My credit card limit is 30k and I want to buy laptop (price 46k). How I can buy?
If you do not have problem of instant liquidity, then load your credit card with 16k first by making a NEFT transaction of said amount to your card. Now you can buy a product worth rupees 46k with your card. If you donot have liquidity, check for overdraft limit with your bank, if they permits you can make the transaction but this will mean heavy charges on your card. So try avoiding it. Some E-commerce websites and most offline stores allow using multiple cards for a single payment. You can use that facility to pay 30k with your credit card and remaining money by other card or another mode. But here you will loose on some benefit you might be geting from the payment via your card like cashback offers.P.S. - EMI won't work as suggested by some, as even for an EMI transaction you need to have the credit limit available in your card. Also, an EMI transaction blocks the card's credit limit for the unpayed amount.
How do I buy MacBook pro on EMI (Without Credit card) (I have a salaried account)?
You can buy a MacBook Pro on EMI without a credit card through the No Cost EMI option.This payment option can be availed by individuals with a salaried account as well. It gives you the benefit of paying for your purchase in installments, like in case of credit cards but without the need to pay interest for the same. Moreover, there are no hidden costs or additional charges to be paid.You can apply for an EMI Card online if the bank/NBFC you make regular transactions which provides this facility.If not, then you will have to find a partner store that offers this facility and apply for the card on-the-spot while buying your MacBook Pro. You will have to provide:An open,duly-signed ECS (Electronic Clearing Service) mandateOne passport sized photographValid photo ID proofAddress proofOne cancelled cheque.The EMI which will be debited from your account every month will include a fraction of the MRP. As of now, for a MacBook Pro worth Rs 1,57,000 on Flipkart will cost you Rs 52,334 per month (3 Months) or Rs 26,167 per month (6 Months) depending on the tenure you choose. So , apply for Bajaj Finserv’s No Cost EMI Card and buy your favorite electronic, lifestyle, electronic and more products.
Can we use EMI for online shopping with an SBI debit card?
Yes, you can use EMI for Online Shopping with SBI debit cards. Currently this is only available on Flipkart.There will be no processing fees and you can have one EMI per account, maximum limit for overdraft is Rs 75,000. Minimum purchase required is Rs 5000 with single item in card.How to check my approved limit for Debit Card EMI?You can check your pre-approved finance limit online.Go to this Link SBI-FlipkartFor Pre-approved Overdraft for e-Commerce purchases on Flipkart enter your Mobile number and account number.You will receive OTP , once you enter correct OTP you will get another SMS from SBI stating your Credit Limit.How to Buy using SBI debit card EMI ?You can easily buy on debit card EMI following below step-by-step guide.Select product you like to buy View Eligible ProductsGo to the checkout with One item only which is eligible.In Payment section go to EMI (Easy Installment)Select Pre-Approved / Debit EMIThings to RememberThis facility can be availed only 8:00 AM to 8:00 PMValid only on 1 item in cartMin Rs 5,000 and Maximum Rs 75,000 item3,6 and 9 month emi with 14% interest.No cacellation fees upto 30 DaysSource
What is the minimum amount due of an HDFC credit card payment?
Thank you for the Ask to Answer Bhavana.The minimum amount due is usually a small percentage of the total amount due and will be mentioned on your credit card statement each month. It is the least amount of money you have to pay before the due date to avoid a late payment charge. Late Payment Charges on HDFC cards vary from Rs 100 to 750 (18% GST additional).However, do remember that paying just the minimum amount will only help you avoid late payment charges but you will still have to pay the interest on the principal amount that is due.For example if your total bill is 20,000 and there is a minimum amount due of Rs 1,000 before 15th January. If you pay Rs. 1,000 on 14th Jan and plan to pay the remaining 19,000 on 25th January, then you will also have to pay interest on this 19,000 for the span of these 10 days (16th Jan to 25th Jan). For most HDFC cards the APR is 40.8% meaning a 3.4% interest per month equating to in this case an interest of Rs 212 + 18% GST = 250 for 10 days on 19,000.If you plan to pay this 19,000 not on 25th Jan but on your next cycle then you will accumulate an interest of Rs 637 + 18% GST = Rs 752Moreover, paying just the minimum amount due affects your CIBIL score badly, something which you want to avoid if possible.So tl;dr : Please pay the full amount before due date. Min. amount due should only be for an emergency case.-Gunjeet Singh - Co-Founder @ GalaxyCard - Get a Credit Card in 5 mins
Does Flipkart accept debit cards for EMI payment or not?
