Smartphones play a key role in daily life — from work to learning and staying connected. With flexible pricing options now available, getting a reliable device has become more accessible than ever.
That’s where Buy Now, Pay Later (BNPL) options come in.
These plans allow you to own a smartphone today and pay in manageable installments over time—without the need for a credit card or long approval processes. In this guide, we’ll explore how BNPL works, where to find it, and what to check before committing to any plan.
Why BNPL Is Gaining Popularity
Buy Now, Pay Later plans are especially useful for people who:
- Need a phone urgently but want to avoid large upfront costs
- Don’t have access to traditional loans or credit cards
- Want to split the cost into short-term installments (3–12 months)
- Prefer flexible repayment terms with minimal paperwork
The BNPL trend has grown rapidly in India, with many platforms partnering with smartphone sellers to provide quick approvals and transparent billing.
What Is Buy Now Pay Later?
BNPL is a short-term financing model where:
- You pay zero or minimal amount upfront
- The remaining amount is split into equal payments over a fixed period
- Some providers offer no-cost or low-interest EMIs
You can access BNPL through:
- Online shopping platforms (e.g., Flipkart, Amazon, Croma)
- Smartphone brand stores (e.g., Samsung, Xiaomi, Realme)
- BNPL apps and fintech providers integrated with merchants
BNPL plans are usually approved based on:
- Mobile number verification
- PAN and Aadhaar authentication
- Previous repayment behavior (if applicable)
- Sometimes income proof or UPI transaction history
Where to Buy Smartphones on BNPL
There are several places where you can purchase smartphones using Buy Now Pay Later options. Here are three trusted routes:
1. E-Commerce Platforms
Major online marketplaces have integrated BNPL options during checkout.
Examples include:
- Amazon Pay Later
- Flipkart Pay Later
- Lazypay, ZestMoney, Simpl, Cashe integrated at checkout
Steps:
- Choose your smartphone model
- Select BNPL provider at payment step
- Complete KYC (if not already done)
- Confirm EMI terms and place the order
Benefits:
- Quick setup and approval
- No need for credit card
- Transparent repayment schedule
- EMI tenure between 3–12 months (varies by provider)
Always review the terms carefully before completing your purchase.
2. Brand-Specific Stores and Portals
Many smartphone brands now offer BNPL partnerships via their official websites or retail chains.
For example:
- Samsung’s Easy EMI schemes
- Xiaomi’s Mi Credit
- Realme and Oppo store financing tie-ups
These offers usually come with:
- Minimal or zero down payment
- No-cost EMI on select models
- Instant KYC and digital verification
- EMI support through NBFC partners
This method is ideal if you’re brand-focused and looking for deals on newly launched models.
3. BNPL Apps or Fintech Platforms
You can also use standalone BNPL apps that allow you to shop across partner merchants—both online and offline.
Popular apps:
- ZestMoney
- Simpl
- KreditBee
- LazyPay
- Cashe
You register once, complete your KYC, and get a spending limit. You can then use that limit to buy a smartphone or other products at partnered stores.
Advantages:
- App-wide tracking of repayment
- Flexible plans based on eligibility
- Discounts and cashback (on select transactions)
Some BNPL apps also integrate with UPI, making it easier for users without formal credit history to get started.
What to Check Before Choosing a BNPL Plan
BNPL plans can be convenient, but you should always read the fine print. Here’s a quick checklist:
| Item | Why It Matters |
| Total repayment amount | Some plans may have processing charges |
| Repayment tenure | Longer tenures reduce EMI but add interest |
| Due dates | Late payments may attract penalties |
| App terms and notifications | Missed payments may affect your credit score |
| Partner merchant list | Ensures your preferred smartphone brand is supported |
Stick to platforms that clearly display all charges, terms, and offer transparent repayment reminders.
Sample EMI Illustration
Let’s say you buy a smartphone worth ₹18,000 through a BNPL platform:
- Down payment: ₹0 (zero down payment)
- Tenure: 6 months
- Monthly EMI: ₹3,000/month
- Total repayment: ₹18,000 (no cost) or slightly higher with interest
Some offers may include a one-time processing fee, usually ₹199–₹399. Ensure this is mentioned upfront.
Tips for a Smooth BNPL Experience
To make the most of your BNPL plan:
- Buy from trusted retailers or brand stores
- Choose a plan where you can comfortably manage EMIs
- Avoid multiple BNPL activations at once
- Link your bank account or UPI correctly for auto-debit
- Maintain a record of due dates to avoid penalties
Also, note that consistent repayment can improve your credit eligibility for future loans.
Final Thoughts
Smartphones are essential tools—and you no longer need to delay your purchase due to budget constraints. With Buy Now Pay Later options, you can access the latest models, spread your cost over time, and stay connected without compromising on your finances.
To summarize:
- Choose from trusted BNPL providers
- Compare tenure, interest (if any), and total cost
- Stick to platforms that offer transparent, well-documented terms
- Only buy what you can repay comfortably within the selected duration
With the right provider and repayment discipline, BNPL is a smart way to own the smartphone you need—without the pressure of paying everything at once.