After the country’s top lender State Bank of India (SBI), IndusInd Bank has launched EMI (Equated Monthly Instalments) facility on debit cards. This will help its customers to convert their high-value transactions into easy installments.
We are delighted to launch an EMI facility for our debit cardholders that will enable them to purchase products of their choice from a wide array of categories, and also give them the flexibility of making payments in easy installments over a period of time. With the festive period having dawned upon us, we are confident that such exciting propositions will add to the customer’s celebration, and propel their purchase decisions,” Charu Mathur, Chief Digital Officer & Head-Business Strategy, IndusInd Bank, said.
IndusInd Bank EMI facility on debit playing cards
Debit cardholders of IndusInd Bank can avail this facility of shopping for merchandise after which select an EMI possibility with tenures from 3, 6, 9, 12, 18, and 24 months.
Here is how IndusInd Bank prospects can verify their eligibility
Customers may even verify their eligibility via SMS by typing MYOFR and sending it to 5676757.
How to transform your purchase through an SBI debit card into EMI
SBI affords an EMI facility for its prospects utilizing SBI debit playing cards as a way to purchase shopper durables from service provider shops by swiping their playing cards at POS. Customers can avail of debit card EMI and online EMI utilizing the next steps:
- Swipe SBI Debit Card on POS Machine on the service provider retailer.
- Select – Brand EMI – Bank EMI
- Enter – Amount – Repayment tenor
- Enter PIN and press OK after the POS machine has checked the eligibility
- The mortgage quantity is booked after the profitable transaction
- Charge slip containing Terms & Conditions of Loan is printed and the shopper has to signal on the identical
