Anushka Rathod Instagram – Exciting news!
UPI has just introduced Pre-sanctioned Credit Lines to make your financial life easier.
Basically, this is like a “Buy Now, Pay Later” service through UPI!
With this, you can use a credit line from your bank to pay for things with UPI even when you don’t have enough money in your account or wallet.
This new feature can be handy for when you need money quickly for your working capital needs and unexpected emergencies.
But, it’s important to know that it’s not entirely free.
there are processing fees involved and the interest rates can be on the higher side.
So, before diving in, make sure to carefully review all the details to make an informed decision about using this feature. | Posted on 02/Oct/2023 18:31:08
