How To Buy Mobile On Emi With Credit Card?


How do I buy a phone with a credit card?

For Online purchase:

  1. Open any online retail website or app.
  2. Select the smartphone you want to buy.
  3. Click or tap on ‘ Buy Now’ option.
  4. Then select the address and tap on ‘Continue’ option to move to the payment options.
  5. Select the payment mode as EMI and press the continue button.
  6. Select the bank of your credit card.

How can I get EMI on credit card?

You can calculate the EMI on your credit card bill with a record of the interest rate and processing fee which is decided by your bank. The EMI will be calculated based on the remainder of the total purchase amount multiplied by the interest rate and tenure, and processing charges.

How can I buy mobile on HDFC credit card?

It is a unique facility offered by the bank that allows you to buy the mobile phone of your choice simply by using your HDFC Bank Debit Card or Credit Card. Once you make the purchase, you can easily convert it into an EasyEMI, which you can pay over a period of time.

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How can I pay my mobile on EMI?

Payment via Home Credit Mobile App

  1. Login into Home Credit India Android App and Go to the dashboard.
  2. Click on ‘ Pay EMI ‘ Button at bottom right of screen.
  3. Click on Loan for which you want to make payment ( Please Note: If there is only one loan this step will be skipped automatically)

Can I buy a phone and pay monthly?

Instead of paying the full price up front when you buy a new smartphone, you can choose to pay on an installment plan. An installment plan takes the full price of your new device and spreads it across low monthly payments. Plus, you won’t pay any finance fees or interest.

Can I buy phone on EMI without credit card?

How to buy a mobile on EMI without a credit card. Getting a mobile on EMI without a credit card is fairly easy when you purchase through the EMI Network. All you have to do is use the Bajaj Finserv EMI Network Card and enjoy a cashless transaction.

Is EMI good or bad?

Is an EMI scheme good or bad? Although a good EMI scheme is easy on your wallet, you must try to avoid it as the first option. You may not only be spending more than the actual worth of the product, but also splurging first and then relying on EMI payments is not healthy for your finances.

Which bank credit card is best for EMI?

Comparison of Credit Card EMI Facility of Different Banks

Banks Interest Rate Applicable (In Per Annum) Minimum Transaction Amount Needed for EMI Conversion (In ₹)
HDFC Bank Starts from 14%
ICICI Bank 13%-15% 3000
Axis Bank 18% 2500
Kotak Mahindra Bank 13.92%-20.04% 2500
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How does credit card EMI works?

Your bank pays the entire amount at once at the time of purchase. This amount is deducted from the overall credit limit on your credit card. When you make payments through no-cost EMIs, the EMI amount each month is restored to your credit limit. Assume you opt for a six-month EMI of Rs 12,000 towards your credit card.

What documents are required for EMI for mobile?

Documents Required for EMI Card

  • PAN Card. A copy of your PAN Card is required.
  • Address Proof. A copy of your Voter ID / Passport / Driving License / NREGA Card.
  • NACH Mandate. A signed NACH Mandate is required to process your loan.
  • Cancelled Cheque. If applicable.
  • EMI Cheques. If Applicable.

How can I get loan for mobile?

How to Buy a Mobile on EMI Without Credit Card?

  1. Mobile Loan. You can get a loan through a bank, financial institution or even an app on your phone to buy mobile on EMI amount of your choice.
  2. EMI Card. Some banks and non-banking financial companies or NBFCs offer a product known as an EMI card.
  3. Debit Card.

How can I buy I phone on EMI?

No matter how you like to buy, we have an option that works for you. Choose to pay using low monthly instalments with EMI and get upfront savings to cover your interest with No Cost EMI for 6 months. And, if you’re buying a new iPhone, you can exchange your current smartphone for instant credit.

What happens if mobile EMI is not paid?

– An increased interest rate: If you haven’t paid your EMIs, the lender will increase the interest rate and/or levy additional fees and charges on your loan. – A lower CIBIL score: An EMI default would lead to the borrower’s credit score being lowered, which affects his future ability to take debt.

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Which finance is best for mobile loan?

Top Bank/NBFCs Offering Loan for Mobiles

Bank Interest Rate Processing Fee
SBI 9.60% 1.00%
HDFC Bank 10.25% Upto 2.50% Min Rs. 999
ICICI Bank 10.50% Upto 2.25% of Loan Amount
Bajaj Finserv 12.99% Starting from 1.50%, Up to 3%

How can I pay my hero finance EMI online?

How to Make Hero Fincorp Online EMI Payment?

  1. Click on ‘ EMI Payments ‘ under the ‘Recharges & Bill Payments ‘ section.
  2. Select ‘ Hero FinCorp ‘ as your operator.
  3. Enter the necessary user details as asked like loan number etc.
  4. Click on ‘Continue’
  5. Check your EMI Amount, apply the Cashback voucher & make the payment.

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