In today’s fast-paced world, having immediate access to money is crucial. If you need funds and traditional loan options aren’t available, online loans provide a convenient solution. One such option is the Big Bazaar Buy Now Pay Later Loan, offered through the CASHe platform. This article will guide you through the application process, necessary documents, and benefits of this loan.
What is the Big Bazaar Buy Now Pay Later Loan?
The Big Bazaar Buy Now Pay Later Loan is a financial service provided by CASHe, a company known for offering personal loans and pay-later options for online shopping. This service allows customers to shop at Big Bazaar and pay for their purchases in easy monthly installments. Registered with the Reserve Bank of India (RBI) and Non-Banking Financial Companies (NBFCs), CASHe partners with reputable companies such as Amazon, Flipkart, Myntra, and Uber.
How to Apply for Big Bazaar Pay Later Loan?
Applying for the Big Bazaar Pay Later Loan is simple. Here are the steps to follow:
- Download the CASHe app from the Google Play Store.
- Register using your mobile number.
- Select the shopping loan option.
- Click on the Big Bazaar shopping loan option.
- Provide details such as your name, address, and mobile number.
- Once your loan amount is approved, choose an EMI plan.
- Upload necessary documents like your Aadhar card, PAN card, and address proof.
- Enter your bank details to receive the loan amount.
- After approval, the funds will be transferred to your account instantly.
Documents Required for Big Bazaar Pay Later Loan
To apply for this loan, you will need the following documents:
- Aadhar Card
- PAN Card
- Address Proof
- Debit Card or Net Banking details
- A selfie
Eligibility Criteria for Big Bazaar Pay Later Loan
Applicants must meet the following criteria:
- Must be an Indian citizen.
- Should be at least 21 years old.
- An active bank account is required.
- Must have a good credit score.
- A PAN card and address proof are mandatory.
- Must have an active account on the partner website.
Loan Amount and Interest Rates
Initially, you can borrow a minimum of ₹1,000. As your credit limit increases, you can access up to ₹60,000. The loan has an interest rate of 0% for the first 90 days and 0.5% monthly for 180 days.
Benefits of Big Bazaar Pay Later Loan
The Big Bazaar Buy Now Pay Later Loan offers several advantages:
- Quick credit limit.
- No pre-closure charges.
- Minimal or no-cost EMIs.
- Fast and secure platform.
- Excellent customer support.
How to Repay the Big Bazaar Pay Later Loan?
Repayment can be done via auto-debit, NEFT, IMPS, or UPI. Note that cash or cheque payments are not accepted.
Customer Service
For any issues, you can contact CASHe customer support via email at support@cashe.co.in. This service is available 24/7.
Conclusion
The Big Bazaar Buy Now Pay Later Loan is an excellent option for those who need quick access to funds for shopping. With easy application steps, minimal documentation, and flexible repayment options, it is a convenient financial solution.