Top iPhones You Can Buy on EMI with HDFC,Axis,SBI Credit Cards

Purchasing an iPhone is a significant investment, but with the availability of EMI (Equated Monthly Installment) options through leading credit cards like HDFC, Axis, and SBI, it becomes more accessible. These banks offer various schemes that allow you to own the latest iPhones without straining your finances.

Buying an iPhone on credit card EMI means converting your purchase amount into manageable monthly installments. This facility is available both online and in physical stores. Depending on the bank and card type, you can avail of benefits like No-Cost EMI, instant discounts, and cashback offers.

HDFC Bank provides attractive EMI options for iPhone buyers. With select HDFC Bank Credit Cards, you can enjoy No-Cost EMI for three and six months. Additionally, purchasing through PayZapp on SmartBuy offers up to 5X Reward Points or up to 5% cashback, depending on the card type.

Example Offers:

• iPhone 16 128GB: ₹79,900 MRP with ₹13,300 discount, net price ₹66,600.

• iPhone 16 Plus 128GB: ₹89,900 MRP with ₹14,975 discount, net price ₹74,925.

• iPhone 16 Pro 128GB: ₹1,19,900 MRP with ₹18,995 discount, net price ₹1,00,905.

• iPhone 16 Pro Max 256GB: ₹1,44,900 MRP with ₹19,830 discount, net price ₹1,25,070.

Note: These offers are applicable to HDFC Bank Infinia Credit Cards. 

Axis Bank offers up to 12-month EMI options on iPhone purchases. Cardholders can avail of instant discounts up to ₹8,000 when shopping through Apple’s official store or authorised resellers. The EMI facility is available on all Axis Bank Credit Cards, including recently migrated cards.

Key Highlights:

• EMI Tenure: Up to 12 months.

• Instant Discount: Up to ₹8,000.

• Eligibility: All Axis Bank Credit Cards.

• Validity: Offer valid twice per card per calendar month.

Note: These offers are available at select Apple Authorised Resellers or online platforms like Amazon and Flipkart.

SBI Credit Cards provide up to ₹5,000 instant discount on select Apple products, including iPhones. The offer is valid on EMI transactions and is available at select retail stores, Apple reseller stores, and online platforms like Amazon and Flipkart.

Example Offers:

• iPhone 16 Pro Max 256GB: ₹1,44,900 MRP with ₹4,000 instant discount.

• iPhone 16 Pro 128GB: ₹1,19,900 MRP with ₹4,000 instant discount.

• iPhone 16 Plus 128GB: ₹89,900 MRP with ₹5,000 instant discount.

• iPhone 16 128GB: ₹79,900 MRP with ₹5,000 instant discount.

These offers are valid from 29th December 2024 to 29th March 2025. 

When selecting an iPhone on EMI, consider the following models:

• iPhone 13: A reliable choice with a balance of features and price.

• iPhone 14 Pro: Offers advanced features and improved performance.

• iPhone 16 Series: The latest models with cutting-edge technology and design.

Each model has its unique features and pricing, so choose one that fits your budget and requirements.

To avail of EMI offers on iPhones:

1. Select the iPhone Model: Choose the iPhone model you wish to purchase.

2. Check Bank Offers: Ensure your credit card is eligible for EMI offers.
   

3. Choose EMI Option: During checkout, select the EMI option provided by your bank.

4. Complete Purchase: Confirm the transaction and complete your purchase.

Note: Ensure to read the terms and conditions of the EMI offer before proceeding.

Before committing to an EMI plan, there are a few key considerations to ensure you make an informed and financially sound decision. Below are some helpful tips to guide you through the process and ensure a smooth EMI experience:

Eligibility

Ensure your credit card is eligible for EMI offers. Some credit cards are not automatically eligible for EMI conversion. It is essential to check with your bank or financial institution to confirm whether your specific card qualifies for these offers. Additionally, certain types of purchases may also be excluded from EMI schemes, so always verify beforehand.

Tenure

Choose an EMI tenure that suits your repayment capacity. The tenure for EMI plans can range from a few months to several years. Opting for a shorter tenure might increase your monthly payments, but it reduces the overall interest burden. On the other hand, a longer tenure makes the payments more affordable but increases total interest payments. Carefully evaluate your monthly budget before committing to a specific duration.

Interest Rates

Be aware of any interest rates applicable on EMI transactions. While some credit cards offer No-Cost EMI, others may charge an interest rate that can range from 10% to 20% annually. Interest rates can significantly impact the total cost of the product over the EMI period. It’s crucial to understand the full financial implication by asking your bank for a clear breakdown of interest charges.

Processing Fees

Check for any processing fees associated with EMI conversion. Many banks charge a processing fee for converting a regular purchase into an EMI transaction. This fee, typically a small percentage of the purchase amount, can increase the total cost of the product. Be sure to inquire about these fees and factor them into your decision-making process to avoid surprises.

Credit Limit

Ensure your credit card has sufficient limits to cover the purchase. Before making a purchase, ensure that your credit card’s available limit can accommodate the cost of the iPhone and any associated processing fees or taxes. If the limit is insufficient, consider opting for a lower-priced model or requesting a temporary limit increase from your bank to ensure the transaction goes through smoothly.

Purchasing an iPhone on EMI through HDFC, Axis, or SBI Credit Cards offers flexibility and affordability. With various models and attractive offers available, you can choose the best option that suits your needs and budget. Always ensure to check the terms and conditions of the EMI offers and select a repayment plan that aligns with your financial situation.