How Does EMI Work on Debit Cards?
Posted on Friday, December 10th, 2021 |
Equated Monthly Instalments or EMIs are a convenient way to pay for any of your expensive purchases over a fixed period. But whenever you think about making a big-ticket purchase on EMI, you automatically associate it with a credit card. So, what if you don’t possess a credit card? Does no credit card equal no…
Read moreComparing the Types of Debit Cards
Posted on Monday, November 29th, 2021 |
Debit cards have transformed the way transactions are undertaken. Facilitating instant access to funds, a debit card enables users to withdraw cash from the ATM, pay bills, and make online purchases on various shopping websites. A debit card is typically linked to a savings account issued by the bank in which the individual has an…
Read moreHow Does Debit Card EMI Work?
Posted on Tuesday, November 23rd, 2021 |
Gone are the days when EMIs or Equal Monthly Instalments were exclusively associated with loans or credit cards. If you’re asking, “can we do EMI with a debit card?” then the answer is yes! Select Indian banks – such as IndusInd Bank – offer their customers the debit card EMI option. Under this new method…
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