Ring Paylater – Get instant credit on 0% Interest | New buy Now, Pay later App

Ring has to be one of the most lucrative platforms when it comes to instant loans. This makes it one of the best instant loan apps in India, and the interface of the mobile application makes it easy to use. There have been more than 20 million downloads, and more than 2 million customers have been satisfied with the services it offers. You have to be an Indian citizen above 21 years old, and with a valid PAN ID to apply for loans from here. If you are a salaried person, you have to earn more than INR 10,000 per month to get these instant loans. You can get up to INR 1,00,000 for 62 days up to 15 months, with a maximum interest of 2.49% per month depending on your credit score. The added benefits of easy credit to bank accounts, digital wallets, etc. make it the best instant personal loan app.

  • Interest Rate Per Month – 2 to 3 percent
  • Maximum Loan Amount – Rs. 1,00,000
  • Minimum Loan Amount – Rs. 1,000
  • Documentation – Proof of Identity (PAN card), Proof of Address (passport, Aadhar card, driving license, or voter ID), Bank Statement of Salary account showing the salary credit for a minimum of past 3 months (only for salaried people), and Salary slips for the past 3 months minimum (only for salaried people)
  • Features – 100% Online process, Low-interest rate, Flexible loan tenure ranging from 3 Months to 15 Months, No requirement of any credit history, Services available in all Indian cities

This has the best mobile application when it comes to Instant Personal Loan applications The credit period of large loans is not that much There are more than 8 lending facilities at Kredit Bee The credit rating of the lender has to be more than decent Salaried people can also generate loans at an interest rate as low as 1.02% per month It has tie-ups with major eCommerce platforms like Flipkart, Amazon, Nykaa, Cleartrip, etc.

Ring is an Online Instant Credit platform

Ring offers Instant Credit up to Rs.30,000 at a ZERO interest rate that customers can purchase at any merchants and Ring partnered stores.
Don’t have money in your bank account? No worries! Customers can now make payments by scanning QR codes without getting money deducted from their bank account. Use Ring credit to scan & pay at any merchants and partnered store.

With Ring, you can shop/purchase on credit up to Rs 4000 without any documentation, Interest & Processing fee. Your credit limit will be increased on the timely repayment of your previous bills.
Also, Customers can use credit at any merchant store that accepts payments from UPI apps like BHIM, PhonePe, Paytm, Amazon Pay, etc. All you have to do is select the “Scan & Pay” option in the Ring App to scan the QR code available at the merchant store.

Ring is a made in India app, that is 100% digital, enabling customers to scan any QR code and pay on credit at any merchant store. The line of credit is provided by RBI registered NBFC and communicated to users during the onboarding of customers.

Here are a few examples of how you can use Ring Buy Now Pay Later Credit Limit simply by scanning the QR code available at merchant stores:

● Pay for tea, coffee, & other refreshments in shops
● Scan & pay to purchase vegetables & groceries
● Pay your bills at restaurants & cafes
● Scan & pay for your travel tickets or hotels
● Refill fuel for your car or bike
● And all other places which accept payments through QR codes.

Example Ring Buy Now Pay Later:

Instant credit amount (Principal): ₹10,000
Tenure: 6 months.
Interest Rate: 0% per annum.
Processing Fee (incl. GST): ₹400 (4%).
Total Interest: ₹0
One Time Initiation Fee: ₹50.
EMI: ₹1667
APR: 17%.
Credit amount: ₹10,000.
Total repayment amount: ₹10,450.
Total Cost of the Loan = Interest Amount + Processing Fees + Initiation Fee = ₹0 + ₹400 + ₹50 = ₹450

How to avail Ring Credit:
1. Open the camera/scanner to scan the QR Code and install the app
2. Enter the amount to make payment and pay later
3. Register with your contact number & PAN details
4. Accept the offer and start using scan and pay

Why Choose Ring Buy Now Pay Later Option?
● One-click Magic Onboarding
● Quick & Simple Application Process
● Flexible and Multiple Repayment Options
● Zero Interest Rates
● Instant Approval & Credit Activation
● No Physical Documentation
● No Collateral Required
● Line of Credit is provided by RBI registered NBFC – Si Creva Capital service Pvt Ltd

Eligibility Criteria:
● Applicant age should be 21 & above
● Indian Nationality
● Minimum monthly salary: Rs.12,000

Document Required:
● Only PAN required

Contact Us:
For any queries & grievances, contact us on the below-mentioned details:
Call: 022-41434302
Email: [email protected]
Chat: 022-41434380
Address: 2nd Floor, Der Deutsche Parkz, Nahur West, Mumbai, MH-400078

The application is SSL certified, and all transactions are 100% safe and secure.

Use this Qr code to Create your Account.

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