EMI option is not available for products of Jewelry/Precious Jewelry Category
Highlights of EMI options on Snapdeal

  • Only Credit Card by Following banks are valid for EMI Options.
  • Any Debit Card or ATM card or Online Banking not valid for EMI options.
  • EMI option is not available for products of Jewelry/Precious Jewelry Category/ Gold Coins
  • Minimum cart value for  EMI using HSBC, Standard Chartered, Kotak & ICICI Credit Cards is 1500
  • Minimum cart value for EMI IndusInd is 2000
  • Minimum cart value for EMI Axis, Citi, SBI is 2500
  • Minimum cart value for EMI HDFC is 3000
  • Minimum cart value for EMI Amex is 5000

EMI Charges and Interest rate as on 28-11-2015

Know More

Bank3-month6-month9-month12-month18-month24-month
CITI12%12%n/an/an/an/a
HDFC12%12%13%13%15%15%
ICICI13%13%13%13%n/an/a
Axis12%12%13%13%n/an/a
HSBC12.5%12.5%13.5%13.5%n/an/a
Kotak12%12%14%14%n/an/a
Sta Char13%13%14%14%n/an/a
SBI14%14%14%14%n/an/a
Amex15%15%15%15%n/an/a
IndusInd13%13%13%13%15%15%

N/A : No EMI options available for this tenure

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

EMI details on Snapdeal