In this another blog, we will be discussing another pay later app “ZestMoney App” and will Review it.
ZestMoney(App Review) is a financial technology company based in India that offers a range of financial products and services to its customers.
It was founded in 2015 by Lizzie Chapman, Priya Sharma, and Ashish Anantharaman.
The company’s mission is to make financial products and services more accessible to the millions of underserved and unbanked individuals in India.
One of the main products offered by ZestMoney is a digital credit line that allows customers to make purchases on credit without the need for a traditional credit card.
This product is particularly useful for individuals who do not have a credit history or who have a low credit score
It allows them to access credit and make purchases without the need for a collateral or security deposit.
Also Read : ePayLater App Credit Limit | Sign Up and Get Credit Limit Upto Rs. 2,00,000
Range of Other Financial Products
In addition to its digital credit line, ZestMoney also offers a range of other financial products and services, including personal loans, insurance, and investment products.
The company has partnerships with a number of merchants and e-commerce platforms, allowing customers to make purchases on credit at a wide range of online and offline stores.
One of the key differentiators of ZestMoney is its use of technology and data analytics to assess the creditworthiness of its customers.
The company uses a variety of data sources, including bank statements, mobile phone usage data, and social media activity, to assess the creditworthiness of its customers and offer them the best possible rates and terms.
How to apply for ZestMoney EMI?
There are two ways to use ZestMoney:
– You can sign up on our website and find out your credit limit. Click here to get started.
– Alternatively, you can apply for a ZestMoney account from the checkout at one of our partner merchants – you can see the partner merchants.
In both cases, we will need a few basic details about you (including your employment details and income proof).
Using this information, a risk analysis is performed and you will find out immediately if your loan has been approved by our lending partners.
Merchant partners of ZestMoney App
ZestMoney has collaborated with in excess of 3000 driving online business sites that offer types of assistance like style, gadgets, medical care, mobiles, extravagance items, and furniture.
It likewise have purchase currently pay later installment choice across this traders.
| MakeMyTrip | Flipkart |
| Amazon | Boat |
| Myntra | MI |
| Decathlon | Curefit |
| Royal Sundaram General Insurance | Simplilearn |
| Uber | Titan |
| Bombay Shaving Company | Sleepy Head |
| Revv | Kurl On |
Eligibility
– You must be over 18 years of age and under 65 years.
– You must be Indian resident and have a bank account
– PAN card
– Aadhaar card
– A credit card is not mandatory.
Also Read : Apply for Paytm Postpaid and Get Limit upto 60 Thousand : Here is Everything You Need to Know
Interest Rate
The interest rates for these products will depend on a variety of factors, including the borrower’s credit history and financial situation, the type of product being offered, and the terms and conditions of the loan.
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- Pay-in-3 offering is completely 0% and any interest charged will be credited as cashback on successful repayment of each instalment.
- Other tenure offerings too have no-cost EMI options but differ from merchant to merchant.
t’s a good idea to carefully review the terms and conditions of any financial product before you agree to it, including the interest rate and any fees or charges that may apply.
This will help you make an informed decision and ensure that you understand the full costs of borrowing.
If you have any questions or concerns about the interest rate or other terms of a loan or financial product offered by ZestMoney.
it’s a good idea to contact the company directly for more information.
Conclusion
ZestMoney has seen significant growth since its inception, with its customer base growing to over 10 million in just a few years.
Its digital credit line and other financial products have proven popular with customers.
the company has seen significant growth and investment since its inception.
The company has also received significant funding from investors, including Sequoia India, Naspers, and Flourish Ventures.
In conclusion, ZestMoney is a financial technology company that is making financial products and services more accessible to underserved and unbanked individuals in India.
Read More: Top Pay Later Apps in India | Best Buy Now Pay Later Apps