Payment Methods

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IB Credit

Last Updated on October 8, 2025

What is IB Credit?

IB Credit is a "Buy Now, Pay Later" payment facility offered by IndustryBuying for eligible business customers. It allows you to place orders and make the payment within 30 days from the delivery date, helping you manage cash flow while continuing your purchases.

Who is eligible for IB Credit?

IB Credit is available to registered B2B customers with an approved credit limit from IndustryBuying. To apply, please contact our sales or customer support team.

What is the credit limit under IB Credit?

Approved customers can use IB Credit for purchases up to ₹5,00,000, depending on the assigned credit limit.

What is the payment period for IB Credit?

You have 30 days from the delivery date of your order to repay the IB Credit amount.

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How can I use IB Credit for my order?

To use IB Credit:

  • Ensure you are an approved IB Credit customer.
  • Add items to your cart and proceed to checkout.
  • Select "IB Credit" as the payment method.
  • Once the order is delivered, you’ll receive an invoice with a 30-day payment window.

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How can I repay the IB Credit amount?

You can repay your IB Credit dues using the following methods:

  • Online Payment: Use the payment link shared with your invoice or log in to your account to pay online.
  • Bank Transfer/NEFT/RTGS: Details are available in your invoice or from our finance team.

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How can I check my remaining credit balance?

To check your available IB Credit balance:

  • Log in to your IndustryBuying account and go to the ‘IB Credit’ or ‘My Credit’ section.
  • You can also contact your account manager or customer support for assistance.

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Why can't I see the IB Credit option at checkout?

This could happen due to:

  • Your account is not approved for IB Credit.
  • Your credit limit is already used or insufficient for the order value.

Solution:

  • Contact our support team to check your status.
  • Ensure your order value is within the remaining credit balance.

Can I increase my IB Credit limit?

Yes, limit enhancements are possible based on your order history, payment behavior, and business needs. Contact your sales/account manager to request a review.