How can I convert my outstanding credit card to EMI?
In case you want to convert your outstanding into EMIs, you can do so by logging on to your account through net banking and opting for smart EMI options for credit cards. Alternately, you can visit the nearest branch and ask your bank executive to help convert you’re outstanding into EMIs.
Can I convert my credit card balance to EMI?
You can convert most of the credit card payments into the proposed EMI schemes. Although, a Credit Card purchase of gold or any jewellery is not entitled to EMIs.
Can we convert purchase to EMI?
The option to convert purchases, above a certain amount, into Equated Monthly Instalments (EMI) spread over a flexible tenure, is now offered by several banks on credit cards. This option makes it easier to keep your credit card bills more manageable since you don’t have to pay the entire amount in one go.
How do you convert an outstanding amount to monthly EMI in Standard Chartered?
Convert your big credit card spends to small EMI anytime
- Quick 3-step process. Step 1 – Login to online or mobile banking Step 2 – Go to credit card transaction summary Step 3 – Select the transaction you want to convert into an EMI.
- Low-interest rate.
- Flat 1\% processing fee.
- No foreclosure charges.
- Flexible repayment.
- + More.
Can we foreclose credit card EMI?
Ans : The EMI amount is billed to you each month as per EMI scheme tenure, and will always be a part of Minimum Amount Due ( MAD). Ans : There is no foreclosure fees which will be charged, if you want to foreclose a running EMI.
Can I pay my credit card bill in installments?
To convert your bill into EMIs, you need to log in to your Net banking account and opt for the available option(s). Alternatively, you can also call the customer helpline number or visit the branch of the credit card issuer to pay the bill via EMIs.
How can I increase my indusind credit card limit?
There you will have to click on the service request tab and select the upgrade option. Follow the instructions to place a request to enhance your credit card limit. Email: Cardholder can also apply for an increased credit limit request by sending an email to premium[dot]care[at]indusind[dot]com.
Can I pay EMI in advance?
Yes, you can opt for EMI in advance even if the interest rate is a floating rate.
What is Kuch Bhi on EMI?
This is a special promotional offer to select card members only. The card members are selected solely at the discretion of Standard Chartered Bank (The Bank). The Bank may or may not come out with such offers in the future at its discretion.
What is the maximum tenure for credit card EMI?
Repayment Period – The tenure which you choose can range between 6 months and 2 years usually. Some banks also provide a tenure of 3 months as well. You can save yourself some money on higher interest rates by choosing the EMI facility.
Can I convert purchase outstanding to EMIS in IndusInd credit card?
Yes, IndusInd credit cards come with the facility of converting the outstanding dues into EMIs, an abbreviated form of Equated Monthly Installments. You can convert purchase outstanding of ₹2,000 or more into EMIs for tenures of 6, 12, 18 and 24 months. What is Purchase Outstanding?
What is Indus easy EMI facility in IndusInd Bank?
IndusInd Bank comes with Indus Easy EMI facility that helps one to convert big credit card purchases into easy EMI. IndusInd bank also provides the facility to borrow cash against credit card through Indus Easy Loan Scheme. Additional details are mentioned below.
What does “credit card” and “EMI” mean?
“Credit Card” shall mean an unexpired Credit Card issued by IndusInd Bank Ltd.; excluding IndusInd Bank Corporate Credit Card “EMI” or “Equated Monthly Installment” means the equated monthly installment of amounts payable by the Card Member to IndusInd Bank comprising of principal amount, interest and any/ or other charges, if applicable.
When can I request for conversion of transaction into EMI?
Request for conversion of transaction into EMI can be placed within 45 days from the date of purchase. Requests raised after 45 days of purchase will not be converted into EMI