Navigating through your finances wisely is crucial, especially when it comes to choosing suitable payment options. While Flipkart Pay Later and Flipkart Pay Later EMI offer convenience, they might not suit everyone’s financial strategies.
Personally, I believe that opting for a credit card could be a more advantageous choice over Flipkart Pay Later.
If you’re considering closing your Flipkart Pay Later account for any reason, this article is tailored to guide you through the process.
Table of Contents
Can Flipkart Pay Later Be Closed?
Yes, closing your Flipkart Pay Later account is entirely possible. To ensure a smooth closure, ensure you’ve settled any outstanding balances associated with your account.
Once you’ve cleared the remaining balance, you can proceed with the steps to close your Flipkart Pay Later account hassle-free.
How To Close Flipkart Pay Later?
Closing your Flipkart Pay Later account might not be directly available through the app or website, but don’t worry; you can still request its closure through customer care or chat support.
Here’s how to close your Flipkart Pay Later account:
- Visit the Flipkart App & go to the Help Center page.
- Click on “I want help with other issues.”
- When a new page opens, select “Others.”
- Even on the subsequent page, choose “Other.”
- Look for the “Contact Us” option.
- Engage with Customer Care and request the closure of your Flipkart Pay Later account.
If you prefer a quicker route, you can directly call Flipkart customer care at 044-45614700 and request to close your Flipkart Pay Later account.
By following these steps, you can effectively initiate the closure process for your Flipkart Pay Later account hassle-free.
How To Close Flipkart Pay Later Online?
Closing your Flipkart Pay Later account isn’t something you can manage online. The most straightforward route is to reach out to customer care and request closure.
Initiating this process is as straightforward as having a chat or making a call to their customer service.
Just let them know you’d like to close your Flipkart Pay Later account, and they’ll guide you through the steps necessary to complete the closure.
How To Close Flipkart Pay Later EMI?
Closing your Flipkart Pay Later EMI is entirely possible. However, timing matters: if you decide to close the EMI after three days of the transaction, be prepared for a foreclosure charge of 3.39% on your unbilled principal outstanding amount.
It’s important to factor this charge into your decision-making process before proceeding with the closure.
Also Read: A complete Guide On Flipkart Pay Later EMI.
How To Close Flipkart Pay Later By IDFC First Bank?
To close your Flipkart Pay Later account managed by IDFC First Bank, you’ll need to connect with Flipkart’s customer care team. Simply dial 044-45614700 and place a request to close your Flipkart Pay Later facility.
This service, a collaboration between Flipkart and IDFC First Bank, can be easily deactivated by reaching out to the dedicated customer care number. Once you’ve made the call and lodged your request, they’ll guide you through the necessary steps to close your Flipkart Pay Later account hassle-free.
Does Closing Flipkart Pay Later Affect Credit Score?
Yes, closing your Flipkart Pay Later account can influence your credit score, and the impact can swing positively or negatively.
If you’ve responsibly utilized Flipkart Pay Later, its closure can actually bolster your CIBIL score, reflecting positively on your credit history.
Conversely, if you’ve mismanaged or defaulted on Flipkart Pay Later payments, closing the account could potentially have a detrimental effect on your credit score, leading to a negative impact on your CIBIL Score.
What Happens When I Didn’t Pay Flipkart Pay Later?
Not paying your Flipkart Pay Later dues can lead to some significant consequences. First off, you’ll face a penalty of 6% on the unpaid amount each month, calculated based on what’s due by the 5th of that month. This penalty adds up quickly and can affect your finances.
Continuing to neglect these payments can result in the suspension of both your Flipkart Pay Later account and your main Flipkart account.
This means losing access to the convenience of using Flipkart Pay Later and potentially hindering your ability to shop on Flipkart altogether. It’s crucial to address these outstanding dues to avoid these repercussions and maintain your account privileges.
Conclusion
If you’re considering closing your Flipkart Pay Later account, this article has guided you through the process step-by-step. Remember, settling any outstanding balances associated with your account is crucial before initiating closure.
Whether you’re reaching out to customer care through chat or calling directly, the steps outlined here offer a smooth pathway to closing your Flipkart Pay Later account hassle-free.
Just be mindful of the potential impact on your credit score and the consequences of unpaid dues, which can affect your financial standing and account privileges. Managing these aspects diligently ensures a smoother financial journey ahead.
