Amazon Pay EMI – Amazon India is one of the largest online marketplaces, Which is now offering ₹60,000 Loan For Every Customer, I ‘ll explain Why and how you can avail of this offer?
What is This Feature?
This is a New Feature introduced by Amazon India Amazon Pay EMI, After their successful attempt in Making Debit card Emi. For Indian customers, Amazon understands that “most of the people don’t have the credit card”. “Amazon Pay EMI”
so they offered Debit card Emi, but the problem is “most of the Indian banks won’t offer this feature to all of their Customers, DebitCard EMI is only for selected customers (They were selected by the bank).
So, Amazon came up with an idea like “hey, why don’t we just offer a loan to our customers, so they don’t need any other bank’s Criteria requirements, For Debit card EMI or Credit Card”.
Amazon giving the Maximum amount of 60,000 rs, as a Digital loan for their Selected Customers, This is really important “SELECTED CUSTOMERS”, most of the people didn’t get this feature.
You can buy any product using Amazon EMI and Repay them with you Registered DebitCard, This support Auto-Repayment so you don’t need to worry about DueDate.
Amazon Easy EMI Registration
To register this, You need the Amazon Mobile App.
This offer is Available only for Mobile app This moment, you cant use this Feature on your Desktop Browsers. – Amazon Pay EMI
You can see Amazon Pay EMI Option. Open that…..
To register this offer You need Three Important Cards
- Pan Card
- Aadhar Card
- Debit Card (Need to have at least 5 rs Minimum balance in that account )
Give your information in this Step, It’s the First step. You need to Verify your Aadhar by Giving them the OTP Send to you Aadhar Card Registered Mobile Number.
Amazon Pay EMI will Evaluate your profile, so they Determine your Worth, lol. I am a long time customer and I have an Amazon Prime account. Let’s check my Value 😀
My worth is 30,000 rs, LOL…OMG Finally someone Ready to offer me 30,000 rs 😀
Next step is to Add a bank account (so Amazon Pay EMI can trust you “that you will pay them back”)
In this process, 5 rs will be Debited from your account, and it will be refunded after 3 days.(cmon amazon, so sweet of you “just 5 rs for 30,000rs credit”)
That’s all, it’s over you have successfully registered.
This is how your Pay EMI Dashboard look like, You can set an AutoRepayement Option also, so you don’t have any problem with your Due Date.
Rules Need To Remember
- Every product is not available in this EMI offer.
- Only 3, 6 and 12 months EMI available (Some offers only 3 and 6 months only)
- No cost EMI available
- Your product must be More than 8,000rs to Avail this offer
So, these are the important Rule, Remember these……