Nowadays everyone wants to buy electronics. Every house definitely has a mobile, fridge, TV or laptop. These things are very expensive. Not everyone has that much cash.Credit Cards means paying for things in installments. This way you don’t have to pay a lot of money at once. Each month, you must make a small installment payment. This method is easy. Taking Flexible payment is beneficial only when you use the right credit card.
Many banks and companies offer such cards. With these cards, you can easily buy electronics on EMI. Every card has its own terms. Some cards offer zero interest. Some also offer cashback. Some of the best credit cards are mentioned below.
HDFC Credit Card
HDFC’s Easy Flexible payment feature is famous. You receive Flexible payment if you spend ₹10,000 or more. You can take a plan for 3, 6, 9, 12, 18 or 24 months. You do not have to do any paperwork. EMI can only be activated via an app or SMS.. Cashback is also available on many HDFC cards. You can shop from Croma, Reliance Digital, and Vijay Sales. This card is good for those people who buy electronics frequently. This card is ideal if you want regular EMIs.
With an ICICI card you can take EMI both in store and online. You have to do a shopping minimum of ₹5000. You can take a plan for 3, 6, 9 or 12 months. It is easy to take Flexible payment. You can activate the plan through app or net banking. ICICI’s Coral and Amazon Pay cards are famous. Offers are also available on these. Stores like Reliance Digital, Croma and Flipkart are partners of ICICI. You also get discounts on these. If you want a flexible plan then this card is good.
SBI Credit Card
SBI’s Flex pay feature is very popular. You only need to shop for more than ₹5000. You can convert it into Credit Cards within 30 days. There is no need to fill any form. You just have to login online and choose the EMI plan. You also have to look at the interest rate. Every plan has its own rate. On Amazon and Flipkart, the SBI card offers good discounts. . No cost Flexible payment is also available during festivals. If you want to take EMI later then this card is right.
Axis Bank Credit Card
Axis Bank credit card is also good for Flexible payment. You can take EMI on shopping for a minimum of ₹2500. Tenure options are simple – 3, 6, 9 or 12 months. You can see the Flexible payment plan from the app. The app itself allows you to activate it. Flipkart Axis Card is also a good choice. You get cashback on shopping with it. Axis has many partner stores. You also get offers and discounts. This card is useful if you use the app.
Bajaj Finserv Instant EMI Card
Credit Card Ki Badhai
Even if you do not have a credit card, you can still get this card. You only need Aadhar and PAN. Credit score is not shown. Those without a credit card will benefit from this.
Limit and approval
You get a limit of ₹ 50,000 to ₹ 2 lakh. You can apply online. Approval is received quickly. The card gets activated immediately.
No Cost EMI
You get No Cost EMI on this Credit Cards. There is no additional interest to pay. There is also Zero Down Payment. You can buy things without paying any money in advance.
Partner Stores
This card is valid in Croma, Reliance Digital and Vijay Sales. You can buy electronics from these stores. The app makes it simple to check your EMI plan.
AMEX Credit Cards
AMEX means American Express premium card. Through this card you can take EMI of 3, 6, 9 or 12 months. Taking Credit Cards is simple. The plan can be activated via the app. On AMEX you get extra rewards for travel and shopping. Lounge access and insurance are also available. This card is for those people who spend a lot. If you want premium features then the AMEX card is the best.
Keep some things in mind while shopping on EMI
Taking EMI is easy. However, it’s crucial to remember a few things. . First of all, check whether you are getting No Cost Flexible payment or not. Some banks do not charge interest. But they charge processing fees. Every fee should be understood first. Be sure to read the terms before taking Credit Cards plan. Every card has its own partner stores. Check whether the store from which you are shopping is a partner of your card or not.
If you want to close the lexible payment early, there can be a pre-closure charge. Check this too first. It is important to understand the plan before taking the Flexible payment.
Which card is best for you?
If you shop regularly then HDFC and ICICI are good. Both have the option of cashback and Easy Credit Cards. If you want to take advantage of the festival sale then SBI card will be right. Axis card is good for those who use apps. You can control everything through the app. For people with higher income, AMEX cards come with premium benefits. Each card has its own specialty. Choose the card as per your need.
Conclusion
Be it work or entertainment, life seems incomplete without these things. But buying such expensive electronics in cash is not easy for everyone. In such a case,EMI (Equivalent Monthly Installment)presents itself as a very useful and convenient option.
The biggest advantage of Credit Cards is that you don’t have to pay the entire amount at once. Rather, you pay a smaller amount each month, which doesn’t put too much pressure on your monthly budget. Not only does this reduce financial stress, but you can also buy essential items without any hassle.
Like leading banks in India HDFC Bank, ICICI Bank, SBI, Axis Bank, and financial institutions such as Finbarr and American Express (AMEX)Good credit cards provide EMI options. All these cards have their own terms and conditions – like minimum purchase amount, Credit Cards tenure (3, 6, 9, 12 months), and interest rate. Some cards also offer zero-cost EMIs on certain brands or online shopping sites.
Each person should choose the card according to their use case.If you do a lot of online shopping, Amazon Pay ICICI Card or Flipkart Axis Card may be a better option for you. If you have to shop in offline stores, Bajaj Finserv EMI Network Card can be quite useful.
Choosing the right credit card not only makes shopping easier but also makes the payment process stress-free. Before taking EMI, you should keep few things in mind:
- Each Credit Cards terms and conditions Understand it carefully.
- Please also read the small print of Interest Free Credit Cards and Processing Fee.
- Paying on time is very important – late payments can result in additional charges and damage your credit score.
- One before taking Credit Cards a reasonable payment plan Get it done so that you don’t face financial stress in the future.
Finally, if you use credit cards wisely and use Credit Cards plans wisely, you can make expensive purchases without any hassle. It is a great financial tool that meets your needs today and makes you stress free for tomorrow.