EMI options and offers from PayTm online shopping
PayTm mall is offering online stores with electronics and fashion products, and for large value items you can buy on Easy EMI with and without Credit Cards.
Some Major Credit cards offer No Cost EMI on PayTM with cashback, if you paid interest of Rs 500 for 3 months EMI. You will get Cash Back of Rs 500.
Below is example of HDFC Credit Card with 3/6 month EMI plan.
So finally you don’t have to pay any extra for 3 or 6 month EMI plans.
| Bank | 3-month | 6-month | 9-month | 12-month | 18-month | 24-month |
|---|---|---|---|---|---|---|
| HDFC | 12% | 12% | 13% | 13% | – | – |
| ICICI | 13% | 13% | 13% | 13% | – | – |
| SBI | 14% | 14% | 14% | 14% | N/A | N/A |
| Kotak | 12% | 12% | 14% | 14% | 15% | 15% |
| AXIS | 12% | 12% | 13% | 13% | – | – |
| HSBC | 12.5% | 12.5% | 13.5% | 13.5% | – | – |
| IndusIN | 14% | 14% | 14% | 14% | – | – |
N/A : No EMI options available for this tenure.
If You have Bajaj Finance EMI card, you can use to get 3 and 6 month EMI without any extra cost.
| Tenure (months) | Loan amount | Monthly installment | Bank interest rate | Total effective price you pay | Interest paid to Bank |
|---|---|---|---|---|---|
| 3 | Rs 20,000 | Rs 6,800.44 | 12.00% | Rs. 20,401.33 | Rs. 401.33 |
| 6 | Rs 20,000 | Rs 3,450.97 | 12.00% | Rs 20,705.80 | Rs. 705.80 |
| 9 | Rs 20,000 | Rs 2,344.32 | 13.00% | Rs 21,098.89 | Rs. 1,098.89 |
| 12 | Rs 20,000 | Rs 1,786.35 | 13.00% | Rs 21,436.15 | Rs. 1,436.15 |
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View Comments
Will I get paytm cashback immediately if I pay through EMI or only by the end of the EMI
Cashback will be added after shipment of the product.
When?
on EMI, can I get cash back?
if I can get cash back,
when will I get?
1) after shipment of product
2) after the payment of emi
On emi, cashback is applicable????
Yes cask back will be applicable
When Cashback will be credited
Will emi option be available on debit cards? And what if we have a Bank of Baroda debit card and none of those shown on ur website
no emi is not available on debit cards
Can we use debit cards to buy products on paytm?
why we are shown full amount deduction message when we apply EMI option..what amount will be deducted exactly....Please reply soon as i want to use EMI option but am confussed about the deduction
It will be convert to full EMI .
I am also having same problem in Paytm.. It shows full amount while paying even though I select emi option while payment.. Please help
Its not a problem, it the way EMI works.
After successful full amount debit it will converted to EMI. So you have to pay EMI only.
Will emi option be available on debit cards?
emi is calculated on the full amount of the product or the price after cash back. Assume i am buying a product worth 70000 and paying for 12 months at @ rate of 13%, what will be my emi ?
For paytm , your emi will be as shown on checkout page. Will update the Paytm EMI process. Be subscribe to this mail list.
i put 3 months emi icici credit card for purchasing j5(Rs.12869). but in the statement it is showing full amount of Rs.12869 due. While on the same day i purchased MI4i on flipkart on the same card, this transaction is showing 1 month installment (Rs.3298+108).
can any one tell me what is happenning with paytm EMI.?
Now, do i have pay whole amount?
From my observation, Your PayTM emi is not converted yet. and still your bill generated.
In this case please check your Online Statement of credit card after 5-6 days the amount should be only EMI.
Can I purchase from debit card choosing emi option
If we cancel the EMI and refund , what will happen to cashback?
Your refund will not have cashback amount.
Product cost: 10000 , cashback 2000. then refund amount will be 8000.
any processing fee for EMI for any bank?