InstaCred EMI Options & Benefits in India

CCAvenue, the flagship brand of Infibeam Avenues Limited, has integrated InstaCred Cardless EMI, an advanced offering from Flexmoney, into its suite of payment options. This makes InstaCred the first-ever cardless EMI facility available on the CCAvenue platform. InstaCred allows customers to access digital EMI services in real-time without the need for documentation or initial down payments. The Cardless EMI payment method is affordable and convenient for consumers looking to make high-value purchases online. This integration with CCAvenue will help Indian eCommerce websites generate new revenue and enhance their business potential significantly.

Key Takeaways:

Converting your online purchases into affordable EMIs has never been easier with InstaCred Cardless EMI. Say goodbye to the traditional hassle of documentation and down payments – InstaCred brings you a seamless and convenient payment option. Whether you’re looking to buy electronics, furniture, or travel packages, InstaCred Cardless EMI offers the flexibility and convenience you need.

How InstaCred Cardless EMI Works

InstaCred Cardless EMI offers customers the convenience of converting their payment amount into easy monthly installments without the need for a debit or credit card. The process to avail this facility is simple and hassle-free, ensuring a seamless experience for users.

To calculate their EMI, customers can utilize the InstaCred EMI calculator, which provides them with an accurate estimate of their monthly installment. Once the desired EMI amount is determined, customers can submit their loan application form to TVS Credit, the provider of the InstaCred Cardless EMI service.

Eligibility for the pre-approved loan program includes repaying at least three EMIs without default. Upon enrollment, customers receive a Welcome Letter from TVS Credit, containing essential program details and terms and conditions.

Activation of the Pre-approved loan program can be done through the TVS Credit Saathi app or website using the registered mobile number. This allows customers to conveniently access the benefits of the program for purchases made at TVS Credit empaneled merchant establishments and various e-commerce platforms.

Benefits of InstaCred Cardless EMI:
Convenience of converting payment amount into EMIs without a card
Simple and hassle-free process
No extensive documentation required
Flexible repayment options with easy monthly installments
Access to multiple merchant establishments and e-commerce platforms

Benefits of InstaCred Cardless EMI

The InstaCred Cardless EMI facility offers several benefits to customers. First, it allows them to buy now and pay later without making any initial down payments. This flexibility makes high-value purchases more affordable and accessible. Additionally, the InstaCred EMI process is hassle-free and does not require extensive documentation. Customers can enjoy seamless installment payments without the need for a credit card.

Here are the key benefits of the InstaCred Cardless EMI facility:

  • Buy now, pay later: Customers can make high-value purchases without the burden of upfront payments. This option is particularly advantageous for those who might not have sufficient funds at the time of purchase.
  • Affordability and accessibility: The InstaCred Cardless EMI facility makes expensive products more affordable by spreading the cost over convenient installments. This allows customers to own the products they desire without straining their finances.
  • Hassle-free process: Unlike traditional EMI options, InstaCred does not require extensive documentation or credit card details. Customers can easily avail the facility and complete their purchase smoothly.
  • No credit card required: With InstaCred, customers can enjoy the benefits of EMI payments without the need for a credit card. This opens up the opportunity for a wider range of customers to access EMI options.

“InstaCred Cardless EMI facility enables customers to make purchases without the burden of upfront payments and extensive documentation. It is a hassle-free and convenient option to enjoy the benefits of EMI without the need for a credit card.”

The fees and charges associated with the InstaCred Cardless EMI facility will be communicated to the borrowers in advance. The interest rate and other charges may vary depending on the loan term and other factors. Customers can refer to the loan term sheet provided by TVS Credit for detailed information on fees and charges.

BenefitsDetails
AffordabilityThe facility allows customers to buy high-value products with affordable installment payments.
AccessibilityThe InstaCred Cardless EMI is available to customers without the need for a credit card.
Hassle-free ProcessCustomers can easily avail the facility without extensive documentation or credit card details.
FlexibilityThe cardless EMI option offers flexibility in payment terms and ensures a smoother buying experience.
instacred emi benefits

With the InstaCred Cardless EMI facility, customers can enjoy the benefits of installment payments without the constraints of upfront payments and credit cards. This convenient and flexible payment option opens up new possibilities for affordable and accessible purchases.

