With an Axis Bank credit card, you can make significant purchases in one go and conveniently convert the outstanding amount into affordable EMIs. Your Axis Bank credit card EMI will include a minimal interest charge of 1.5% per month or 18% per annum. You can use this EMI conversion facility on a minimum spend of ₹2,500 within 30 days from the purchase date.

Converting your Axis Bank Credit Card bill into EMIs is an excellent way to manage large purchases through smaller, affordable payments. Axis Bank provides multiple EMI options for Axis Bank credit cards, allowing you to spread your payments over flexible tenors while benefiting from competitive interest rates. Whether you choose to convert your bill via internet banking, mobile app, or customer care, the process is simple and convenient, making it easier to stay on top of your finances. Here are the steps for each method:

Via Internet Banking

1. Visit the Axis Bank website and log in with your credentials

2. Once logged in, go to the ‘Credit Cards’ section

3. In the credit card section, find and click on the ‘Convert to EMI’ option

4. Select the transaction or outstanding bill you wish to convert

5. Choose the desired repayment tenor between 6 and 24 months

6. Review the details and confirm your selection to complete the conversion

Via Mobile Banking App

1. Log in to your Axis Bank mobile app

2. Navigate to the credit card section within the app

3. Select the ‘Convert to EMI’ option from your recent transactions or outstanding balance

4. Choose the transaction you wish to convert into EMIs

5. Select a suitable tenor ranging from 6 to 24 months

6. Confirm the details to finalise the conversion process

Via Customer Care

1. Dial the Axis Bank customer service number

2. Provide your credit card details and request EMI conversion for a specific transaction or outstanding balance

3. Choose your preferred tenor (6 to 24 months) during the call

4. Axis Bank will send a confirmation via SMS or email once the request is processed

Converting your Axis Bank credit card bill into EMIs offers several benefits, making it easier to manage your finances. Here are the key advantages:

Flexible Tenors

You can select from a range of repayment options, with tenors between 6 to 24 months. This flexibility allows you to tailor repayments to your financial capacity.

Minimal Transaction Amount

Transactions as low as ₹2,500 are eligible for conversion into EMIs, making it accessible for a wide variety of purchases.

Increased Spending Power

The EMI option allows you to make larger purchases without immediate financial strain, as you can repay over time in smaller instalments.

Convenient Process

The conversion process is quick and easy, available through internet banking, mobile app, or by contacting customer care.

No Need for Additional Documentation

The EMI facility does not require extra paperwork, providing a hassle-free experience for cardholders.

Interest Rates and Charges

Axis Bank offers competitive interest rates on EMI conversions, and you can also enjoy reduced fees during promotions.

By converting purchases into EMIs, you can better manage expenses, especially for large or unexpected costs, while maintaining financial flexibility.

Check the applicable charges on the Axis Bank credit card EMI conversion in the table below:

Disclaimer: The credit card EMI conversion specifics provided in the table are subject to the card issuer’s policies. Check the details on the issuer’s official website before applying.

When applying for Axis Bank's EMI conversion on credit card bills, several important factors should be considered to ensure it aligns with your financial goals:

• Reward points from transactions converted into EMIs will be forfeited, affecting your overall rewards

• You cannot discontinue Axis Bank's credit card services while EMIs are unpaid, and the card must remain active

• EMI conversion requests by supplementary cardholders require the primary cardholder's approval

• Axis Bank's EMI conversion facility is unavailable for corporate credit cards, applying only to personal cards

• Foreclosure or cancellation charges apply if you settle your EMIs early, so check the fees before early repayment

• EMI interest rates are generally lower than standard rates but vary by tenor and transaction amount

• A processing fee, usually a percentage of the transaction, may be charged for EMI conversion

• The EMI amount reduces your credit limit, affecting your credit utilisation and future purchases

Typically, longer tenors come with lower interest rates, which can seem appealing at first. However, the overall interest paid can be higher compared to shorter tenors with higher monthly instalments. Here’s an example to illustrate how Axis Bank credit card EMI conversion works:

Assume you’ve made a purchase of ₹50,000 and have three EMI tenor options:

• 25% interest p.a. for 3 months

• 20% interest p.a. for 6 months

• 15% interest p.a. for 12 months

Here’s the breakdown of payable interest for each option:

• For 3 months: Interest = ₹3,125

• For 6 months: Interest = ₹5,000

• For 12 months: Interest = ₹7,500 

Although the 12-month option has the lowest interest rate (15%), the total interest paid is higher due to the longer repayment period. On the other hand, the 3-month option, despite its higher interest rate (25%), results in lower total interest but comes with higher monthly EMIs.

Choose a tenor that fits your repayment ability and opt for a credit issuer offering low interest rates and flexible terms. You can find such offers on Bajaj Markets.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.