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BUY NOW PAY LATER (BNPL)

Buy Now Pay Later is an option provided to customers for hassle-free way to get instant credit through a completely digital process to meet the need of making payment on Amazon, Tata Neu and Axio Platform with flexible tenor.

Features & benefits
  • Short Term Instant Credit.
  • Purpose of the loan is to make payments on the Amazon, Axio Application and TataNeu Application.
  • Sanction within minutes.
Charges and Loan Details
  • Loan Amount Minimum: Rs. 1,000
    Maximum: Up to Rs. 1,00,000
    (Rs. 60,000 for all new customers and Rs. 1,00,000 only for existing customers with full-KYC)
    Loan Tenor Minimum 30 Days
    Maximum 24 Months
    Security NIL
    Repayment Frequency Monthly
    Late Fee Charges Monthly Due Amount if:

    < ₹200, then ₹0
    > ₹200 & <= ₹1000 then ₹125
    > ₹1000 & <= ₹2500 then ₹300
    > ₹2500 & <= ₹5000 then ₹350
    > ₹5000 & <= ₹10000 then ₹450
    > ₹10000 & <= ₹20000 then ₹800
    > ₹20000 then ₹1000
    Cooling-off Period 30 Days
Partners
  • Name of the Entity Category Grievance Redressal Officer
    Amazon.in, Axio Application and Tata Neu Application. Digital Lending App (DLA) Axio:
    Yasaswi B S
    ask@axio.co.in
    080-68075001

    Amazon:
    Vikas Bansal
    amazonpay-grievance-officer@amazonpay.in
    180012001571

    Tata:
    Francyna Dias
    customercare@tatacapitcal.com
    18602676060
    Amazon Finance India Private Limited, Razorpay Software Private Limited, Tata Digital Private Limited, Axio Digital Pvt Ltd Lending Service Provider (LSP)
    CapFloat Financial Services Private Limited (axio) Co-lender

    RBI Sachet Portal: https://sachet.rbi.org.in/

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I am Kaaru