Paisa Bana Powerful


Credit up to ₹60,000

Get money to spend at more than 1 lakh brands as per your need

No Interest

Settle the bill on time and enjoy 0% interest facility!

No OTP checkouts

Make 1-click payments at any merchant.

Build Credit Score

Repay your bill on time to build and improve your credit score.

Steps to take loan

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3 steps to ZIP :

1Download the MobiKwik App & signup

2Tap on ZIP icon

3Complete KYC to Activate your ZIP account

Shop online, anywhere
& anytime

From groceries to electricity bills, we’ve got you covered
Explore our network of 1 Lakh+ merchants

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Lending Partners
DLG Disclosure


Outstanding portfolio amount on which DLG has been offered (as on March’24)


Rs.26.17 Cr.


Rs.4.63 Cr.


Rs.0.65 Cr.


Rs.31.45 Cr.

Get started with ZIP Pay Later today!

ZIP Pay Later is a special small credit offering by MobiKwik. ZIP pay later option enables users to get up to Rs 60,000 which can be used to pay bills, shop for clothes, groceries, and electronics, order food, medicines, and much more. With ZIP, users can essentially shop at 1 Lakh plus brands simply from the comfort of their home using MobiKwik and just pay later. ZIP is applicable to brands across the country like Swiggy, Zomato, Flipkart, Myntra, Pharmeasy, and others.

What Does It Offer?

ZIP Pay Later loan equips users with up to Rs 60,000 at 0% interest* which can be used at their favourite brands to shop, order groceries, medicines, food, pay bills, and much more. The ZIP balance can be checked by simply clicking on the ZIP icon. ZIP is one of the special Pay Later options in which the credit allowance increases as the usage increases. So for example, a user might be disbursed just Rs 5000, but if they keep repaying the ZIP bill on time, their credit limit increases and can go up to anywhere up to Rs 60,000.

How Do I Avail The ZIP PayLater Option?

It is very easy to avail ZIP on MobiKwik which enables users to shop now and pay later. All one needs to do is just follow the below-mentioned steps.

How to get MobiKwik ZIP PayLater?

  • Download the MobiKwik app from the play store or app store
  • Open the Mobikwik app.
  • Click on the ZIP icon on the Home Screen
  • Now click on ‘Activate ZIP’
  • And that’s it!

Users will be allowed a credit of up to Rs 60,000 as per their credit history. The disbursed amount can be used to shop at more than 1 Lakh brands and take advantage of buy now, pay later with MobiKwik.

Why Choose ZIP Pay Later By MobiKwik?

There are several reasons why a user should opt for Pay Later apps like MobiKwik. A few reasons are mentioned below.

Improves Credit Score

Repayment of bills on time enhances the user's credit score. First-time credit availers will be benefited since they can use this product to build a decent credit score which will help them in the future to get good interest and high-amount loans.

No More Money Shortage

Since ZIP can be used on 1 lakh+ brands, users don't have to worry about money shortage because ZIP can help them out at that moment and they can repay the bill after 15 days, which essentially gives them a breathing window.

Hassle Free

ZIP involves minimal documentation and no collateral unlike other credit facilities so it's hassle-free and easy to avail for anybody.

0% Interest

The ZIP amount is credited at 0% interest to all the users if the bill is paid on time.

Frequently Asked Questions

  1. What is MobiKwik ZIP PayLater?

    ZIP PayLater is an exciting product by MobiKwik through which you can spend money up to Rs. 60000 without adding to your wallet. You can make a transaction using your ZIP balance and settle the bill later.

  2. How does MobiKwik ZIP PayLater work?

    ZIP Pay Later is very easy to use. You get a credit of up to Rs 60,000. You can use that money to pay bills, order groceries, food, medicines, or shop for anything online and simply pay the bill via ZIP. Your ZIP bill will be generated based on your billing cycle of 15 days or 30 days. So this means you can shop all you want and simply pay it back later. The credit disbursed to a user via MobiKwik is at 0% interest if the bill is paid on time.

  3. Where can we use MobiKwik ZIP PayLater?

    ZIP Pay Later can be used at 1 Lakh+ brands to order groceries, medicines, food, clothes, and electronics; pay bills like electricity, gas, water, DTH Recharge, and mobile; or shop for anything online as per your necessity or wish.

