HDFC FlexiPay Review, Features and Eligibility

HDFC FlexiPay

HDFC bank has a legacy of providing best financial services to its customer. This time HDFC bank has brought HDFC FlexiPay a Buy Now, Pay Later kind of service. 

In this article I will explain all the dimensions related to HDFC FlexiPay. I may be the right person to explain you its pros and cons because I have been using this service for more than 2 months.

if you are checking out for any specific section or information, you can directly jump to that section by using a table of contents.

Overview

From the slogan it is very clear what HDFC FlexiPay service is going to offer. It is basically a digital credit service which offers credit from 15 – 90 days.

HDFC bank has listed this service under personal loan category, which from my point of view is a right place for this kind of service. 

HDFC flexi pay is not different from Flipkart pay later, Paytm postpaid and Amazon pay later. 

PROS

  •  instant credit from  up to Rs. 60,000
  • 15 days interest free credit
  • Zero fees

CONS

  •  Only 15 days interest free credit
  • Its Pre approved offer only

Getting started with HDFC FlexiPay

I got a pre-approval message from HDFC Bank about 2 months ago. My account was approved for a limit of Rs.10,000 rupees.

The limit may vary  account to account from Rs. 2,000 to Rs. 60000. Here I am putting down a screenshot of my HDFC Flexipay approval massage.

HDFC FlexiPay
HDFC FlexiPay

Features of HDFC FlexiPay

HDFC FlexiPay – Buy Now, Pay Later offers a ton of benefits to its users to meet their daily needs. 

Interest Free

It is one the best features of HDFC FelxiPay service because it offers 15 days interest free period. Users will not have to pay even a single penny as interest for using this service for 15 days. 

Zero charges

If you are using HDFC FlexiPay you will not be charged with convenience fees, processing fees and any other hidden charges.

Credit of up Rs. 60,000

you can use HDFC FlexiPay as extra cash in your wallet. You will get anytime anywhere Credit from Rs. 2,000 to Rs. 60,000. You can avail your extra money 24*7.

Flexible Repayment

The flexibility of repayment is purely in the hands of the customer. The repayment period can vary from 15 to 90 days as per your need.

For 15 days you will not be charged with any interest but for more interest fee will be charged.

Note : For interest charges checkout interest rate section.

Eligibility

This service is available for only pre-approved current and saving account holders of HDFC Bank. If you are eligible you will get notification in your offer section of HDFC Bank netbanking.

Fees and Charges

Rate of Interest

There are four tenures with the respective applicable EMI interest rates on any transaction made through the FlexiPay option: 

TenureInterest rate
15 days No Extra Cost
30 days Rs.70 per month on purchase of Rs.3000
60 days Rs.70 per month on purchase of Rs.3000
90 days Rs.70 per month on purchase of Rs.3000

Auto Debit Return Penalty

if you have opted for auto debit service and you account doesn’t have sufficient balance at the time of making payment.

You will be charged with 2% interest rate plus GST of 18%. The minimum penalty of Rs. 450 will be levied and remember it is minimum.

Late Payment Fees

If you fail to make payment or make partial repayment of the outstanding amount, then you will be penalized. The rate of penalty will be 3% plus 18% GST on the total outstanding due.

Pre closure charges

On pre closure of FlexiPay service you will be charged with 4% on the balance principal outstanding plus 18% GST.

FlexiPay Availability

Apparel

Merchant NameWebsite
Myntra https://myntra.onelink.me/eWcy/flexipay
William Pennwww.williampenn.net
Zodiac clothingwww.zodiaconline.com

Fashion & Lifestyle

Merchant NameWebsite
VLCC PERSONAL CARE LTDhttp://www.vlccpersonalcare.com
LIVPURE PRIVATE LIMITEDhttps://livpure.com
BRAND EYES DISTRIBUTORS PRIVATE LIMITEDhttp://www.brandeyes.in
Skull Candyhttps://www.skullcandy.in

Electronics

Merchant NameWebsite
QRS Retail Ltdwww.qrs.in
Zebrswww.zebrs.com
Poorvika Mobiles Private Limitedhttp://www.poorvikamobile.com
3G Mobile Worldhttp://myg.in

Food & Grocery

Merchant NameWebsite
Chitalewww.chitalebandhu.in

Furniture

Merchant NameWebsite
Ikeawww.ikea.com
Nilkamal Ltdwww.nilkamalfurniture.com
Royaloak Incorporation Private Limitedhttp://www.royaloakworld.com

Bottom Line

HDFC flexi pay is convenient and easy to use payment service for online shopping. Its 15 days of interest free service is great.