InstaCred Cardless EMI and CCAvenue Partnership

CCAvenue, in collaboration with Flexmoney, has formed a strategic partnership to introduce the InstaCred Cardless EMI platform on its payment gateway. This partnership is aimed at enhancing the existing EMI options offered by CCAvenue by providing customers with a convenient and flexible cardless EMI payment solution. The InstaCred Cardless EMI facility will be made available on numerous websites powered by CCAvenue, offering customers greater flexibility and convenience when making online purchases.

The eligibility criteria for availing the InstaCred Cardless EMI program may vary and will be determined by TVS Credit, the company associated with the loan program. Detailed terms and conditions will be clearly outlined in the loan agreement or as communicated by TVS Credit.

Benefits of the InstaCred Cardless EMI and CCAvenue Partnership:

  1. Expanded payment options: The partnership between CCAvenue and Flexmoney allows for the inclusion of the InstaCred Cardless EMI platform, providing customers with a wider range of payment choices.
  2. Enhanced convenience: Customers can now enjoy the flexibility and convenience of the InstaCred Cardless EMI facility on various CCAvenue-powered websites, allowing for seamless and hassle-free transactions.
  3. Accessible eligibility criteria: The eligibility requirements for the InstaCred Cardless EMI program will be determined by TVS Credit, ensuring accessibility for a broad range of customers.

With this collaboration, CCAvenue aims to further strengthen its position as a leading payment gateway in India while providing customers with a seamless and convenient payment experience. The InstaCred Cardless EMI and CCAvenue partnership opens up new avenues for online shoppers, enabling them to make purchases with greater ease and flexibility.

Advantages of Cardless EMI Payments

Cardless EMI payments, such as InstaCred, offer several advantages over traditional credit card payments.

  1. Eliminating the risk of card theft or loss: With cardless EMI payments, customers can avail credit and make high-value purchases without the need for a physical card. This eliminates the risk of card theft or loss, providing a safer and more secure transaction experience.
  2. Seamless and convenient process: The Cardless EMI process is seamless and convenient, requiring minimal documentation. Customers can easily apply and receive instant digital EMI without any hassle, saving time and effort.
  3. Affordable option with easy installments: Cardless EMI payments provide a more affordable option for consumers. It allows them to pay for their purchases in easy monthly installments, enabling better financial management without straining budgets. This flexibility makes high-value purchases more accessible and manageable.

Overall, Cardless EMI payments offer a superior transacting experience and enhance the user experience significantly.

cardless emi benefits
Advantages of Cardless EMI Payments
Eliminates the risk of card theft or loss
Seamless and convenient process
Affordable option with easy installments

Features of InstaCred Cardless EMI

InstaCred Cardless EMI offers a range of features that make it a convenient and user-friendly payment option.

  1. Instant Digital EMI: With InstaCred Cardless EMI, customers can avail instant digital EMI without the need for any documentation or down payment.
  2. Mobile Accessibility: The facility is compatible with the TVS Credit Saathi app, allowing users to access and manage their EMI options conveniently on their mobile devices.
  3. Credit Limit and Benefits: The credit limit and benefits offered under the InstaCred Cardless EMI program are determined by TVS Credit and are subject to their discretion.
  4. Wide Acceptance: The Pre-approved loan program can be utilized at various TVS Credit empaneled merchant establishments and e-commerce platforms, providing users with a wide range of options for their purchases.
InstaCred Cardless EMI Features
Instant Digital EMI
Mobile Accessibility
Credit Limit and Benefits
Wide Acceptance

The fees and charges associated with the InstaCred Cardless EMI facility will be mentioned in the loan term sheet provided by TVS Credit.

