IndusInd Bank has announced the launch of EMI facility on Debit Card. Now customers can convert their payment into EMI by shopping with a debit card.
New Delhi. In view of the festive season, many private and public sector banks have launched special offers. One such offer has been launched by IndusInd Bank. The bank has announced the introduction of EMI facility on debit cards. Customers can convert their payment into EMI by shopping with a debit card.
If you have a debit card of the bank, then you can convert it into installments by doing offline shopping or any kind of purchase from malls and shops.
Know how you can take advantage of this facility
Customers can avail this facility by swiping/tapping their card at the Merchant POS terminal. However, this facility will be available only at partner outlets with IndusInd Bank.
Partnership with over 60,000 merchant outlets
IndusInd Bank has partnered with over 60,000 offline merchant outlets. This includes large format retail sellers, hypermarkets, multi-brand and stand-alone stores. This includes Consumer Durables, Electronics, Apparels, Automobiles, Home Decor, Hospitals and other products. The bank will soon partner with leading e-commerce platforms to enable online shopping as well.
EMI facility from 3 to 24 months
According to the bank, customers can choose EMI options with tenures of 3, 6, 9, 12, 18 and 24 months. Apart from this, you can also check your eligibility through message on 5676757 by typing MYOF.
Private sector Axis Bank on Tuesday announced that it will offer a discount of 12 EMIs on select home loan products and many online purchases. Apart from this, the bank is offering the facility of on-road finance to the customers on two wheelers without any processing fee.