But if you have a credit card you don’t need this kind of service. As credit cards are more easy and reward friendly services.

 HDFC FlexiPay – Buy Now Pay Later FAQs

What is Eligibility for Getting HDFC FlexiPay?

This service is available for only pre-approved current and saving account holders of HDFC Bank. If you are eligible you will get notification in your offer section of HDFC Bank netbanking.

What is Maximum limit we can get from HDFC FlexiPay?

You will get anytime anywhere Credit from Rs. 2,000 to Rs. 60,000.

SBI balance enquiry, SBI balance enquiry no

sbi balance enquiry

SBI has improved its balance enquiry service a lot. If you have an account in SBI, you can check your account balance in just 5 seconds. Whereas, I have seen lots of people standing in an extended Bank queue for only checking his account balance. To generate your SBI balance enquiry easy, I am writing this article.

SBI Balance Enquiry
SBI Balance Enquiry

Within this guide, I’ll discuss different approaches and methods for SBI balance enquiry. If you have a merchant account in SBI worry not, I am here together with five easiest means for the balance enquiry. In this article, I will provide you with an SBI balance enquiry number to check your account balance.

Here are the Top 5 most accessible ways for your SBI balance enquiry.

Not only, SBI balance enquiry no. I will also provide you with SBI missed call balance enquiry no.

Toll Free SBI balance enquiry no

SBI recently was included with a ten-digit number (09223766666) for balance enquiry. If you just give a miss call to the number, you’ll receive a message along with your account balance particulars.

This is the method that I think is most easy for SBI balance enquiry. As you give a miss call to this number, SBI drops a message in your inbox with your account balance detail.

SBI SMS balance enquiry

The next method for SBI balance enquiry is by simply sending a direct message to SBI. Simply go to your message box, and type “BAL” in funding letters send it to 09223766666. You will get a message along with your upgraded account balance over 1 to 5 minutes.

Send SMS “BAL” to 09223766666

SBI net banking balance enquiry

SBI account holder can also check their account balance by simply using SBI net banking. For SBI balance enquiry using net banking follow following steps:-

    1. visit SBI net banking portal
    2. log in with your user id and password
    3. and click on the text showing click here for balance in front of your account number
    4. and it will show your updated account balance.

One thing I wish to tell you that there are lots of fraud apps and sites with the exact same appearance and feel, So I suggest using only the official version of apps and web sites. This will keep your accounts safe and secure.

Check out SBI simply click Credit Card Review here.

SBI balance enquiry through mobile banking

SBI has launched many official apps that come with the feature of account balance enquiry. You can download any one of them, and you can regularly check your balance from those apps.

I am dropping below a list of SBI official apps for your balance enquiry:-

    1. SBI anywhere
    2. SBI Saral
    3. SBI quick

One thing I wish to tell you that there are lots of fraud apps and sites with the exact same appearance and feel, So I suggest using only the official version of apps and web sites. This will keep your accounts safe and secure.

SBI balance enquiry through ATM

SBI accounts holder can also utilize their ATM card to get balance enquiry. Stop by any closest SBI ATM and follow the following measures:-

    • Put your ATM put a debit card into the ATM
    • choose your language
    • choose account balance enquiry
    • then enter your four digits unique ATM snare
    • you have your account balance onto the screen.

 

Thanks for reading this article. If you will find it helpful, share it with your close friends and loved ones. If you find some mistake or have a suggestion, drop a mail to the official mail address.

In case you have some questions concerning the balance enquiry, you could write it from the comment section below.

FAQ’s on SBI Balance Enquiry

Can I check SBI Account Balance Online?

Yes, you can check sbi balance online.

can I open SBI account with zero balance?

Yes, you can open but you should be living in Rural areas.