ZestMoney 1.1.12

ZestMoney offers a way to achieve your aspirations without stretching your budget. With the aim of providing access to a better lifestyle for millions, Zest enables individuals to elevate their standard of living affordably.

By opting for Zest, you can make immediate purchases and spread your payments over a period of up to 36 months. This flexibility empowers you to select a repayment plan that aligns with your financial situation.

Featuring a streamlined 3-step approval process, Zest is widely accepted across more than 10,000 online and 75,000 offline retail outlets, giving you ample options to make your desired purchases.

Key benefits of using ZestMoney include:

• Access to the best Pay Later App with competitive EMI options
• Ability to shop on EMI at over 10,000 stores
• Seamless digital process eliminating paperwork hassles
• Instant loan approval and disbursal
• No requirement for a credit card or high CIBIL score

Personal loans facilitated by ZestMoney through its lending partners are extended to selected customers based on various factors such as their repayment history. Loan durations range from 3 to 36 months, and the maximum cost, including interest and processing fees, can reach up to 36% APR (Annual Percentage Rate) depending on individual credit profiles. However, the majority of customers experience significantly lower costs.

For instance, if you secure a personal loan of Rs.20,000 over 12 months at a 20% interest rate, a processing fee of Rs.708 (3% of the loan amount plus GST) will be applied. This sets your EMI at Rs.1853 with a total interest charge of Rs.2232 already factored into the EMI amount, resulting in a total repayment of Rs.22,940. Payments can be conveniently made directly to ZestMoney via various modes such as UPI, debit card, or net banking.