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How to check debit card emi eligibility


How to check debit card emi eligibility



How to check debit card EMI eligibility?



Amazon EMI on your Debit Card Friends first whenever you want to buy a product from Amazon on EMI That is, wanted to buy on the instalment.

So you needed a credit card to pay it but now Just a few days ago Amazon Amazon has launched its own EMI on your debit card Under which you can from amazon Any product up to Rs.1 Lakh can be purchased by using your ATM card on the instalment of money. 

  • What is Amazon EMI on your debit card? 
  • Under this, any product we have from amazon on EMI using our own debit card 
  • Which documents are required to buy the product here? 
  • which term and condition may have to be followed?
  • How will the payment be on the new That total money will be deducted from our bank at one go Or will the installation by instalment be cut off like monthly EMI like a credit card?
  • That means the payment will be completed here And the most important thing 
  • Many people say That their card here is not eligible for debit card EMI Some people also say that Under Debit Card EMI, 
  • If you purchase any product So after buying the product In, do you have to pay a lot of extra charges?
  • How you can check the eligibility of your debit card If your debit card is not eligible?
  • How can you make your card eligible for debit card EMI?
  • After purchasing the product here Which extra charges have to pay?


What is EMI on your debit card service?

Amazon says under this service Any product up to 1 lakh rupees from amazon Using your debit card ie ATM card on EMI or no-cost EMI if on that product no-cost EMI offer is going on So you can buy that product at No Cost EMI Your ATM card, ie the bank account to which your ATM card is connected whether the bank account has money or not It does not make any difference.

How to order when there is no money, To purchase any product under Debit Card EMI You do not even need any of your documents. 

But, Here you have to follow some terms and conditions So what are those conditions There is the first condition in debit card EMI That you have an ATM card with which you want to buy the product on EMI It should only be of 6 banks 

So which is that 6 banks That bank is friends HDFC, ICICI, Federal Bank, Axis bank SBI & Kotak Mahindra Bank 

If you have a Debit card from any one of these 6 banks Only then you will be able to buy any product on EMI from Amazon This is the other condition 

 That if you have here HDFC Bank, ICICI Bank, Federal Bank & Axis Bank Out of these four banks if the debit card of this bank is Then the product you want to buy on EMI The price of that product should be minimum 5000. 

That is, the product you want to buy should be priced between Rs.5000 to Rs. 1 lakh Only then you can buy that product on EMI.

Same if you have a debit card of SBI or Kotak Mahindra Then the product you want to buy on EMI The price of that product should be a minimum of 8000 That is, it should be priced between Rs.8000 to Rs.1 lakh Only then you can buy that product on debit card EMI. 

So here if you are following these two conditions So can you buy any product on EMI from Amazon? No friends 

Here you are not given EMI to all cards of these banks These banks have only a few cards which are eligible for Debit card EMI So in those eligible cards have your card or not? You have to check That is, you have to check the eligibility of your card 

How do you check eligibility?

 Here are 2 ways to check the eligibility of your debit card In a first way The mobile number you have registered in your card You have to message from that mobile number 

Like if you have an ATM card of HDFC Then the mobile number registered in your HDFC card From that write a message "MYHDFC" to "5676712"

Same if you have an ATM card of Kotak Mahindra Bank Then, the mobile number registered in that ATM Card Write "DCEMI" last four digits of atm card number And the message has to be messaged on "56767788" 

The same process also happens in the debit card of Axis Bank you also have to message with registered mobile number "DCEMI" Last 4 digits of the debit card number And send it to "5676782" 

But if you have a debit card of SBI So in that you have to write normally "DCEMI" and message it to "567676" 

So as soon as you message So shortly after messaging From there you get an auto-generated message reply In which mention that That your debit card or ATM card is eligible for debit card EMI or not If eligible for debit card EMI So how much amount of product you buy on EMI.

