Snapmint: Buy Now, Pay in EMIs

Snapmint

About this app

Want to shop online on no-cost installments but don't have a credit card? Get a credit line on debit card/UPI from Snapmint. Buy now, pay later in EMIs!
Snapmint gives you access to buy on credit across 1000+ electronics, fashion, and lifestyle brands. Your dream mobile, headphone, sports shoe, watch or TV is now a reality. Just buy today with some down payment and you can pay later in easy monthly installments. You can also avail of no-cost EMI options on a lot of products. You can also purchase products from top online and offline stores like Amazon, Flipkart, Myntra, Shopper’s Stop, Kaya and 800+ merchants and payback in easy EMIs.
Why should you choose Snapmint?
• Shop online on installment. No credit card required
• No cost EMI available
• 0 Downpayment plans available
• No Preclosure fee
• Choose from a wide range of products and top brands across lifestyle, electronics, and appliances
• Affordable and friendly payment terms
• 100% online application process
• No application fees
• Secure and convenient payments
How can you get started?
• Register on Snapmint App
• Get your Credit Limit
• Shop Online/Offline
• Pay Later in Instalments

Who can get a Snapmint Credit Limit?
• Age 18 or older
• PAN Number required

Personal Loan is available for Premium Customers
Snapmint allows its premium customers making advance or on-time payments an opportunity to take a Personal Loan of up to Rs. 40,000. The loan tenures can vary from 3 – 12 months with a maximum annual percentage rate (APR) of 35%. APR ranges from 16% - 35%.
For example
Principal Amount: Rs.40,000, Processing Fees (charged upfront): Rs. 1,800, Tenure: 5 months, Interest Rate : 34%, Monthly Payment/EMI: Rs. 8,694. Interest Amount: Rs. 3,470, Total repayment amount: Rs. 43,470

Ratings and reviews

I had posted a really good review in the early days but it seems like things are not that great. I placed an order through Amazon and followed the steps. I was told an email would be send with the voucher details but that email never came. The refund was completed my down payment but the credit limit has not been reinstated. Disappointing.