ZestMoney is an Indian fintech company that provides digital lending services and EMI (Equated Monthly Installment) options for making purchases. The company offers a “Buy Now, Pay Later” platform that allows customers to purchase goods and services online or offline and pay for them in installments over a period of time.
ZestMoney partners with various e-commerce platforms, online retailers, and offline merchants to offer its services to customers. It aims to provide affordable and accessible credit options to individuals who may not have access to traditional credit facilities or credit cards.
Customers can sign up for ZestMoney and undergo a quick digital verification process to determine their creditworthiness. Once approved, they can use ZestMoney’s credit limit to make purchases from partner merchants. The repayment of the loan is done through monthly installments over a predetermined period.
ZestMoney offers flexible repayment options and does not charge any interest on certain purchases. However, there may be processing fees or interest charges associated with specific transactions or repayment terms. The company’s services have gained popularity in India, particularly among young consumers who prefer the convenience of EMI payments for their online purchases.
How To Transfer Zestmoney To Bank Account
Log in to your ZestMoney account
Visit the ZestMoney website or open the ZestMoney app on your mobile device. Enter your login credentials to access your account.
Navigate to the transfer section
Once you are logged in, look for the option to transfer funds or withdraw money to your bank account. The exact location of this option may vary depending on the ZestMoney platform you are using.
Add your bank account details
You will be prompted to provide your bank account information. This typically includes your bank account number, the name of the account holder, the bank’s name, and the bank’s IFSC code. Make sure to enter the correct information to avoid any errors.
Confirm the transfer
Review the details you entered for the bank account and verify that they are accurate. Once you are sure everything is correct, proceed to confirm the transfer.
Wait for the transfer to complete
The transfer process may take some time to complete, depending on the specific processing times of ZestMoney and your bank. Be patient and allow sufficient time for the transfer to be processed.
Check your bank account
After the transfer is processed successfully, check your bank account to ensure that the funds have been deposited. Keep in mind that it may take a few business days for the money to reflect in your bank account.
If you encounter any issues during the transfer process or have specific questions related to your ZestMoney account, it is recommended to reach out to ZestMoney customer support for assistance. They will be able to provide you with the most accurate and up-to-date information regarding transferring funds from ZestMoney to your bank account.