McCoy Mart offers you a 45-days interest-free credit period. If you fail to make the full payment within 45 days, you will be charged a daily interest post tranche period at 0.075% on the remaining amount. Also, necessary legal actions will be taken if you default the payment.

No, you don’t need to provide anything as collateral security for getting 45-days no cost credit benefits from McCoy Mart. Your basic KYC and 12 Month bank statement is enough to get benefitted.

Your credit limit largely depends on various factors like the age of your business, CIBIL score, annual turnover & more. Just to give you a number, your credit limit can go anywhere between 5 Lakhs to 2 Crore INR. Allow us to check your credit limit by filling up the form.

There is no processing fee if you opt for credit financing before 31st January 2025. However you will be required to pay for the stamp duty i.e., INR 1000 while applying for the credit with McCoy Mart. There will be 0.5% charge on the sanctioned limit if you will apply after the 31st January, 2025.

In order to enhance your credit limit on McCoy Mart, you need to keep buying from us and payback on time. After 3 months we will re-evaluate your paying history to enhance your credit limit.

In order to make the part payments of the total credit taken by you, you need to visit the partner website or mobile app and initiate your part payment there. Your credit limit will be updated on McCoy Mart after 24 hours.