Step-by-Step Guide to Set Up and Activate Finbud Pay Credit Line
Step 1: Install the App
Open the Google Play Store on your Android device .> Search for “Finbud Pay Credit Line”. > Tap Install to download and set up the app on your phone.
Step 2: Register Your Account
Open the Finbud Pay app once installed. >Tap Sign Up to start the registration. > Enter the following information: Aadhar Number (for identity verification), Mobile Number (for login and alerts), Email ID (for communication and account recovery), and set a 4-digit secure PIN for app login.
Step 3: Enter Personal Details
Fill in your personal and residential information: First Name, Last Name, Residential Address, City, State, and Pincode
Step 4: Complete KYC
From the app’s home screen, tap “Setup your account” to begin KYC. You’ll need to: Upload your Aadhaar images, upload guarantor’s Aadhaar images, enter guarantor details, add your bank account information, and upload a selfie. After successful KYC, you will receive a personalized credit limit based on your eligibility.
(Is your KYC getting rejected repeatedly? Understand why it's happening and how to fix it. Click here to know the reasons for KYC rejection.)
Step 5: Receive Your Credit Limit
Once your KYC is approved, you’ll receive a credit limit notification via email and WhatsApp. This usually takes 5 to 10 minutes, but in some cases, it can take up to 24 hours.
Step 6: Request for e-mandate setup link
Check your email or WhatsApp for this link “ https://activate.finbudcredit.com ”. Tap the link to request an auto-debit e-mandate setup.. Wait for the e-mandate link to be generated.. This also typically takes 5 to 10 minutes, but may take up to 24 hours.
In rare cases, the e-mandate setup request may fail.
If you have already paid the setup charge of ₹147 and your request was unsuccessful, please upload a screenshot of your payment at:
https://payments.finbudcredit.com/requestsetup
This process typically takes 5 to 10 minutes, but in some cases, it may take up to 24 hours.
Follow the on-screen instructions to complete your manual verification.
Step 7: Sign E-Mandate via link
An e-mandate setup link “ https://upimandate.finbudcredit.com ” will be sent to your email and WhatsApp to authorize auto-pay (auto-debit) from your account. This means your account is now ready to enable automatic payments.
Please click on the link and complete the e-mandate authorization to activate auto-debit for your future payments.
Step 8: Account Activation Confirmation
Once the e-mandate is signed, your account will become active and fully functional. You’ll receive a final confirmation message via email and WhatsApp stating: “Your account is now Active.”.. This also typically takes 5 to 10 minutes, but may take up to 24 hours.