With 75% of Indian shoppers using EMI for electronics purchases, choosing between Flipkart and Amazon’s EMI options can save thousands. This 2025 comparison covers:
Data Source: RBI Digital Payments Report 2024
| Feature | Flipkart EMI | Amazon EMI |
|---|---|---|
| No-Cost EMI | Available on 80% of products | Available on 65% of products |
| Processing Fee | 0-2% (varies by bank) | ₹99-299 fixed |
| Min. Order Value | ₹3,000 (₹5,000 for no-cost) | ₹5,000 |
| Approval Time | Instant (pre-approved cards) | 2-24 hours (manual verification) |
| Top Partner | Bajaj Finserv | IDFC First Bank |
Example: For a ₹30,000 phone (6-month tenure):
Compare Tools: CRISIL EMI Calculator
| Parameter | Flipkart | Amazon |
| Credit Score | 600+ (650+ for no-cost) | 650+ |
| Debit Card EMI | SBI, HDFC, Axis | Only ICICI, Kotak |
| Cardless EMI | Bajaj Finserv, IDFC First | IDFC First, HomeCredit |
| Salaried Only? | No (self-employed eligible) | Yes (for some NBFCs) |
| Pro Tip: Flipkart accepts lower credit scores for debit card EMIs. |
Official Lists: Flipkart EMI Partners | Amazon EMI Partners
| Category | Flipkart (EMI %) | Amazon (EMI %) |
| Smartphones | 95% | 85% |
| Laptops | 90% | 75% |
| Large Appliances | 80% | 70% |
| Fashion | 30% | 15% |
| Key Insight: Flipkart offers EMI on more products, especially in fashion. |
| Platform | Shortest Tenure | Longest Tenure | Flexibility |
| Flipkart | 3 months | 24 months | Can change during checkout |
| Amazon | 3 months | 18 months | Fixed at application |
| Note: Bajaj Finserv on Flipkart allows 24-month EMIs on appliances. |
| Policy | Flipkart | Amazon |
| Foreclosure Fee | 2-4% of principal | 3-5% of principal |
| Processing Time | 7 days | 10-15 days |
| No-Cost EMI | Loses benefits if foreclosed | Same as Flipkart |
| Strategy: Avoid foreclosure within 6 months to save charges. |
| Metric | Flipkart | Amazon |
| Response Time | 2-24 hours | 1-12 hours |
| Refund Speed | 7-14 days | 5-10 days |
| Grievance Redressal | Email + Phone | 24/7 Chat + Callback |
| Verbatim Review: |
“Amazon resolved my EMI issue in 3 hours; Flipkart took 2 days.” – User on TechEnclave
| Offer | Flipkart (Big Billion Days) | Amazon (Great Indian Festival) |
| No-Cost EMI | All products above ₹5,000 | Select categories only |
| Extra Tenure | Up to 24 months | Up to 18 months |
| Bank Cashback | HDFC (10% off) | ICICI (5% off) |
| Pro Tip: Flipkart usually waives processing fees during sales. |
✅ Pros:
❌ Cons:
✅ Pros:
❌ Cons:
Q1. Which has better approval rates?
Flipkart (via Bajaj Finserv) approves 82% vs. Amazon’s 75% (for sub-700 scores).
Q2. Can I switch EMI tenures after purchase?
Only with Flipkart + Bajaj Finserv (via app). Amazon locks tenure.
Q3. Which platform offers EMI on cheaper products?
Flipkart (₹3,000 minimum) vs. Amazon (₹5,000).
For Lowest Cost: Flipkart’s no-cost EMI with HDFC during Big Billion Days.
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