Best Pay Later for Students in India (2023)

If you are a student and you have heard about pay later, then this question must be coming in your mind that how you can use pay later. So, in this post we will tell you the best pay later for student apps, along with this we will also tell you what are the advantages and disadvantages of pay later and what it can do for the students.

What is pay later for students? 

What is pay later for students? If you have this question, let us tell you that some pay later apps are specially made for students. Students can create a pay later account by entering their documents like Aadhar card, PAN card, student card etc.

Now the question comes which are the best pay later for students in India which students can use or which are the best pay later for students apps which have been made for students. So let us tell you that no such app exists in India yet which has been specially designed for students, but there are many best pay later apps which students can use.

How to select a pay later

Let us now tell you how you can choose someone for yourself later.

Credit limit: First of all you have to decide how much credit limit you need for your expenses. After that you should choose such pay later in which you can get the credit limit as per your requirement. So this is the first step to choosing the best pay later for students.

Repayment period: Whether you are a student or a salaried person, before choosing any pay later option, you should know its repayment period. Mostly the repayment time of BNPL is 5th of the next month.

KYC Process: Before choosing any pay later, you should also know about its KYC process. If you are a student then what documents do you have and what are the documents required to use that pay later? It is better to use the same documents you have to activate pay later.

Pros and cons of pay later for students


Build Credit Score: If pay later is used properly while being a student, then the student can build a good credit score so that in the future, when he needs money, he can easily get many options of loans.

Early know about finance: Many such researches claim that everyone should have knowledge of finance, only then he can get a better position in his life. So if a student uses BNPL then he will get information about loan and finance very quickly.

Easy to Buy Study Material: Every student is given money by his family for his expenses, but sometimes there is a delay in getting the money and some study material has to be bought immediately, then “Buy Now, Pay Later” proves to be very helpful in this also.

Less documents required: A student has very few documents and at the same time he does not have any kind of job. So in such situations, it is very beneficial for the students because you must know that very few documents are required in pay later.

Fast approval: In pay later, approval is received very quickly, mostly in pay later, approval is received within just 1 to 2 minutes.

Interest free: You must also know that pay later is absolutely interest free, no interest of any kind has to be paid in it.


Extra burden: Students already have many burdens, from studies to family, but pay later can become a new burden on them, if they are not used properly.

Bad impact on Credit Score: As we told you above that using pay later can improve your credit score, in the same way pay later can also make your credit score useless. Sometimes a student does not have money to make the repayment.

Effect spending habits: There is a lot of research and our own experience that pay later/credit card becomes a reason for spending more. These things are designed in such a way that the user spends as much as possible.

Documents required for students pay later

Documents required for students pay later - Pay Later for Students
Documents required for students pay later

The student does not have many documents, so let us tell you what documents the student has to give to activate pay later.

  • Aadhar card
  • PAN card
  • Selfie
  • Bank account details
  • Mobile number

Pay later for students instant approval apps 

Amazon pay later

As most of the students have to order some study material from Amazon, then amazon pay later can prove to be very helpful for them.

Activating Amazon Pay later is also very easy. If you have previously created your Amazon account and you keep ordering products from Amazon, then you have to use the same account.

In this, to activate BNPL, you will have to enter your PAN card and Aadhar card number and enter the UPI ID of your bank account and your BNPL account will be activated in just 1 minute.

One thing you should know is that your age should be more than 23 years, only then you will be able to activate it.

We have included amazon pay later in our list of best pay later for students because it provides the option to make payment on prepaid mobile, postpaid mobile phone, subscription and other similar platforms.

Pay Later App Name  Amazon India
Credit limit  ₹60000
Rating 4.0
Downloads 100M+
Activation Fees 0


Flipkart pay later 

The name of the second BNPL which can be good for students is Flipkart pay later. Flipkart pay later is also exactly like amazon pay later.

Using this, you can also order any product from Flipkart as well as from Flipkart’s other partner e-commerce platforms Myntra, Shopsy.

But we have included Flipkart Pay Later in the list of Best Pay Later for Students because any student who is 18 years of age can activate it.

Pay Later App Name  Flipkart
Credit limit  ₹100000
Rating 4.2
Downloads 500M+
Activation Fees 0


Olamoney postpaid 

If you want to create a BNPL account in an easy and without much KYC, then you can use OlaMoney postpaid. In this you will not have to give any details, you can activate OlaMoney postpaid account with just your mobile number.

You just have to be a regular user of Ola and you will immediately get a credit limit of up to Rs 10,000.

If you want a credit limit of more than Rs 10,000 then you will have to complete your KYC.

Let us tell you that apart from Ola ride, you can use Ola postpaid money at many other places also. For this reason it has been included in the list of Best pay later for students.

Pay Later App Name  Ola Money
Credit limit  ₹10000-1000000
Rating 2.4
Downloads 1M+
Activation Fees 0



Using Postpe you can easily make payments at many places. You can also make payments to offline and online merchants. Payment can also be made to any of your friends or relatives through Postpe.

Apart from this, Postpe is very easy to activate. Let us tell you that Postpe has been developed by Bharatpe. 

In Postpe, the credit limit available to the user ranges from Rs 1000 to Rs 10 lakh and this is the BNPL giving the highest credit limit till date in India.

Pay Later App Name  Postpe 
Credit limit  ₹1000000
Rating 3.8
Downloads 5M+
Activation Fees 0


Paytm postpaid

Paytm’s Paytm postpaid is also a very good BNPL option. If you use Paytm, then in the same app you will get the option of Paytm postpaid and from there you can activate your account within a few minutes.

The lending partner of Paytm postpaid is Axis Bank, in this you will need Aadhar card and PAN card number and you can activate it with your mobile number. You can get a good credit limit in just 2 minutes.

Let us tell you that you can get credit up to Rs. 60 thousand in Paytm postpaid.

Pay Later App Name  Paytm 
Credit limit  ₹60000
Rating 4.5
Downloads 100M+
Activation Fees 0



According to many websites, Slice is the best BNPL for students and according to us too, Slice can be the best Pay Later for students.

Let us tell you that if you want to get a credit card but you are a student, that is why if you are not being given a credit card by any bank or finance institute, then you can get a credit card by creating your account on Slice.

You can use Slice’s credit card anywhere as per your convenience and you will not need many documents to activate it.

We have included it in our list of Best Pay Later for Students because it gives two percent cashback on every transaction and many types of rewards are available on the use of the card. We will also tell you that you can get credit up to Rs. 10000 in this.

Pay Later App Name  Slice 
Credit limit  ₹1000000
Rating 3.6
Downloads 10M+
Activation Fees 0


Final thought

So from our side we have tried to tell you many best pay later for students. Which pay later for students did you like? You can tell by commenting.

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