Diwali 2022 Deals: Shop Now, Pay Later With Axis Bank-Freecharge Pay Later Facility

There is a good reason why Indians wait with bated breath for the festive season. Along with the merriment, the festive occasion also brings with it a number of profitable discounts that one cannot ignore. One such attractive Diwali deal is the Freecharge Pay Later scheme offered by Axis Bank.

Freecharge Pay Later is a digital payment solution that allows you to make purchases right away and repay them within a set number of days after the transaction.

You can obtain a monthly credit option of up to Rs. 10,000 through Freecharge Pay Later. However, this option is only provided to a few registered Freecharge users. It offers a simple, one-click purchasing process through Freecharge or its merchant gateways with the option to pay back the debt over a 30-day credit term. You can use this facility on the Freecharge platform to pay electricity and landline bills, recharge DTH, mobiles, etc.

• It offers a simple one-tap payment solution

• It simplifies and accelerates the process of bill payments

• It offers several offers and discounts

• It makes money repayment extremely easy i.e., you can make one payment on the fifth of the month and you get 30 days to repay the money you spent.

Please note: The Freecharge pay later facility spans across 25000+ stores. Check out further details.

With the festive season, especially Diwali, knocking at your doorsteps, do not allow a lack of money to derail your carefully thought-out goals. Fund all of your necessities easily with Axis Bank-powered Freecharge Pay Later. Even if you experience a brief liquidity shortage, the short-term lending option assures that your cash flow will not be affected. Here’s why you should go for Freecharge Pay Later:

• Even if you run out of money, you can meet all your requirements right away

• It aids in preventing an excessive strain on your budget

• You can use it to shop for goods or pay for services and then pay for them later

• Your cash flow can be managed better to meet your demands

• You can satisfy your needs right away and repay at your discretion with a credit period of up to 30 days.

To use the facility, you need to register yourself first. Follow the steps to know the eligibility details:

Step 1: First download the Freecharge Pay Later App

Step 2: Become a registered user by adding your mobile number

Step 3: Then move to the pay later section and select ‘Get Started’

Step 4: Add your PAN details

Step 5: Enter your personal as well as professional details

Step 6: Click on agree to terms and conditions and activate your Freecharge Pay Later

Step 7 (optional): In case you are not an Axis bank customer, you need to complete your e-KYC using the Aadhar-based OTP.

Freecharge Pay Later provides an instant credit facility to its users. Once you have enrolled with Freecharge Pay Later, you can access the funds with a simple click. After your information has been verified, the money is paid right away. The core benefit is that there is no need for an intermediary because the full transaction takes place digitally. Your ability to borrow money is subject to interest charges, just like when you take out a loan, and there are consequences for paying back your loan late.

The interest rate will be levied at 9% p.a., and the pre-closure charges are usually nil. The late payment fees are inclusive of GST, wherever applicable.

Disclaimer: The information mentioned above was taken from the concerned bank's official website at the time of writing. BQ Prime is not liable for any changes. Please research before you invest.