Categories
Amazon India

Amazon India EMI, No Cost EMI & Debit Card EMI March 2018

Amazon India provide EMI for all the Products which value is more than Rs 3000.

There are different options available on EMI on Amazon Like, Credit Card EMI with interest , No Cost EMI on Credit Cards, Bajaj Finserv EMI with 0% interest and Debit Card EMI with HDFC Bank Debit card.

Credit Card EMI

EMI purchases using a credit card is available on eligible items worth Rs. 3,000 or more.? EMI facility can be availed for tenures of 3, 6, 9 ,12 ,18 and 24 months..

Below is the table for Interest rate for credit cards on Amazon India

Plan ( tenure in months)
369121824
HDFC13%13%14%14%15%15%
HDFC Debit16%16%16%
ICICI13%13%13%13%13%13%
Citi13%13%15%15%15%15%
SBI14%14%14%14%
Kotak12%13%14%14%15%15%
StanC13%13%14%14%15%15%
Axis12%12%13%13%15%15%
HSBC12.5%12.5%13.5%13.5%13.5%15%
RBL13%13%13%13%13%13%
Induslnd13%13%13%13%15%15%
Yes Bank12%12%13%13%14%15%

EMI details on amazon India
Note

  1. You can not buy Gift Cards, Precious Jewelry or Digital content with EMI.
  2. You can not combine Amazon Pay balance with EMI.
  3. EMI purchases need to be made on a single credit card and cannot be split across multiple cards.

You can follow these steps to avail product on EMI using Credit Card.

No Cost EMI on Amazon India

Only selected products across selected categories are available on No Cost EMI, this means that you don’t have to pay Extra amount for converting purchase to EMI.

No Cost EMI explained
No Cost EMI explained

No Cost EMI explained English and Hindi

Some Credit cards and Bajaj Finserv? EMI card can be used to avail this facility

Get more Details on Amazon

Debit Card EMI on Amazon India

Debit Card EMI on Amazon? India is available currently with HDFC bank only and?interest rates are fixed 16% for 3,6 and 9 months plans.

You can get more details on HDFC Debit Card EMI here?this guide include how to process and tips.

Comment below if you have any Questions related to this post.

Categories
Snapdeal

EMI Process on Snapdeal with iPad mini

To demostrate the the purchase experience we are going to add Apple iPad Mini in card and will walk-trough the payment process.

1. Select product you want to buy. In our case we have selected iPad Mini

Snapdeal EMI with iPad Mini
Click Image to Enlarge

2. Click on highlighted EMI question mark (highlighted above) to get EMI details,
More Banks added now refer to?snapdeal emi options post for more details.

Click to Enlarge Image

3. Add Product to your shopping cart.

snapdeal emi on mobile

4. After adding shipping details, Click on Credit Card in Make Payment

Select EMI on Snapdeal

5. Select your bank from Dropdown menu

Bank select EMI options on Snapdeal

6. Select EMI plans and Enter Credit card details to complete your order.

Credit Card EMI on Spandeal

Select your product now and go to Snapdeal?, feel free to add comment below?for question you have related to EMI on Snapdeal website.

Categories
Snapdeal

Snapdeal EMI Options and Offers

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

Categories
Infibeam

Infibeam EMI options and offers

Highlights of EMI options on infibeam.com

  • The EMI is applicable only on the purchases/orders above Rs 2000.
  • For HDFC card holders minimum purchase amount is Rs. 3000.
  • All the Products having the “EMI Available” on the product page can be purchased in EMI?s of 3, 6 , 9 and 12 months.
  • No, there is no processing fee to avail the EMI option on infibeam
  • An EMI transaction takes 7-10 days to reflect in your statement.

?Rate of Interest charged by various banks

Bank3-month6-month9-month12-month
CITI
12%12%15%15%
Kotak Mahindra Bank12%12%14%14%
HDFC12%12%13%N/A
ICICI13%13%13%13%
Standard Chartered bank13%13%13%13%
SBI-GE14%14%14%14%

Example of EMI purchase calculation:

Transaction Amount?10000
Annual Interest Rate13%
Tenure(Month)6
EMI to Pay?1730.43
Total Interest Payable?383
Initial Principal?10000
Total Payout10383

You can view more details on infibeam.com

Categories
Shopclues

Shopclues online EMI offer

Shopclues.com have some diffrent calculation than other ecommerce sites in india.

Highlights of EMI plan on shopclues.com

  • EMI Plans Are Available For Citibank And HDFC Bank Credit Cards Only, No Debit Cards Would Be Accepted.
  • Pay In Easy 3 Month And 6 Month Installments
  • Citi and HDFC Banks have Plans for 3,6 and 12 month Installments
  • ICICI Supports 3, 6, 9 and 12 Month Installments
  • No Refund Of Above EMI Interest Amount In Case You Cancel Your EMI Order
  • Payments Are Equally Split Between The Number Of Months Selected ? I.E.- 3 Payments For A 3 Month Plan

EMI Charges and Interest rate as on 11-08-2014

Bank3-month6-month9-month12-month
CITI12%12%N/AN/A
HDFC12%12%N/AN/A
ICICI12%12%13%13%
How does it work?
  • Select A Product From Our Vast Range And Add It To Your Cart
  • Choose EMI As A Payment Option During Checkout
  • Your Payments Will Be Deducted From Your Chosen Credit Card On A Monthly Basis