EMI advantage is one of the most significant benefits when it comes to credit cards. You can use your credit card to purchase items within the set limit and convert them into equated monthly investments or EMIs, to be paid back over a duration of time. Axis Bank too offers this advantage through its ‘Hello-EMI’ facility.
You can use the Axis Bank credit card EMI conversion feature to convert transactions of more than INR 2500 into EMIs. The repayment tenure can be chosen as per convenience to be either 6, 9, 12, 18, or 24 months. However, for availing the Axis credit card EMI facility, you will be charged a monthly interest rate of 1.5 percent on the borrowed amount.
Opting for the Axis Bank credit card EMI option is easy and can be done both online and offline.
Axis bank credit card EMI option can be availed by using any of the below mentioned four methods.
Axis credit card convert to EMI using Internet Banking
Axis Bank credit card amount convert to EMI using Mobile Banking
Convert credit card bill to EMI by sending SMS
Axis Bank credit card bill convert to EMI by calling the customer care
If you are already registered with the Axis credit card net banking service, you can easily raise an Axis Bank credit card outstanding amount to convert to EMI using the same. You can view the purchases on your credit card Axis bank credit card online and check their eligibility for Axis Bank credit card EMI conversion using the Hello EMI platform.
The same portal can be used for selecting the repayment tenure and calculating the Axis Bank credit card EMI interest. Once the request has been placed for Axis credit card EMI, your application will be processed, and you will be communicated with the acknowledgment and confirmation for the same.
Axis Bank credit card EMI conversion can be done through the Axis Mobile app. You can do this in two ways.
Log in to the mobile app and select services
Click on the credit card tab
From the menu click on convert to EMI
Choose the transaction you wish to convert, which is eligible for Axis credit card EMI payment, select the repayment tenure and choose to agree to the terms and conditions
Login to the Axis Mobile app and click Accounts
Click on the credit card tab
From the menu click on convert to EMI
Under the unbilled transactions/current choose the transactions eligible for Axis credit card EMI conversion
Select the transaction you wish to convert, which is eligible for Axis Bank credit card EMI payment online, provide the tenure of repayment and agree to the terms and conditions
Axis Bank credit card EMI facility can also be availed by sending an SMS. Simply, type EMI and send it to 5676782. The concerned department of Axis Bank would get in touch with you as soon as they receive your Axis Bank credit card EMI conversion request. Remember to have all the details of your credit card handy so that the process is quicker and smoother. Apply for Credit Cards and choose from multiple cards loaded with amazing offers.
You can avail the axis bank credit card EMI option by calling the customer care number too. You can reach out to the customer care helpline on either 1860 419 5555 or 1860 500 5555 and request for the service. If your purchases are eligible for conversion, you can confirm the Axis Bank credit card EMI conversion on the call itself. However, make sure to check the Axis Bank credit card convert to EMI interest rate, the processing fee, and any other charges before confirming for the service.
Now that you know how to convert credit card payment to EMI in Axis Bank let us proceed to understand the charges levied for the service.
To understand the Axis credit card EMI interest rate and the total amount you are required to pay for availing the Axis Bank credit card EMI conversion facility, you can access the Axis credit card EMI calculator. You can find the credit card EMI calculator on the official Axis Bank website. The EMI calculator Axis Bank credit card gives you a detailed account of the monthly payout so that you can better decide what tenure and amount best suits you. All you need to do is enter the pending amount and the tenure in the Axis Bank credit EMI calculator, and the EMI will be calculated, inclusive of the Axis Bank credit card interest rate. The Axis EMI calculator credit card would also offer you a break up of the costs along with the comprehensive details.
The steps for using the Axis Bank credit card EMI conversion calculator are as follows:
Go to https://www.axisbank.com/emi-credit-cards-calculator to access the Axis Bank credit card payment EMI calculator
Enter the outstanding due amount that you want to convert into EMI
Select the tenure of 6, 9, 12, 18, or 24 months by when you will repay the amount in full
Click on calculate
Once calculated, the screen will display a break up of the EMI details. This would include the Axis Bank credit card interest rate on EMI, the processing fee, and the tax on the Axis Bank credit card EMI interest rate. If you are a student, you can avail exciting offers on Student Credit Cards.
Let us take a look at the things you need to consider before you opt for Axis Bank credit card payment convert to EMI.
You cannot avail Axis credit card EMI conversion option on gold and other jewelry purchases, as well as for cash fees, cash withdrawals, or credit card balance transfers
Reward points against purchases get reversed, when you opt to convert the same purchases into EMI on your Axis credit card
If you have availed the Axis bank credit card EMI, you cannot close the card during the repayment tenure
Any requests that are made by add-on credit cardholders will be billed against the primary cardholder
If you are an Axis Bank corporate credit cardholder, you are not eligible for availing the Axis Bank credit card EMI conversion facility
Closing your EMI before the end of your EMI payment tenure will attract both foreclosure charges as well as cancellation charges
Axis bank credit card convert to EMI can be done using any of the four ways-
1. Axis Bank Internet Banking
2. Axis Bank Mobile Banking
3. Sending SMS to Axis Bank on 5676782
4. Calling the Axis Bank credit card customer care
You can calculate and check Axis Bank credit card EMI against your loan amount using the Axis Bank Credit Card EMI calculator.
Axis Bank credit card EMI amount reflects on the statement generated at the end of a billing cycle. By paying the bill in full, you can clear your Axis Bank credit card EMI. You can also choose to foreclose your loan, but that will attract certain charges.