How to Repay Your Zype Loan?

This blog aims to tell you the step-by-step process of repaying your Zype loan EMI.

    1. Open the app and tap on the ‘Account’ button at the bottom-right corner of the screen.
    2. On the next screen, you can see your due amount. Tap “Pay Now” to initiate repayment.
    3. Choose due amount or enter a custom personal loan to repay.
    4. Choose your preferred payment method from Debit card, UPI and Net banking to complete the repayment process.
    5. You’ll get the payment confirmation message once the payment is successful.

Benefits of Paying EMIs on Time

1) Get Higher Credit Limit on Zype

Paying your EMIs on time can increase your eligibility for a higher credit limit on Zype. This also helps to increase your credit score.

2) Improves Credit Score

Your timely EMI payments prove that you can manage your credit responsibly. Each timely repayment adds on to positive payment history and increases your credit score.

3) Avoid Penalty Charges

Lenders usually charge late payment fees if you don’t pay your EMI on the due date. Paying EMIs on time will help you avoid this extra cost.

Also ReadMissed Your EMI Payment? Know Its Consequences

Download Zype App​

Categories

Archives