How Debit Card EMI Works & Know How to Pay?

EMI’s or Equated Monthly Instalments are the best way to pay for all your expensive purchases over a reasonable tenure. Many online shopping platforms like Flipkart, Amazon, etc. offer you the facility of making EMI Payments through your Debit Card. This way, you can convert all your high-value transactions into easy instalments using your Debit Card.

With HDFC Bank, you can easily pay your EMIs on a wide range of products on multiple platforms with no minimum limit. Also, you must know that you need not have a credit card to avail this facility; your Debit Card will work just fine.

You can easily pay your EMIs with your Debit Card without needing extra documentation or a security deposit. The system automatically deducts your monthly payments once you link your Savings or Current Account to the portal.

The process of making your EMI Payment through Debit Cards is very easy. All you have to do is:

• Step 1: Add your favourite product to your shopping cart. Proceed to checkout.
• Step 2: If you are at a retail store, ask them for the EMI Option through a Debit Card at the billing counter.
• Step 3: Choose from a time tenure that seems most comfortable to you.
• Step 4: Link the savings or current account with the Debit Card.
• Step 5: Authorise the transaction by providing details like CVV, Expiry Date, Debit Card Number, etc.
• Step 6: Authenticate the transaction by providing the 3D PIN and the OTP you receive on your registered mobile number.
   

With HDFC Bank, you can easily pay your EMIs with your Debit Card. You can choose to repay the loan over six months to one year with a comfortable interest rate of 15% p.a. You will also be charged relatively less compared to transacting using a Credit Card. 
List of merchant partners.
Existing HDFC Bank customers can get their Debit Card reissued within minutes here. New customers can get a new Debit Card by opening a new Savings Account while experiencing hassle-free banking with HDFC Bank.
Looking to apply for a Debit Card, click here to get started.
Know more about protecting yourself against fraudulent access on your Debit Card.
* Terms & conditions apply. Debit Card approvals are at the sole discretion of HDFC Bank Ltd