YES Bank Credit Card EMI

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**Disclaimer: YES Bank Credit Card is not a Bajaj Markets product. Offers would be from partner Banks/NBFCs only

How to Convert YES Bank Credit Card Purchases into EMI

Equated Monthly Instalment, or EMI, is the process of paying the expenses on your YES Bank credit card in fixed amounts over a predefined tenor. YES Bank lets you convert your purchases worth ₹1,500 or more into EMI in three ways:

  1. Retail Store Purchases: At the billing counter, request Instant EMI before making the payment.

  2. Online Purchases: Simply select EMI as your preferred payment option at the partner’s app/website.

  3. EMI on Call: Only available on special credit cards. Convert your purchase amount into EMI via call to the YES Bank credit card customer care. Call on 1800 103 6000 (toll-free in India) or +91 22 4935 0000 (calling from overseas) for YES First Credit Card or 1800 103 1212 (toll-free in India) or +91 22 4935 0000 (calling from overseas) for YES Prosperity credit card to avail.

You can choose the repayment duration and control the amount you would need to pay every month when you select the YES Bank credit card EMI option. No documentation is required and the repayment tenor can vary between 3, 6, 9, 12, 18, 24, and 36 months.

YES Bank Credit Card EMI Interest Rate and Charges

The total YES credit card EMI charges you end up paying is calculated as a sum of the monthly amount due towards interest payment and the applicable service charges. Here are some charges to keep in mind:

  • The current YES Bank credit card EMI interest rate varies from 13% to 15% per annum

  • 18% GST is applicable on interest amount, processing fee, and foreclosure fee

  • A processing fee of 2% of the transaction amount is applicable for all YES Bank EMI on Call transactions

  • No processing fee is charged on the Instant EMI service

Check out the YES Bank credit card fees and charges in detail to know more.

Advantages of YES Bank Credit Card EMI

There are several benefits of opting for the YES Bank credit card EMI payment service. These include:

  • You can make high-value transactions at retail outlets and online using your YES Bank credit card at ease

  • You can adjust the tenor between 3 and 24 months to comfortably match your monthly budget

  • As the interest charges are directly proportional to the tenor, you can moderate the charges you pay by adjusting the tenor accordingly

  • Interest charges are usually levied on the pending loan amount at the end of the billing period, which reduces the additional sum you must pay over your borrowed amount month on month

  • In case there are special offers against your card, the bank may waive off the additional charges against the EMI amount on your YES credit card

If you do not already have a YES Bank credit card, you can visit Bajaj MARKETS and explore the various credit card options. Once you have evaluated your options, you can apply for a credit card in a few, quick, and easy steps.

FAQs on YES Bank Credit Card EMI

  • ✔️How can I convert my YES Bank credit card outstanding to EMI?

    If you are wondering how to convert a credit card bill into EMI with YES Bank, the process is simple.

    • For retail store purchases, request for Instant EMI before making the payment at the billing counter

    • For online purchases, select EMI as your preferred payment option at partner’s app/website

    • For converting your purchase amount into EMI via call, dial 1800 103 6000 (toll-free in India)/+91 22 4935 0000 (calling from overseas) for YES First Credit Card. For YES Prosperity credit card or 1800 103 1212 (toll-free in India)/+91 22 4935 0000 (calling from overseas) to enjoy EMI on call facility.

  • ✔️How long does it take to process my YES Bank credit card EMI conversion facility?

    With completely digital and advanced systems in place, YES Bank offers the Insta EMI service which lets you convert purchases into EMI instantly.

  • ✔️What are the important points to remember when opting for YES Bank credit card EMI facility?

    Before opting for the YES Bank credit card facility, here are a few things you should remember.

    • You should be the primary cardholder of the YES Bank credit card

    • You must go through all the terms and conditions related to the EMI service

    • When you convert your purchases into EMI, the available credit on your card is lowered

    • You must not default on your credit card payments post availing the EMI benefit on the credit card

    • If there is a transaction reversal or a chargeback dispute prior to processing of the request, the EMI on call request will not be processed