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With smartphone prices constantly rising, finding a feature-packed device within budget can be a challenge. Credit card EMI options make it easier to own popular phones under ₹30,000 without paying the full amount upfront. Whether you're eyeing a reliable Android model or planning to buy an iPhone online with a credit card, this payment method allows you to spread your cost across manageable monthly instalments.
Credit card EMIs make high-value purchases easier by converting the total cost into smaller instalments. This is especially helpful for salaried individuals or students who prefer predictable monthly expenses.
Here are the key benefits of using credit card EMI when buying mobile phones:
No upfront burden: Pay in parts instead of the full price at once
Flexible tenure: Choose EMI durations ranging from 3 to 24 months, depending on your card provider
Minimal or zero interest: Many retailers and credit cards offer no-cost EMI deals during sales
Access to offers: Combine EMIs with cashback, exchange bonuses, or partner discounts
Reward accumulation: Some banks allow reward point earnings even on EMI purchases
Online and offline flexibility: Use it to buy phones online with credit card or from stores accepting card-based EMIs
Whether you want to buy a phone with credit for personal use or gift a handset during a festive sale, credit card EMI can ease your financial planning.
Many smartphones under ₹30,000 offer solid performance, excellent cameras, and long-lasting batteries. With credit card EMI, you can easily own some of these popular models without straining your budget.
Here are a few widely available options that support mobile EMI with credit card:
Display: 6.67-inch AMOLED, 120Hz
Processor: MediaTek Dimensity 7200 Ultra
Camera: 200MP (main), 8MP (ultrawide), 2MP (macro)
Battery: 5000mAh with 120W fast charging
Approx Price: ₹26,999
EMI Availability: Available with major credit cards across online platforms
Display: 6.6-inch PLS LCD, 90Hz
Processor: Exynos 1330
Camera: 50MP (main), 2MP (macro), 2MP (depth)
Battery: 6000mAh with 25W charging
Approx Price: ₹13,990
EMI Availability: EMI options with most credit cards on e-commerce sites
Display: 6.67-inch AMOLED, 120Hz
Processor: MediaTek Dimensity 7200
Camera: 50MP Sony IMX882 with OIS
Battery: 5000mAh with 44W fast charging
Approx Price: ₹19,999
EMI Availability: Easily available with buy cell phone on credit options via bank offers
Whether you're buying online or from a retail store, here’s a simple process to purchase a phone on credit card EMI:
Choose your smartphone from an online store or brand site
Select credit card EMI option on the payment page
Enter card details of an eligible credit card
Choose EMI tenure – 3, 6, 9, 12, or more months
Review final amount (with or without interest)
Complete the payment
Your purchase is converted into EMIs automatically after the process is completed.
Visit an authorised mobile store
Ask for a credit card EMI payment option
Swipe your card and select EMI plan via POS machine
Confirm EMI terms before approval
Collect phone and receipt — EMI starts from the next billing cycle
Whether you plan to buy phones online with credit card or offline, ensure the card is eligible and the merchant supports EMI options.
Several credit cards in India offer EMI conversion on mobile purchases with flexible terms, minimal charges, and attractive deals. While there is no single “best” card, some widely-used options offer value depending on your usage and preferences.
Here are some of the best credit cards frequently used for buying smartphones on EMI:
Credit Card |
Joining Fee |
Annual Fee |
|---|---|---|
₹500 + GST |
₹500 + GST from 2nd year |
|
₹5,000 + GST |
Nil |
|
₹500 |
₹500 (waived on ₹1.5L annual spend) |
Disclaimer: The fees and benefits for these credit cards are subject to change at the issuer’s discretion. Check the issuer’s official website before applying.
These cards are often used by shoppers who want to buy phones with credit and prefer managing payments over time without affecting liquidity. Always review the final interest and processing fee before confirming the EMI.
To be eligible for credit card EMI when purchasing a mobile phone, certain conditions must be met. While these vary by issuer, most banks follow the criteria below:
Active credit card account with good standing
Minimum purchase amount, typically ₹2,500 or more
Sufficient credit limit to cover the transaction
Stable credit score, ideally above 700 for favourable EMI conversion
Card type should support EMI (not all entry-level or corporate cards are eligible)
Merchant eligibility – ensure the seller supports EMI transactions with your card issuer
If you’re planning to buy an iPhone online with a credit card or any premium device, check EMI eligibility in advance. Some banks pre-approve EMI at checkout, while others allow post-purchase conversion via net banking or mobile app.
Using EMI can make payments easier, but combining it with the right offers can also reduce your overall cost. Here are some effective ways to save:
Prices and EMI options may differ on different platforms or brand sites. Choose the one with the best bundled deal.
Credit cards from select banks may offer instant discounts or no-cost EMI on certain models.
Trading in your old device can lower the upfront price, reducing your EMI burden.
This avoids interest and processing fees, making the deal more cost-effective.
Festive or end-of-season sales often include phone discounts and better EMI terms.
Some cards offer points even on EMI purchases — redeem them later for vouchers or cashback.
With the right approach, you can buy a cell phone on credit and still make the most of seasonal savings and platform discounts.
No-cost EMI is usually available during sales or on selected models. Check with the bank or seller for current offers.
Most major bank credit cards support EMI options. However, it depends on card type and the merchant’s tie-ups.
Not always. No-cost EMI is available on some cards and platforms. Others may charge interest based on tenure and card policy.
Yes, many banks allow EMI pre-closure after a minimum period. Charges, if any, depend on the issuer.
Yes. Timely EMI payments help maintain or improve your credit score. Delays can negatively impact it.
Yes, some banks allow post-purchase EMI conversion through net banking or customer care — usually within 30 days.
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| 1min read
Posted on 16 May
Roshani Ballal
Academy by Bajaj Markets
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