay Later is only available for certain products on Flipkart and partner sites. 

5. Can I reset my Flipkart Pay Later limit? 

Yes. Pay for past purchases to reset your limit before the month ends. Find your available credit in the "Flipkart Pay Later" section of "My Account" on the website, app, or Msite. 

6. Do I need to make a down payment to buy an item using the Pay Later payment mode? 

No, you don't need a down payment to buy items with Flipkart Pay Later. 

7. How can I keep a track of my usage and transactions? 

You can track your Flipkart Pay Later usage and transactions in the "Flipkart Pay Later" section under "My Account" on the Flipkart app. 

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.