Paytail - Buy on easy EMIs 7.3.3

Paytail is a rapidly expanding finance-led commerce platform in India. With this application, users can conveniently shop at nearby merchant stores while enjoying attractive EMI options and cashback offers.

Interested in financing your purchases? Paytail EMI is here to help.

Qualified members are provided with instant loans through Paytail EMI, which acts as an instant line of credit offered in partnership with Paytail's lending institutions. This credit is specifically designed for shopping purposes.

The loan amount varies from a minimum of Rs. 3,000/- to a maximum of Rs. 5,00,000/-. The loan tenure can range from 3 to 18 months.

The interest rate for the loan starts at 18% per annum* and can go up to a maximum of 25% per annum*. Please note that interest rates may vary depending on the user's profile.

Paytail's NBFC partner is the esteemed Cholamandalam Investment and Finance Company Limited.

For a better understanding of the loan cost, take this example:

• If a consumer borrows a loan of ₹1,00,000 for a tenure of 1 year with an interest rate of 18% per annum*:
• • Applicable fee: ₹0
  • Monthly payment (EMI): INR 9168/-
  • Total interest payable for the tenure of 1 year: INR 10,016/-
  • Total cost of the loan (incl. interest): INR 1,10,016/-

Please feel free to reach out to us at [email protected] for any concerns or alternatively raise a support ticket from within the app. Our dedicated team is committed to resolving all your concerns as soon as possible.