Standard Chartered can give you easy access to convert your transactions to EMI, like if you want to pay your Electricity Bill in EMI you can do so.
This is called Kuch Bhi on EMI
Features
- Interest Rates Starting from 1.49% pm on reducing balance
- Flexible Tenure from 6-48 months
- Convert transactions starting from INR 2000
- No Processing Fee
- No Pre-closure Charges
Table below show the example of Kuch bhi on EMI for??Rs 10,000
| Tenure (months) | Loan amount | Monthly installment | Bank interest rate | Total effective price you pay | Interest paid to Bank |
|---|---|---|---|---|---|
| 12 | Rs 10,000 | Rs?916 | 1.49% PM | Rs.?10,992 | Rs.?992 |
| 24 | Rs 10,000 | Rs?499 | 1.49% PM | Rs?11976 | Rs.?1976 |
| 36 | Rs 10,000 | Rs?361 | 1.49% PM | Rs?12996 | Rs.?2996 |
| 48 | Rs 10,000 | Rs 293 | 1.49% PM | Rs?14064 | Rs.?4064 |
*Calculations assuming interest rate of 1.49% per month
*EMIs will be given on the basis of eligibility
More details Kuch bhi on EMI??(official site)
