Have an Axis Bank credit card?

Do more with your card

Have an Axis Bank credit card?

Do more with your Credit Card

EMI Facility

No matter how big your next Credit Card purchase, go right ahead. Just contact us and convert your transaction of INR 2,500 or more into EMI.

Here's how you benefit from HELLO-EMI

Pay in Parts: Now you don't need to pay back the entire amount upfront when you make big Credit Card purchases. Just enjoy the convenience of paying back in easy EMI.

Reduced interest rate: You enjoy a lower interest rate than the revolving interest rate you would normally pay on your Credit Card. Now convert your transaction into EMI at just Rs. 1.5% p.m. at monthly reducing balance.

HELLO-EMI options You have the option of converting your transaction of INR 2,500 or more into 3, 6, 9 or 12 month EMI.

EMI per Rs. 1000 for each of these tenors is given below:

Tenor Option Monthly Installments Per Rs. 1,000
3 Months Rs. 343.38
6 Months Rs. 175.53
9 Months Rs. 119.68
12 Months Rs. 91.67

Note: A onetime Processing Fee of 1.5% or Rs. 150, whichever is higher will be charged to your Credit Card account on the rate of conversion.

Process of Conversion to EMI

  • Make a purchase of a minimum of INR 2,500 on your Axis Bank Credit Card
  • Convert your purchase to EMI through any of the following channels within 20 days of making the purchase through any of the following channels:
    • Call Axis Bank at 1800 103 5577 / 1800 233 5577 / 1800 209 5577.
    • SMS 'EMI' to 5676782
    • Submit an online request to convert your purchase to EMI
  • EMIs are calculated at an interest rate of only 1.5% per month on monthly reducing balance.
  • Choose between tenor options of 3, 6, 9 and 12 months.
  • The EMIs will be charged to the Credit Card account, to make repayment convenient for you.
  • A one-time Processing fee of 1.5% or Rs. 150 whichever is higher will be charged to your Credit Card account on the date of conversion.

Terms and Condition on Hello EMI

Terms and Conditions

  • The value of the credit card transaction should be INR 2,500 or more to be eligible for conversion of transaction to EMI. Other debit transactions like cash withdrawals, Balance Transfer and card fees will not be eligible for this facility.
  • Request for conversion of transaction into EMI will be processed only if the request for the same is received within 20 days from the date of purchase. However in exceptional cases the Bank reserves the right to consider request beyond that period but not later than 30 days.
  • The Equated Monthly Instalment (EMI) amount will be billed to the credit card every month on the same date as the first instalment date.
  • The entire EMI amount will be included in calculation of Minimum Amount Due payable by the cardholder.
  • On availing the EMI facility the reward points if any that have been accrued on the Original transaction shall be reversed.
  • During the running period of EMI's the cardholder cannot close the Axis Bank credit card. However if he does so, before all instalments have been posted, the outstanding EMI Principal amount will be debited to the card account as one consolidated amount and regular interest applicable to credit card shall be charged.
  • Pre-payment charges on foreclosure of the EMI facility will apply at the rate of 3% on the outstanding principal amount of the loan.
  • Axis Bank reserves the right to foreclose the loan and debit the entire outstanding amount to customers credit card statement if the customer defaults on payment of two consecutive EMIs.
  • Any requests by add-on cardholders will be billed to the primary card.
  • No request for changes in the billing cycle shall be entertained during the entire loan period. The loan period is defined as the loan tenor selected by the cardholder at the time of request.
  • Service Tax will be applicable on Processing Fee, Foreclosure fee and interest amount and will be billed in the same statement in which the above charges are levied.
  • Axis Bank reserves the right at any time without previous notice to add, alter, modify, change or vary all or any of these Terms and Conditions or to replace, wholly or in part, this scheme by another scheme, whether similar to this scheme or not, or to withdraw it altogether. Which if done shall be binding on the cardholder and the cardholder shall abide by the said rules. If withdrawn, those who have opted shall continue to get the right to pay through EMIs for the already approved conversion.
  • The Bank may at its sole discretion accept or reject the EMI conversion request without assigning any reason whatsoever.
  • The participants will not hold Axis Bank responsible for or liable for, any actions, claims, demands, losses, damages, costs, charges, and expenses that a participant may suffer, sustain or incur by way of this scheme.
  • All and any disputes arising from the EMI facility shall be subject to the exclusive jurisdiction of the courts of Mumbai.
  • Jewelry/Gold transaction are not eligible for EMI conversion.
  • EMI facility is not available for corporate cards.
  • EMI facility is not available if the card is delinquent at the the time of EMI conversion
  • EMI opted at the stores or while shopping online, will be charged as per interest mentioned at the store or mentioned on the online shopping website. Under the cash back model, the cash back will be processed within 90 days of EMI conversion, if eligible for the same, as per banks discretion.
  • EMI opted at customer service or from outbound calling, will be charged as per charges mentioned in Axis Bank Website.

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