Step-by-Step Guide to Set Up and Activate Finbud Pay Credit Line
How to Set Up and Activate?
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: Setup E-Sign and activate
Tap the E=Sign and activate option from app home screen and complete setup. This also typically takes 5 to 10 minutes, but may take up to 24 hours.
Step 7: 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.