ZestMoney: Affordable and Reliable EMI For Everyone
Today in India, very few people have or want a credit card. So many people are new to a credit card. The ZestMoney enables quick account opening and real-time credit approval. It is combined with seamless digital loan servicing and repayment technology. ZestMoney is partnered with many reputed e-commerce companies, to enable financing at the checkout, enabling cardless EMI.
Now ZestMoney customers can afford the things they need and spread the cost over up to 36 months. It is a technology company and loans are issued by fully regulated lending institutions. The team of ZestMoney has huge experience in digital lending.
What is ZestMoney?
ZestMoney is the fastest and reliable way to pay EMI, without the need of a credit card. The company wishes that EMI facility should be available to everyone and not only those who hold a credit card or have a credit score.
This company founded by digital finance and technology professionals, Priya Sharma, Lizzie Chapman and Ashish Anantharaman in 2015. The company is backed by top leading global digital financial services investors like PayU, Omidyar Networks, and Ribbit Capital.
The company’s aim is to make life affordable with EMI for everyone. With ZestMoney, you can get an instant loan without a credit card. You can buy your favorite things and payback later in easy, flexible EMI’s.
ZestMoney payment platform enables customers to buy their favorite items on EMI without using a credit card. It offers a fully digital payment method. Most Indians choose debit cards over credit cards, either they don’t know how to use or they don’t know its benefits of using a credit card. People wish to shop online, but they don’t because either they don’t have sufficient cash or don’t have a credit card.
But there is good news, now you can make an EMI-based purchase without using a credit card with the help of ZestMoney. This platform gives people a chance to buy products on EMI without the need for credit cards.
Since many Indians are new to the use of credit cards, the company’s aim is to simplify methods of credit assessment and approval. You can buy smartphones, laptops, camera and all your favorite things from the company’s partner merchant’s website and pay in easy flexible installments.
ZestMoney is partnered with some of the best e-commerce companies like Amazon, Flipkart, Jabong, Xiaomi, MakeMyTrip, Myntra, etc.
ZestMoney is available at the checkout of prominent e-commerce websites.
Key Features of ZestMoney
1. Quick Digital Process
No physical documentation required, no hassle. Most of the loans get approved in less than a few hours.
2. High Approval Rates
Don’t you have a good credit score? Don’t worry, the company’s loan approval process is very unique and therefore, they have the best approval rates.
3. Seamless EMI Payment
You don’t have to worry about missing out on EMI. The company will work with your bank to automatically collect EMI’s.
4. Zero Pre-Closure Charges
Do you have some cash and wish to pre-pay your remaining loan? No problem, you can go ahead and pre-close your existing loan without complications and any additional charges.
Today India is transforming into a cashless society and the demand for credit cards has significantly risen. But a large number of Indians have no access to a digital exchange. In order to provide reliable credit and empower Indian lives, the company has come with a useful medium. In order to give a chance of online shopping, ZestMoney helps customers in creating a virtual EMI-based loan at different e-commerce merchant’s website. The company does not depend on credit cards to provide loans and people can buy things online without worrying about hefty monthly installments.
ZestMoney enables buyers to make EMI-based purchases and gives sellers an opportunity to earn more sales revenue.