Yes, Flipkart is now accepting debit cards for EMI payments. You can check the eligibility by sending a SMS “DCEMI” to 57575 from your mobile number registered with flipkart. Or Alternatively you can look for Debit Card EMI payment option during checkout.
What are the best iPad offers in India?
Get Amazing offers on iPad Pro. IndiaiStore - An Apple Authorised Distributor in India providing 0 down payment on EMI transaction with selected credit and debit cards.Buy Apple iPad Pro (10.5 inches) on zero down payment and EMI starting from ₹2,463.Apple iPad offer is valid on following Bank's Credit Cards:American ExpressAxis BankCiti BankHDFC BankHSBC BankICICI BankJ&K BankYES BankRBL BankIndusInd BankUnion Bank of IndiaState Bank of IndiaKotak Mahindra BankStandard Chartered BankFollowing Condition Apply:EMI for 24 months tenure.EMI amount will be calculated on the MRP.EMI amount will vary as per invoice value.Offer is valid on selected Apple Premium Resellers.Offer may revise or withdrawn without any prior notice.Offer valid for transactions made using Brand EMI option on Pine Lab terminals.
Can I buy the item in emi which is above the credit card (total amount without emi) limit?
In most cases, all transactions that you make are required to be within the credit limit of the card that you possess. In case the item that you want to buy is priced more than your credit limit, your card may allow it depending on the repayment history you have. However, you will have to incur hefty charges for this extra amount. In case the item is priced way over your credit limit, then you cannot purchase it with your credit card. Your relationship with the bank also plays a vital role here.In case your purchase goes beyond the limit, it is taken as a loan. All subsequent purchases will then be stopped till it comes below this credit limit again. When it comes to EMI finance and EMI card options, you can choose Bajaj Finserv EMI card. Which is a pre-approved loan offering that you can use to purchase all your desired products across multiple categories and at multiple online and offline stores. Once you select the EMI plan and swipe the card, instant approvals are provided. You do not need any documents and can choose flexible tenures as well.You will also be able to enjoy several pre-approved offers on your card which definitely sweeten your deal! Your card limit generally varies between INR 30, 000-3, 00, 000 which is the maximum loan amount that you can get. This is not a credit card; instead, it enables you to transfer your purchases into low cost EMIs. Now you can buy your favorite lifestyle, digital and other consumer products in addition to apparel, accessories, appliances and what not! You can also book hotels and holiday packages with this card. This is certainly a better option as compared to shopping online with a regular credit card in case the desired item goes beyond the card limit. The charges are also lower in this case.For more information on easy EMIs, click here.
How can I buy a mobile phone with Emi, with debit card?
This is how you can buy a mobile phone on EMIs using your debit card:Go to Finomena.Select the mobile phone you want to buy from the same website (Finomena), or copy the link (URL) of the product (phone) from one of the e-commerce websites, and paste it on Finomena.For example, this is a product link from Amazon: Apple iPhone 7 (Rose Gold, 32GB)Paste it in the designated area on the app or website.3. Customise your loan - select the downpayment, tenure and EMIs as they suit best to your finances.4. Apply for a loan5. Upload the required documents (Aadhaar, bank statements etc. for verification and creditworthiness analysis)6. Get approved7. Make the downpayment8. Your product will be delivered to you9. Pay EMIs using any of your debit cards (SBI debit card, ICICI debit card, HDFC debit card etc.)