How to Use the Zype App?

What is Zype?

Zype is an app where you can get instant loans, pay bills, monitor your credit profile and track your expenses. All you need to do is download the app and add basic details to get approved for a credit line instantly. You can get multiple loans up to ₹5,00,000 from your Zype credit line.

Key Features of the Zype App

• Takes less than 8 minutes to apply
• Credit line approved under 60 seconds
• Get multiple loans from your Zype credit line
• Choose between 6, 9 and 12 EMIs to repay
• Check your credit score and credit report for free
• Get guaranteed cashback on bill payments and recharges

How to Activate Your Zype Credit Line?

Download the Zype Instant Personal Loan App from Google Play Store

Open the app and complete the following steps to create your account –

• Enter your mobile number
• Enter OTP to verify your mobile number
• Go through the permission details and privacy terms and tap on ‘allow’
• Enter your first name and last name
• Enter your PAN number and date of birth
• Add your Gmail or any other email id to sign up
• Enter the OTP sent to your email id

Once Your Account is Created, Complete These Steps to Generate Your Credit Limit Offer-

• Select your employment type (salaried/self-employed)
• Enter your work email ID, monthly income and your company name
• Verify your employment using the OTP sent to your work email
• Enter your residential address

After this, a personalised credit offer personal loan up to ₹5,00,000 will be generated. You may be asked to upload your last 4 months’ salary bank statement if we need additional information to generate an offer for you.

To accept the generated offer, tap on “Accept and Continue.” If you want a higher limit, tap on “Need Higher Limit” to upload the bank statement and generate a new offer. Click here to know more details about increasing your credit limit.

To Activate Your Zype Credit Line, Complete the Following Steps –

• Enter your Aadhaar number and the captcha displayed on screen
• Enter the OTP you get on your Aadhaar-linked mobile number
• Take a selfie and confirm your identity to complete your KYC
• Add your salary bank account details or UPI ID. Your loan will be transferred to this account
• Tap on ‘Authorize’ to set-up Auto-pay
• Complete e-sign of loan documents and take your first loan from Zype credit line

How to Take an Instant Loan From Your Activated Zype Credit Line?

• Tap “Get Loan” on Zype home screen
• Select the amount you want to withdraw
• Select number of EMIs for repayment
• Review loan summary and EMI details.
• Tap on “Transfer Money” to initiate loan transfer
• The money will be credited to your account in 2-24 hours

Eligibility Criteria

This is what you need eligibility criteria to get an personal loan from Zype:

– For salaried professionals

– Minimum monthly salary of ₹15,000

– Valid PAN Card and Aadhaar card

Do More With Zype

Pay Bills on Zype And Get Flat 1% Cashback

Enjoy the convenience of paying for electricity, FASTag, DTH, gas cylinder, etc from the Zype app and get flat 1% cashback on every payment.

View All Your Credit Cards And Loans in One Place

With Zype Credit Insights, know your credit score, details about your loans and credit cards, repayment information, credit score history, etc.