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Use 'pay later' loan facility only if interest rate is attractive

However, be careful to avoid over-leveraging

Topics
Instant loans | Fintech

Bindisha Sarang  |  Mumbai 



bank, credit, growth, loans, funding, capital, cash, m&a, payment
Many of the customers are first-time credit seekers attracted to the idea of instant paperless credit approval, says Kush Mehra, chief business officer of Pine Labs

Amazon India disbursed over Rs 600 crore of credit to its customers through the ‘Pay Later’ offering, on the first day of its Great Indian Festival sale, said media reports. Besides e-commerce platforms like Amazon and Flipkart, even fintechs and banks offer this facility.

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First Published: Thu, October 22 2020. 23:53 IST

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