Partnership between CCAvenue and Flexmoney

CCAvenue has partnered with Flexmoney to integrate the InstaCred Cardless EMI platform into their payment gateway. This strategic alliance aims to provide Indian eCommerce websites powered by CCAvenue with a cardless EMI payment solution. The integration of InstaCred Cardless EMI will enable customers to make purchases conveniently in suitable installments on numerous websites.

Flexmoney, as a digital service provider, is leveraging its digital credit platform to offer “credit as a service” for multiple stakeholders in the eCommerce industry. This partnership further expands the payment options available through CCAvenue and enhances its business potential.

Conclusion

In conclusion, the integration of InstaCred Cardless EMI into the CCAvenue platform provides customers with a convenient and flexible payment option. With this facility, users can make high-value purchases without the need for a credit card and without making any initial down payments. The process is hassle-free, making it accessible to a wide range of customers.

By partnering with Flexmoney, CCAvenue enables Indian eCommerce websites to offer the InstaCred Cardless EMI facility, helping enhance their business potential and generate new revenue streams. This innovative payment solution is a beneficial option for customers looking for affordable and convenient installment payments.

So, whether you want to buy the latest smartphone, upgrade your home appliances, or indulge in a luxury purchase, InstaCred Cardless EMI provides the financial flexibility you need. Experience the convenience of digital EMIs with InstaCred on CCAvenue and enjoy a seamless shopping experience with affordable installment payments.

FAQ

What is InstaCred Cardless EMI?

InstaCred Cardless EMI is a payment facility that allows customers to convert their payment amount into equated monthly installments (EMIs) without the need for a debit or credit card. It offers a convenient and hassle-free way to make high-value purchases online.

How does InstaCred Cardless EMI work?

To avail the InstaCred Cardless EMI facility, customers need to follow a simple process. They can calculate their EMI using the InstaCred EMI calculator and then submit their loan application form to TVS Credit. Once enrolled, customers can activate the Pre-approved loan program through the TVS Credit Saathi app or website using their registered mobile number. The facility can be used for purchases at TVS Credit empaneled merchant establishments and e-commerce platforms.

What are the benefits of InstaCred Cardless EMI?

InstaCred Cardless EMI offers several benefits to customers. First, it allows them to buy now and pay later without making any initial down payments. This flexibility makes high-value purchases more affordable and accessible. Additionally, the InstaCred EMI process is hassle-free and does not require extensive documentation. Customers can enjoy seamless installment payments without the need for a credit card.

What are the fees and charges associated with InstaCred Cardless EMI?

The fees and charges for InstaCred Cardless EMI will be mentioned in the loan term sheet provided by TVS Credit. The interest rate and other charges may vary, but they will be communicated to the borrowers in advance.

How does the partnership between CCAvenue and Flexmoney benefit customers?

The partnership between CCAvenue and Flexmoney brings the InstaCred Cardless EMI facility to numerous websites powered by CCAvenue. This means that customers have more flexibility and convenience in making their online purchases.

What are the advantages of cardless EMI payments?

Cardless EMI payments, such as InstaCred, offer several advantages over traditional credit card payments. First, customers can avail credit and make high-value purchases without the need for a physical card, eliminating the risk of card theft or loss. Second, the Cardless EMI process is seamless and convenient, requiring minimal documentation. Third, Cardless EMI payments provide a more affordable option for consumers, allowing them to pay for their purchases in easy monthly installments.

What are the features of InstaCred Cardless EMI?

InstaCred Cardless EMI offers a range of features that make it a convenient and user-friendly payment option. It allows customers to avail instant digital EMI without any documentation or down payment. It is compatible with the TVS Credit Saathi app, making it accessible on mobile devices. The credit limit and benefits offered under the program are at the sole discretion of TVS Credit.

What is the partnership between CCAvenue and Flexmoney?

CCAvenue has partnered with Flexmoney to integrate the InstaCred Cardless EMI platform into their payment gateway. This partnership aims to provide Indian eCommerce websites powered by CCAvenue with a cardless EMI payment solution, enhancing their business potential and revenue streams.

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