
- Zip is a premium product, which is only available to a limited set of users. Its approval or rejection is based on the data shared by the applicant/User. Further to this, the approved credit limit is specific to every individual user.
- Zip is a FREE to use product which can be used within the MobiKwik App & on all merchants that accept MobiKwik as a payment option.
- Invoice for the used amount will be generated on every 16th of same month & 1st. of next month in that order. User to repay the same within 5 days from the date of generation of invoice.

How to activate mobikwik Zip:-
- Do not have Mobikwik app. Click here
- Existing user, Update your Mobikwik app.
- Signup/Login with your mobile number.
- A popup menu appear to activate zip.

- Or You will find below image to activate zip.

- Now click on Zip icon and follow required process for successful activation of zip credit up to Rs.5000.
Details on Zip:-
- Invoice for the used amount will be generated on every 16th of same month & 1st. of next month in that order. User to repay the same within 5 days from the date of generation of invoice.
- If the amount of invoice is not paid by User by due date, delay penalties will be applicable based on the amount due & the number of unpaid days as below (With effect from Dec1,2019)

- After on-time repayment of the invoice the utilized amount will become available for re-use in the next invoice cycle.
- Mobikwik retains the right to change this penalty matrix and the same shall be updated on the Mobikwik application, without any further notice to the User.
- Zip credit is provided as a credit line, and your identity, may be reported to bureaus such as CIBIL.
- In case a user delays the repayment by more than a month, it will be reported to the bureaus for non-payment. This will adversely impact the user’s credit score, thus reducing the user’s chances of credit and loan approvals in future.
- Limit of this facility will be frozen if customer fails to make payment by the due date and no further transaction will be allowed using this facility.
- MobiKwik has the right to settle of the dues of User against the MobiKwik.
- For details on terms & conditions follow mobikwik app.
How to pay
Pay through Debit cards/Credit Cards, UPI Or Netbanking
How to use zip money
After activation of zip, you can pay through zip money within mobikwik app & on all merchants that accept mobikwik as a payment option.
ZIP activation free mention kiya hai toh 149 ka charge kyu laga rahe ho
Yes, Now they are charging Rs.149 as activation fee
Activation charge rs 149 for how long day’s
Activation charges of Rs.149 is only for first time!(i.e one time per user)
जिप से emi पर सामान कैसे ले
Update Mobikwik app. You will find shopping loan option under loan tab.