It also keeps telling you in the same message So friends, this is the first way to check eligibility Friends are having a problem in this way So why is the problem happening The problem is because Because everybody recharges the unlimited calls Because of which I do not have balance in their sim 

Due to which messages of some people do not go away And what happens to some people From there the message is not coming in the reply due to network problem So both of these problems come with the peoples And people think that the article itself is misinformed 

So the people with whom this problem is coming So how will they check eligibility of him debit card So there is another way for them So how would we check in other ways 

In the second wire, you have to do The debit card you want to check eligibility for EMI You have to add it to your Amazon account in advance in the payment method 

So when your debit card is added ion your amazon So after being added, you Searching for debit card EMI in the amazon search bar Then first a link will open for debit card EMI you have to click on debit card EMI 

You will then be taken to the page of debit card EMI, You can go to that page by clicking on it So after going there If you go there before saving the card So there, will tell you some information about Debit Card EMI 

But if you go after the card added to the Amazon account. And if your debit card is eligible Then you will get a message on that Congratulations, your debit card is eligible for EMI And the bank whose card will be The logo of that bank will be So this way you will know which debit card is eligible for debit card EMI 

But from here you will not know that How much amount of product can you buy on debit card EMI from Amazon? 

For that you have to adopt the first method Then the message will become from there In that message, you will be told as Eligible EMI Amount So from that you can know how much amount of product you can buy using your debit card 

So there are both ways to check eligibility So if your debit card is eligible So how will you buy the product with a debit card EMI Nothing much to buy product The way you buy any normal product, In the same way, you have to buy Normally you have to select the product 

The Product that you want to buy on EMI After that you have to click on Buy Now or Add to Cart Then you have to proceed to pay & then come to the payment gateway while continuing The way all options are available for payment gateway Will still show you the same way 

But if you have already added a debit card Then he will also show your saved Debit card In which you have the option to fill CVV directly But if you haven't saved if you don't save your debit card before 

So there is a debit card and credit card option Or which is the option of EMI, You can select anyone in both There will be an option to fill the card detail after selecting So in them you have to fill the debit card details Then add that card Once the card is added, this card will also look like a saved card So look at the debit card which is not eligible for EMI 

You will not see any option of any kind But which card is eligible for debit card EMI As soon as that card is saved, then an option of PAY IN FULL under it will go one you have to click on that as soon as you click on pay in full then there will showing some more options

Like that would be the first option is Pay in Full, And below that will be the detail of the EMI Month That is, if you buy the product on EMI So how many months can you get to pay In this, the first option will be 3 months EMI 6, 9, 12, 18, & 24 months You can get up to 24 months option After that, you will also be told on the same 

How many months will you take for EMI payment, then how much amount you have to pay per month And after that, if on that product no-cost EMI going on So no cost will show

 Otherwise, you will have as many months as you How much interest will you have to pay in that month He will also be told on the same And the amount which is shown there EMI amount That's the final amount After adding interest, 

how much amount you have to pay per month That amount shows there And then the interest is extinguished That how much per cent interest is being paid here The only interest show there that this interest rate is applied on this amount

So now it comes that people who want to buy on no-cost EMI How will they buy on no-cost EMI How will they know which product is getting on no cost? 

This is where interest is showing you If there is no cost EMI offer on any product Then, instead of pay interest, there will be a red colour with no cost written on it Then you will know that if you take so much money then you can get no cost So here according to you

As many months as you want You to have to select that option as soon as you select EMI month option So all three things below that EMI Amount, Interest, & EMI Month These three things will look the same in your detail 

Which has to be carefully checked and then continue Then you will be taken back to the previous page Where it was written Pay in full Now the month you have selected the EMI will show the month And then friends will have the option to fill the poem there. fill CVV number & continue 

Then an OTP will be sent to your mobile number Here is the way you fill normal OTP Won't be that way here, there can be an option to select EMI month while filling the OTP But this does not happen in all banks 

So these friends are normal for people who also do online shopping They will easily cross it So here OTP has to be filled then click on submit So here you will get paid Your order will be placed, So in this way you can order any product by on EMI using your debit card. 


When it comes to deducting money here, How much money will be deducted from your bank account now, When you place order Friends whenever you place an order?


At that time you do not deduct even one rupee from your bank account That is 0 rupees deducted Whether you have money in your bank account or not It doesn't matter I already told you this 

So here do not deduct even one rupee from your bank account Then when will the money be deducted A few days after placing the pay order here Maybe your product reach to you, you can use it After that from your bank account Total price of your order should be deducted

But after the deduction Within 1-2 days, that Total money will come to your account So here all this debit and credit work does not happen with all banks, This happens with some banks and some accounts That has this EMI offer does not happen in their account.


