Smartemi

Why Choose Us?

Convert up to 60 Day Old Transactions

Select up to 10 Transactions

Flexible Tenure up to 48 Months

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Smartemi

Interest Rate for
SmartEMI

Starting from 0.99% per month*

(Terms & Conditions Apply*)

View Rates

Exclusive Benefits & Features

SmartEMI Perks

Ease of Accessibility

We offer a variety of purchases through your HDFC Bank Credit Card that you can easily convert into SmartEMI. Inclusive purchases are as follows:

  • Insurance 
  • Groceries
  • Medical
  • Petrol
  • Utility
  • Apparel
  • Education
  • Electronics
  • Travel

Note that any Gold and Jewellery, Gambling linked transaction is not permitted for conversion into SmartEMI due to policy guidelines*.

Flexible Tenure

  • You can choose a repayment tenure based on your convenience, ranging from 6 to 48 months.

Attractive Interest Rates

  • Convert your HDFC Bank Credit Card Transactions to SmartEMI at low and attractive interest rates starting at 0.99% per month*
Eligibility and Documentation

EMI & Repayment

  • Your EMI amount is calculated based on the total transaction value of the Credit Card transactions you wish to convert, the repayment tenure you select, and the applicable interest rate. To check your EMI amount, click here. 
  • Your repayment amount comprises the EMI plus GST, billed monthly starting from your next Credit Card billing cycle. It will be listed under the Minimum Amount Due (MAD) in your Credit Card statement. Refer to the Terms and Conditions for more details.
Ease of Accessibility

Processing Fees & Purchase Transactions

  • When you convert your Credit Card outstanding balance to EMI through SmartEMI, a processing fee up to ₹ 849 (Exclusive of GST for all loan amounts) is applied
  • Transactions more than 60 days cannot be converted into SmartEMI.
  • For any Purchase Transaction through your HDFC Bank Credit Card, any Reward Points earned will be reversed if the transaction gets converted into SmartEMI.

 

Processing Fees & Purchase Transactions

SmartEMI Rates

SmartEMI Rate offered to the customer during the period of  1 st October’25 to 31st December’25

IRR Q3 (2025-26)
Min IRR 11.88%
Max IRR 24.84%
Avg IRR 19.11%

Annual Percentage Rate offered to customer during the period of  1 st October’25 to 31st December’25

APR Q3 (2025-26)
APR 22.71%
SmartEMI Rates

Most Important Terms & Conditions

  • *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.
Most Important Terms & Conditions

Wondering if you are eligible?

  • To check the eligibility of your Credit Card amount for EMI conversion, use the following options:
  • Online: Click here to check your eligibility
  • NetBanking:
     - Click on “Credit Cards”
    - Select your Credit Card
    - Click on “Convert Unbilled Amount to Monthly Installments”
  • Mobile Banking:
     - Click on “Pay”
    - Click on “Cards”
    - Select your Credit Card
    - Click on “Convert Unbilled Amount to Monthly Installments”
  • WhatsApp Banking: 
    Send the text “Convert to EMI” to 7070022222 through your registered mobile number. Enter the last 4 digits of your HDFC Bank Credit Card to continue.

    Select up to 10 transactions for the SmartEMI option. Pick a tenure that works for you & confirm the details.

    Enter the OTP provided to confirm & book your SmartEMI instantly.
  • PhoneBanking: You can reach out to our 24x7 Phone Banking service on 1800 1600 / 1800 2600 to verify your eligibility.
  • Call: our HDFC Bank sales executive will get in touch with you on your registered contact number on confirmed eligibility for the loan.
  • SMS: on confirmed eligibility, you will receive an SMS on your registered mobile number with the loan details.
  • Note: To avail of HDFC Bank SmartEMI, you must currently hold an HDFC Bank Credit Card.

More About SmartEMI

Convert your big Credit Card transactions & bills into manageable installments with SmartEMI. Benefit from low interest rates and turn up to 60 day old transactions into SmartEMI. You can select up to 10 transactions with SmartEMI (both billed & unbilled!). With flexible repayment options ranging from 6 to 8 months and no documentation required, managing your credit card expenses has never been easier.

HDFC Bank SmartEMI is a unique service that allows HDFC Bank Credit Card holders to convert their outstanding balances into smaller Equated Monthly Installments (EMIs). By using SmartEMI, you can spread the cost of your purchases over several months, easing the burden of large, one-time payments & bigger Credit Card bills. SmartEMI offers low and attractive interest rates, flexible repayment tenures, and easy conversion of eligible purchases made using your HDFC Bank Credit Card.

Here are some benefits of HDFC Bank SmartEMI:

  • Flexible Repayment: Choose a tenure up to 48 months that suits your financial situation. 
  • Convert Transactions Easily: Easily convert up to 10 transactions from the past 60 days.
  • Low Interest Rates: Enjoy competitive rates for manageable payments.
  • Instant Conversion: Convert purchases to EMIs quickly in 3 easy steps.
  • No Hidden Charges: Transparent fees with no surprises.
  • Simple Process: Easy application and approval process.
  • Customisable EMI Plans: Tailor EMI amounts based on your budget.

You can check your eligibility for SmartEMI transactions instantly online or through NetBanking.  The digital journey is end-to-end which can be done via Mobile Banking, NetBanking, MyCards & WhatsApp. To proceed with the digital Application, Click here

Frequently Asked Questions

Smart EMI is a facility provided to HDFC Bank Credit Card holders to convert their purchases or outstanding amount into easy monthly installment with flexible tenure ranging from 6 to 48 months. The total loan amount will be blocked against the credit limit.

You can call your RM or avail Smart EMI through Bank Net Banking, Mobile Banking, Phone Banking or WhatsApp. Please check the eligibility tab for further details.

Transactions done on all HDFC Bank issued credit cards except corporate & purchase credit cards can be converted to Smart EMI. Eligibility is however subject to internal policy.

You can avail Smart EMI on a variety of purchases through your HDFC Bank Credit Card except for cash withdrawals, gambling, gold and jewellery related transactions. Refer to T&C for further details.

It’s a pre-approved facility, therefore no documents are required.

Transactions starting from ₹2500 can be easily converted to Smart EMI.

Yes, even if your statement is generated you will be able to convert your transactions to Smart EMI till the statement due date. To convert you billed transactions you can click here or reach out to Phone Banking.

You cannot convert your entire Credit Card bill to EMI. Minimum Amount Due to be mandatorily paid by the statement due date, the remaining amount can be converted to EMI.

Currently we offer 6, 12, 24, 36 & 48 months’ tenures for Smart EMI.

Reward points earned for any transaction will be reversed if the transaction gets converted into Smart EMI.

All your settled transactions in the last 60 days can be converted to Smart EMI.

You can select up to 10 transactions in one request. If you have more than ten transactions, you will have to do multiple journeys.

The minimum loan amount is ₹2500 and the maximum loan amount is ₹10 lakh or credit limit whichever is lower.

Processing fee of up to ₹849 + GST is charged for each Smart EMI booking. This would be part of the credit card statement.

You can easily pre-close your Smart EMI by paying 3% of your outstanding balance as a pre-closure charge.

You can cancel your Smart EMI up to 7 days from the date of booking without any charges. Beyond 7 days, a pre-closure fee will be applied.

The EMI will be billed in the upcoming credit card statement. The EMI will be included in the monthly Credit Card bill and will be part of the Minimum Amount Due which needs to be mandatorily paid.