Uni Paycheck is managing credit card bills can be complicated. The interest rates are steep and the deadlines are hard so it typically involves fiscal hardship.” It lets users break their bills into three equal payments without any interest.
Another special feature of Uni Paycheck is that it offers a 90-day interest-free window, unlike regular credit cards. It means smoother financial planning without additional fees. Uni: Essential Transactional credit with no Charges.
Here is all that you need to know about Paycheck. Discover its advantages, costs, application steps, and what makes it unique.
What is Uni Paycheck?
Uni Paycheck is a pay-later card. It allows users to divide their credit card bill into three equal payments. The best part is there are no additional charges. Users can pay over three months without any interest.
It is launched by Uniorbit Technologies. It works in partnership with RBL Bank, State Bank of Mauritius, and Liquiloans. The card is designed to make payments more flexible and stress-free. Unlike traditional credit cards, UniPaycheck offers longer interest-free periods.
With UniPaycheck, managing monthly expenses becomes easier. Users can avoid high-interest burdens and plan their payments efficiently.
Why Choose Uni Paycheck?
Choosing Uni over a regular credit card has many advantages. It helps in better financial planning and offers user-friendly benefits.
- No annual or joining fee
- Easy bill splitting into three parts
- One percent cashback on full bill payments
- Minimum credit limit of ₹20,000
- Maximum credit limit up to ₹6 lakh
- Secure transactions with encryption
- Accepted at 99.9% of merchants across India
With these benefits, Uni Paycheck is an excellent choice for smart spending.
How Does Uni Paycheck Work?
UniPaycheck works differently from traditional credit cards. It allows users to split their bills into three equal installments. Unlike regular credit cards, there is no extra interest for this facility.
- Regular credit cards require full payment within the billing cycle
- Gives an interest-free period of 90 days
- Users can pay in three equal parts without extra charges
For example, if the bill is ₹60,000, it can be paid in three installments of ₹20,000. There is no additional interest or late fees for this. It ensures smooth cash flow without financial stress.
Features and Benefits of Uni Paycheck
It offers several features that make it an attractive option. Below are its key benefits.
| Feature | Details |
| Joining Fee | ₹0 (Lifetime free) |
| Annual Fee | ₹0 |
| Interest-Free Period | 90 days |
| Cashback | 1% on full bill payments |
| Minimum Credit Limit | ₹20,000 |
| Maximum Credit Limit | ₹6,00,000 |
| Late Payment Fees | Based on outstanding balance |
| Accepted Merchants | 99.9% across India |
| Upcoming Features | EMI options for 6, 9, 12, and 18 months |
These features make Uni Paycheck a powerful financial tool. You are not paying because you want to.
How to Apply to Uni Pay check?
Apply for Uni Paycheck is easy. And the entire process is quick, during which only minimal documentation is required.
- App Store or Play Store- Download Uni Paycheck App
- Sign up using a mobile number
- Introduction of Aadhaar card details and selfie for verification
- Income-to-creditscore verification
- Listen to instant virtual card approval.
- refund frozen money If approved, receive a physical card in 5-7 business days
The whole process is very seamless. Users can start using their virtual card immediately.
Fees and Charges
Understanding the fees is important before applying. UniPaycheck is transparent with its charges.
Late Payment Fees
| Outstanding Amount | Charges |
| ₹1 – ₹250 | ₹0 |
| ₹251 – ₹1,000 | ₹25 |
| ₹1,001 – ₹2,500 | ₹100 |
| ₹2,501 – ₹5,000 | ₹250 |
| ₹5,001 – ₹10,000 | ₹500 |
| ₹10,001 – ₹20,000 | ₹1,000 |
| ₹20,001 – ₹30,000 | ₹1,500 |
| ₹30,001 – ₹40,000 | ₹2,000 |
| ₹40,001 – ₹50,000 | ₹2,500 |
| ₹50,001 – ₹75,000 | ₹3,500 |
| ₹75,001 – ₹1,00,000 | ₹5,000 |
| ₹1,00,001 – ₹2,00,000 | ₹7,500 |
| ₹2,00,001 – ₹10,00,000 | ₹10,000 |
Additional Charges
| Charge Type | Amount |
| Joining Fee | ₹0 |
| Annual Fee | ₹0 |
| Carry Forward Fee | Up to 5.5% |
| Bill Payment Time | 10 Days |
| Card Freeze | After 6 months of inactivity |
These charges are lower than regular credit cards. Uni Paycheck provides a more affordable alternative.
Who Can Apply?
To apply for Uni Paycheck, users must meet specific eligibility criteria.
- Must be an Indian resident
- Minimum age of 25 years and maximum of 60 years
- Must have a stable source of income
- Should have a minimum CIBIL score of 750 for approval
Meeting these requirements ensures quick approval. Users with high credit scores may receive higher credit limits.
Uni Paycheck vs Traditional Credit Cards
Uni Paycheck is different from regular credit cards. Below is a comparison.
| Feature | Uni Paycheck | Traditional Credit Card |
| Annual Fee | ₹0 | ₹500 – ₹3,000 |
| Interest-Free Period | 90 days | 50 days |
| Installment Option | Yes, 3 months | No |
| Interest on Carry Forward | ₹0 | 2-3.5% per month |
| Cashback | 1% on full payments | Limited |
| Late Fees | Lower | Higher |
It provides more flexibility and savings. This allows users to manage their expenditures with ease and avoid incurring interest charges.
Uni Paycheck Customer Support
Uni Paycheck offers customer service in case of any issues.
- Phone: 08068216821
- Corporate Office: Indiqube Sigma, Koramangala, Bengaluru, Karnataka-560034
- Contact Us / Help: (Get Support through the app)
You have access to customer service to ask any questions about your cards.
Conclusion
Uni Paycheck replaces your regular credit card. It is an easy way of controlling the expenses. This is what makes this the best choice as there are no joining fees, flexible payment options, and cashback benefits.
Users can divide their bills into three payments without any added costs. The 90-day interest-free period makes it more attractive. Secure transactions and high acceptance rates add to its advantages.
For those looking for a smarter way to handle payments, Uni is the perfect solution. It eliminates financial stress and makes payments more manageable. Applying is simple, and users can start benefiting immediately.
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