ZestMoney is a consumer lending platform that assists low-income borrowers who are unable to access traditional financing choices such as credit cards and loans owing to a lack of or insufficient credit history. To assist people, access credit choices, ZestMoney uses AI (Artificial Intelligence), mobile technologies, and digital banking.
Customers of ZestMoney can apply for a personal loan with low-interest rates and flexible repayment choices. It has partnered with over 100 of the most well-known e-commerce retailers. You can shop at any of these merchant partners with your credit limit.
ZestMoney’s features and advantages
Customers of ZestMoney can make use of the following advantages:
- Consumer durable loans are available to borrowers with a poor credit history or no CIBIL score.
- There is no paperwork involved in this process because it is all digital.
- You will receive an instant credit transfer to your bank account.
- With a variety of EMI plans, you may choose from a payback term ranging from 9 to 24 months.
- There will be no partial prepayment or pre-closure.
- There are no application fees.
- There are no hidden fees.
How can I become a member of ZestMoney?
Customers with a ZestMoney credit limit can apply for a personal loan. Those without a credit limit can sign up right now.
- Step 1: Go to ZestMoney.in and sign up for a credit limit with ZestMoney.
- Step 2: Fill in the blanks on your profile.
- Step 3: To activate your credit limit, upload the needed documents and set up your payback.
Where can ZestMoney be used?
ZestMoney instant loan may be used to shop on top e-commerce websites with which it has collaborated. More than 1000 e-commerce businesses have teamed with ZestMoney. The following are some of the most well-known merchant partners:
- Amazon
- Flipkart
- Myntra
- MakeMyTrip
- Mi.com
- Mi Homes
- Oyo
- Pepperfry
- Sangeetha Mobiles
- Urban Ladder
- PayTm
- Curefit
- Fossil
- Jabong
- BookMyShow
- Uber
- Kurl On
- Simplilearn
- Royal Sundaram General Insurance
Possibility of obtaining a personal loan
You can acquire a personal loan from ZestMoney without any further documents if you make a purchase at one of ZestMoney’s merchant partners and make regular repayments. To qualify for a personal loan, you must meet the following requirements:
- You must be a citizen of India.
- You should be between the ages of 18 and 65.
- There’s no need for a credit card.
What may the ZestMoney app be used for?
The ZestMoney app can be used for a variety of functions, including:
- Loan management: The ZestMoney app allows you to examine and manage active and prior loans.
- Repayment of active loans: Use the app to make payments on your active loans.
- Application for a personal loan: You can apply for a personal loan.
- You can get gift cards from merchant partners like Flipkart, Amazon, Myntra, MakeMyTrip, and others.
- Update your phone number, email address, and address in your profile.
- Partners in business: Find merchant partners in both online and offline locations.
- Customer service: If you have any questions concerning a personal loan, you can call or chat with customer service.
Frequently Asked Questions
- Ques: How do I know if I’m eligible for ZestMoney?
Ans: ZestMoney services are available to any resident Indian aged 18 and up with a bank account, PAN card, and valid address proof.
- Ques: How can my credit limit be raised?
Ans: ZestMoney reviews all of its customers’ credit limits on a regular basis and raises them based on their payback history. Your credit limit will be increased if you make timely payments.
- Ques: Can a first-time user set up for a ZestMoney account straight using the app?
Ans: Before downloading the Android app, first-time users must register on the website.
- Ques: How do I find out how much credit I have available?
Ans: You can get your credit limit by calling 9513650707 from your registered mobile number and leaving a message.
Your credit limit will be provided to you through SMS.
- Ques: What is the required minimum wage to join ZestMoney?
Ans: There is no criterion for a set income for the EMI application. ZestMoney assesses each application separately based on a variety of factors.
- Ques: Are there any fees for paying in advance?
Ans: You can prepay or close your EMI account without incurring any further fees.
- Ques: How can I make ZestMoney EMI payments?
Ans: With NACH/eNACH Mandate services, you may automate regular payments. On the due date, your monthly EMIs will be automatically deducted from your bank account. Your CIBIL score improves when you pay on time.
- Ques: What exactly is Perfios?
Ans: ZestMoney employs Perfios, a web-based financial program, to securely access your recent bank statements.
Contact information for ZestMoney is as follows:
ZestMoney can be reached through a variety of channels:
- Please send an email to help@zestmoney.in.
- Call +91-6269000097 for further information.
- Zestmoney’s website is https://www.zestmoney.in/.
How can I apply for a personal loan with ZestMoney?
*Note: ZestMoney only provides instant personal loans to customers who have a ZestMoney credit limit! No problem if you don’t have a credit limit. Become a member today!
- Sign up for a credit limit with ZestMoney.
It’s easy to sign up for a ZestMoney credit limit. All you have to do now is validate your mobile number and you’re set to go!
- Make your credit limit active.
To activate your credit limit, complete your profile, submit the needed KYC documents, and set up your payback.
- Visit any of our merchant partners to shop.
You can shop at any of our 1000+ merchant partners using your credit limit.
- Obtain Personal Loan Eligibility
You will be eligible for an instant loan through our platform if you shop with any of our merchant partners and make consistent repayments.
- Take advantage of your Personal Loan.
You can get a personal loan without providing any extra documentation once you’ve been approved.
Conclusion:
To conclude, as mentioned above ZestMoney instant loan can be availed in a short time at a low rate of interest with flexible repayment tenure. Afinoz can be of great help to apply for personal loans at a low Personal Loan Interest Rate.