How & when will the EMI amount be cut How do we have to pay for EMI Amount? 


Whatever debit card you have used here Every bank will be debited from the bank account on the 5th Like if you order on the 3rd date of the month So after that, 5 dates is coming after 2 days So your first EMI will be dedicated on the 5th date 

Same if you order 6th date of the month So the next 5th dates of next month will come That day you will have your first EMI deducted That is, the day you ordered After that, your 5 dates are going to come later That date will be your 1st EMI Deduct from your account Same 

The second EMI will come after that 5th date The second EMI will deduct on that day After that the 5th date will come on that day your 3rd EMI will be deducted And in the same way You have taken the EMI month as well For that month, your EMI amount will be deducted from your bank account 

Now the point is that if we place an order here, So some people said that A lot of extra charges have to be paid hereafter order So which extra charges have to be paid here 

You have to pay 2 charges there the First charge is GST Charges, If you buy any product on EMI, So he has to pay 18% GST on the interest amount GST charges are not applicable in all banks Same, the second charge is processing fee is available only on 2 bank debit cards Here you get EMI on Pay 6 bank debit card But the processing fee takes only 2 banks.

If you buy the product on EMI using 6 bank debit cards Then you will not even feel the processing fee So which banks this processing fee takes place if you buy any product on EMI using an HDFC debit card.

So in that you a Processing fee of Rs 99 will be charged The same if you buy using ICICI Bank's debit card So on that you have to pay a processing fee of Rs. 199 So here, only these two charges are deducted 

The rest of the charges list is as under.  




Bank 


Min. Amount to avail Debit emi


processing fee
ICICIRs. 5,000Rs.99
KOTAKRs. 5,000Rs.199
HDFCRs. 5,000Rs.199
AXIS

FEDERALSBI
Rs. 5,000

Rs. 5,000Rs. 8,000
If order value <9900: Rs.99 >=9900:1% of order valueNo Processing FeeNo Processing Fee

Now it comes that a lot of people say That their debit card is not telling eligible for EMI So why is this happening 

This is happening because what many people do here When they get to know about this debit card EMI So they, quickly go to any of these 6 banks And they open their bank account Issue a debit card of that bank account 

They try to buy that product on that debit card Which does not indicate his debit card eligibility

This is the second region That has a poor CIBIL score Or those who do not keep the balance in their account Or heer don't do many transactions his debit card also show not eligible here So eligible will tell how 

Let me tell you first That by using the debit card you want to buy any product on the EMI That debit card must be at least 3 months old At that time, that debit card will be declared eligible.

The second region is the CIBIL Score and average balance So you have to keep your CIBIL score good.

So here you have to check your CIBIL score And if your CIBIL score is bad then u have to improve it Also the ATM card you want to use for EMI In that you have to keep a good balance And don't just keep the balance 

On some days you also have to do transactions Then your debit card will become eligible So now you must be thinking that even before you were doing Traction in ATM.

So here you have to That you will have many debit cards There will be many more debit cards in the family 

So what do you do that all the debit cards use bit by bit Due to which no debit card is eligible? 

So you can do that you use only one debit card The debit card you want to be eligible for EMI 

So the automatic debit card will have a good balance And the transaction will be more So if this happens for 3-4 months Then your debit card will be eligible for Debit card EMI

And after that, you can use your ATM card Any product up to Rs. 1 Lakh from Amazon Will you be able to buy on Debit Card EMI 

So friends you must know by now, That which is this amazon EMI on your debit card Any person under it Any product up to Rs 1 lakh How can I buy withy debit card EMI Which documents are required for debit card EMI? How to check eligibility for debit card EMI? If not eligible how can you be eligible for debit card EMI?


Also read: Citi Bank Paytm First Credit Card Review

Also read: Federal Bank Signet Credit Card 2021 Review

Also read: How do payments on a credit card work 

Also read: Wells fargo reflect credit card review

Also read: What is a grace period for a credit card 



 THANK YOU SO MUCH 



 



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