  4. What will be the billing cycle?

    Your billing cycle can be either 15 days or 30 days, subject to usage and performance. You can continue using ZIP to upgrade your billing cycle to 30 days.

  5. How can I use MobiKwik ZIP PayLater?

    Your Zip balance will be available to merchants to use. So, while making payment on any online brand, you just have to choose MobiKwik as your preferred payment mode and your transaction will immediately get through! Yes, it’s that quick and instant.

  6. How can I get the MobiKwik ZIP PayLater facility?

    You can avail ZIP Pay Later facility by MobiKwik. It is very easy to activate. You just need to sign up on the MobiKwik app, click on ‘See All Services’, then click on ‘ZIP/ Pay Later’. Now you just have to click on ‘Activate ZIP’ and voila! It’s done.

  7. How do I increase my credit limit on MobiKwik ZIP Pay Later?

    You can increase your ZIP Credit limit- By using your existing limit to the maximum in every cycle
    By paying your bills on time
    By using ZIP PayLater on maximum brands for shopping, travel, food, and bill payments

  8. Who can apply for Mobikwik ZIP PayLater?

    Mobikwik Zip Payter has no eligibility criteria for activation, making it accessible to anyone, including both employed and self-employed individuals. The activation process is based solely on a credit score, allowing a wide range of people to benefit from this convenient payment option.

  9. What is the repayment process on MobiKwik ZIP Pay later?

    Mobikwik calculates your bill based on your usage and transactions during the billing period. Bill cycle can be either 15 days or 30 days based on performance on Mobikwik.
    15 Days Bill Cycle: For transactions made between 1st to 15th, the bill date will be the 16th and the due date will be the 20th of every month. If the transactions are made between the 16th to 30th/31st, the bill date will be the 1st and the due date will be the 5th of every month.
    30 Days bill cycle: For transactions made between 1st to 30th/31st, the bill date will be the 1st and the due date will be the 5th of the next month.

  10. What happens if I miss the due date on Mobikwik ZIP Pater?

    On missing due date-
    Penalty charges and overdue @ 0.1% per day delayed repayment will be applied
    On delaying by a month-
    Delays in repayment of credit will be reported to credit bureaus including CIBIL. This will reduce your credit score, and chances of getting loans & credit cards in future.

  11. Does MobiKwik ZIP affect the Credit score?

    Yes, If a user delays the repayment by a month, it can be reported to credit bureaus including CIBIL leading to an impact on your credit score. Furthermore, it's worth noting that complete repayments of your Pay Later bill can also contribute to increasing your credit score.

  12. Can I Transfer my ZIP PayLater to my bank account?

    Mobikwik ZIP PayLater balance cannot be transferred to the bank account. You can use your ZIP balance for recharges, bill payments, and merchant transactions.

  13. What are the Grievance Redressal Officer details?
    Lending Partner Name Designation Contacts
    IDFC Mr. Vipul Raj PNO Address: IDFC FIRST Bank Ltd. Building No.2, Raheja Mindspace, MIDC Industrial Area, Shiravane, Juinagar, Nerul, Navi Mumbai 400706, Maharashtra, India

    Customer Care Number: 022-41652700 or 1800 209 9771

    Email Id: /
    SMFG India Credit Mr Ritesh Saxena Grievance Redressal Officer Address: SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.), B Wing, 6th Floor, Supreme Business Park, Powai, Mumbai – 400076

    Phone number: 022-42241220

    Email id:
    Lendbox Ms. Tamanna Mehta Grievance Redressal Officer Email Address:

    Phone Number: 9311393600
    Hero FinCorp Ltd Ms. Monica Arora Grievance Redressal Officer Address: A-44, Mohan Co-Operative Industrial Estate, Mathura Road, New Delhi – 110044

    Phone number: 0124-3633945(9:30 am to 6:30 pm)

    Email id:
    Northern Arc Mr. Madhan Mohan K Grievance Redressal Officer Address: IndiQube Golf View Homes, 6th Floor, Tower B3rd Cross Road, S R Layout, Murgesh Pallya, Bengaluru-560017

    Toll free number: 1800 4198 766

    Email ID:

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Disclaimer: MobiKwik is a loan aggregator and is authorized to provide services on behalf of its lending partners with the best deals.

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