With the Indus Easy EMI plan, you can convert your large purchases into manageable monthly payments. If your purchase amounts to at least Rs. 2,000, you can convert it into EMIs (Equated Monthly Installments) for up to 24 months. This feature offers flexibility, helping you spread the cost over time while managing your finances more effectively.
The IndusInd Bank Credit Card EMI facility comes with several convenient features to help cardholders manage their expenses:
This facility makes managing your big-ticket purchases and outstanding balances easier by offering lower interest rates and manageable payments.
You can convert your IndusInd Bank credit card purchases into EMIs through the following methods:
With this digital, hassle-free process, managing your credit card purchases has never been easier.
When opting for the IndusInd Bank Credit Card EMI Facility, it's important to be aware of the following key points:
These important points ensure that you are fully informed about the terms and conditions before opting for the IndusInd Easy EMI Facility.
A credit card EMI (Equated Monthly Installment) allows you to convert your credit card purchases into manageable monthly payments over a set period. With IndusInd Bank, you can choose a tenure ranging from 3 to 24 months, depending on your financial preferences. This option helps in spreading the cost of larger purchases, making them more affordable.
To convert a purchase into an EMI, you can use the IndusMobile app. After logging in, navigate to the 'Credit Card' section, select 'Convert Outstanding to EMI,' choose your preferred tenure, and confirm the conversion. This process allows you to manage your payments effectively.
Yes, IndusInd Bank charges interest on EMIs, which can vary based on the tenure and type of EMI plan selected. For instance, post-purchase EMIs may have an interest rate of around 1.5% per month, while merchant EMIs could be at 14%. It's important to review the specific terms and conditions for each EMI plan to understand the applicable charges.
Yes, IndusInd Bank offers the option to convert your existing credit card outstanding balance into EMIs. This can be done through the IndusMobile app by selecting the 'Convert Outstanding to EMI' option and choosing a suitable tenure. This feature helps in managing large outstanding amounts by spreading the payments over time.
The 'No-Cost EMI' option allows you to convert your purchases into EMIs without any additional interest charges. To avail this, ensure that the product is eligible and that the retailer is a partner merchant with IndusInd Bank. At the time of purchase, select the 'No-Cost EMI' option, choose your preferred tenure, and complete the transaction using your IndusInd Bank credit card. This option makes high-value purchases more affordable by eliminating interest costs.
To conveniently handle your IndusInd Bank Credit Cards, you can simply click on the following links: