Flipkart Pay Later to Bank Account Transfer Trick 2023

So, you want to transfer money from your Flipkart Pay Later to bank account but don’t know how to do it, right? Okay, then stay tuned to this article. Here, we will take you through the steps to transfer money from Flipkart Pay Later to bank account.

If you are using Flipkart Pay Later then you know it’s a credit service. It offers a credit limit based on your credit score, salary, etc. With the credit limit, you can buy products and pay the bills in the next month. Not only this, but you can also buy products on EMIs.

In this article, we will tell you how you can transfer this credit from your Flipkart Pay Later to bank account. So, let’s dive into this…

Transfer Money from Flipkart Pay Later to Bank Account

Flipkart Pay Later is one of the popular BNPL services available in India. Flipkart Pay Later offers up to ₹1 lakh credit limit. You can use this credit to purchase selected products on Flipkart, Myntra, and PhonePe.

If you go to the Pay Later section in the Flipkart app or website, you will not find any option there to transfer the money from your Flipkart Pay Later to bank account. Because you can’t transfer that credit limit to a bank account.

But don’t worry, we are going to share a trick to transfer money from Flipkart Pay Later to bank account. So, follow the steps given below.

1. Select a Product – Open the Flipkart app or website and then select a product whose price is quite more than your Flipkart Pay Later limit.

2. Add Product to Cart – Once you select a product, you need to add this product to your cart for checkout.

3. Choose Pay Later – After that, choose Flipkart Pay Later as a payment method and pay the rest amount with UPI.

4. Proceed to Payment – Once you choose your payment method, proceed and pay the full amount.

5. Cancel the Product – Finally, cancel the product you bought and request your refund. Go to My Orders > Tap on the Product > Edit Order. Choose I want to cancel my order and then tap on Cancel Order. Look at the screenshot below.

6. Complete the Process – After clicking on the Cancel Order button, make sure that the order is cancelled successfully. If the order is cancelled, you will see a message as given in the screenshot below.

After that, the refundable amount might be credited to your bank account through which you paid the remaining amount.

There is no guarantee that this trick will work. We have researched and found out this trick. Anyway, there is no such option by which you can transfer money from your Flipkart Pay Later to bank account, so you can try this trick once.

Also Read: How to Transfer Money from Simpl to Bank Account

How to Use Flipkart Pay Later

To use Flipkart Pay Later, first, you need to activate it from your Flipkart account. After activating your Pay Later, you can start using it for shopping on Flipkart and Myntra. So, let’s know how you can activate your Flipkart Pay Later.

• Open Flipkart and go to the Account section.
• Tap on the Flipkart Pay Later option.
• Enter your PAN number and tap on Activate Now.
• Verify your Aadhaar with OTP.
• Enter your bank account details.
• Tap on Verify and Submit.

Once your application gets verified and approved, you will get a credit limit of up to Rs.1 lakh to spend. Flipkart, with its lending partner, offers this credit based on some factors, such as credit score, monthly salary, etc.

Now, the question that comes to our mind is ‘How to use Flipkart Pay Later?’. To use Flipkart Pay Later, visit Flipkart and Myntra for shopping. All you need to do is –

• Select a product
• Add the product to your cart
• Choose Flipkart Pay Later as a payment method.
• Complete the payment.

That is how you can use your Flipkart Pay Later for shopping. On the 5th of next month, pay the bill of your Flipkart Pay Later. If you choose the EMI option, keep paying your EMIs on time.

Remember – “Always pay your Flipkart Pay Later dues on time. Otherwise, it may affect your credit score negatively. And, if you shop more with your Flipkart Pay Later credit limit and pay the dues on time, there is a great chance that your credit score will improve.”

Conclusion

In this article, we have talked about whether you can transfer money from your Flipkart Pay Later to bank account or not. Actually, you can’t transfer that money to your bank account. However, we have shared a trick with you which you can try once.

If this article is helpful, share this on your social media handles, so others can also learn the trick to transfer money from Flipkart Pay Later to bank account.

Related Posts:

• Flipkart Pay Later EMI Option Not Showing
• How to Unblock Flipkart Pay Later

FAQs – Flipkart Pay Later to Bank Account

Q. Can I recharge using Flipkart Pay Later?

Yes, you can do mobile recharge using your Flipkart Pay Later balance. Recently, Flipkart launched the Mobile Recharge option in their app. So, now you can recharge your mobile on Flipkart using your Flipkart Pay Later.

Remember – You can’t use your Flipkart Pay Later balance to recharge your mobile through any other platform. It’s only available on the Flipkart app or website.

Q. How to check Flipkart Pay Later balance?

You can check your Flipkart Pay Later balance on the Flipkart app or website. So, open the Flipkart app > tap on Account > click on Flipkart Pay Later. There you can see your available limit.

Q. How to transfer Flipkart Pay Later balance to bank account?

It is not possible to transfer your Flipkart Pay Later balance to a bank account. However, you can try the trick that we’ve provided in this article. This trick may help you transfer your Flipkart Pay Later balance to a bank account.