ICICI Bank Credit Card EMI

If you own an ICICI Bank credit card, you can convert eligible transactions into easy EMIs. You can also choose a repayment tenor option that works best for you. You can also use the ICICI Bank credit card EMI calculator to understand EMIs better. ICICI Bank offers two types of EMI conversions - Instant EMIs and EMIs on Call. Keep reading to know more about ICICI Bank credit card EMIs.

The ICICI Bank Credit Card EMI option offers EMI conversion for online credit card payments, at your request. The bank has tie-ups with top brands across the nation to deliver the best ICICI Bank Credit Card EMI offers.

Here are some of the features and benefits of the ICICI Bank Credit Card’s instant EMI facility:

• Zero documentation process for EMI conversion on payments made with ICICI Bank Credit Card

• A minimal of ₹199 processing charges will be charged when you convert credit card transactions to EMI

• More than 250+ brands associated with ICICI Bank EMI conversion

• A flexible tenure of 3, 6, 9, 12, 18 and 24 months

• Opt for ICICI Bank EMI conversion on the minimal amount of ₹1,500 to a maximum amount of ₹10 Lakhs

• Budget-friendly interest rates

Follow the steps below to enjoy the instant EMI facility from ICICI Bank: 

• As an ICICI Bank Credit Card holder, you need to request that your transaction be converted into an EMI. 

• If your credit card account has the required balance, this request will be approved. 

• The transaction will then be converted into instant ICICI Bank Credit Card EMI automatically. 

• You can verify the details of this conversion in your credit card statement. 

You can convert your ICICI Bank Credit Card online payments into EMIs with  just a simple call. You can make lump sum purchases with associated brands and request for EMI conversion on call to avail the best ICICI Bank Credit Card EMI offers on partnered brands.

Here are some of the features and benefits of the ‘EMI on Call’ facility: 

• A 2% of the processing fees will be charged as ICICI Bank EMI conversion charges

• Zero documentation is required for EMI conversion in ICICI Bank Credit Card

• More than 250+ brands are associated with ICICI Bank EMI conversion

• Opt for flexible tenures of 3, 6, 9, 12, 18 and 24 months.

• You can opt for ICICI Bank EMI conversion on the minimal amount of ₹1,500 to a maximum amount of ₹10 Lakhs via mobile app, customer care, OTP, etc

• Cash transactions on gold, fuel, and jewellery purchases are excluded from EMI conversion 

• Pocket-friendly interest rates at reducing balance calculation basis start at 1.33%

ICICI Bank Credit Card EMI conversion calculator will help you plan and manage your budget. The ICICI Bank Credit Cards considers purchase amount (principal amount), tenure and the interest rate to evaluate the EMI repayment module.

To calculate your monthly EMI using the ICICI Bank Credit Card EMI calculator, you will have to follow these steps:

• Open https://www.icicibank.com/calculator/personal-loan-emi-calculator.page

• Enter the amount, tenure and interest rate

• The EMI amount will be displayed on the screen.

There are many benefits of ICICI Bank Credit Card EMI. Some of them are listed below. 

• Flexible Repayment Module - The ICICI Bank Credit Card EMI offers a flexible repayment system according to a budget and tenure decided by you.

• Lower Interest Rates - ICICI Bank offers lower interest rates on EMI bill payments to ease out your financial burden.

• Zero Documentation - You can get the ICICI Bank Credit Card EMI conversion done easily without any documentation.

• Minimal Processing Fees - You will have to pay minimal processing charges to convert your online payments into ICICI Bank Credit Card EMI. The charges are negligible to avoid strain on your monthly budget.

• Amazing Offers - ICICI Bank has partnered with various top brands that offer lucrative discounts, vouchers and cashbacks on ICICI Bank Credit Card EMI conversion.

Here are the ICICI Bank Credit Card EMI charges that you will have to pay:

• Any transaction older than 30 days is not considered for ICICI Bank EMI conversion

• ICICI Bank Credit Card EMI conversion facility is not applicable on jewellery, gold and fuel purchases

• Your credit limit will be blocked until the EMI repayment is completed

• In case, you wish to opt for foreclosure of the EMI repayment, you will have to pay some foreclosure charges

• Transactions worth ₹3,000 or more are only eligible for ICICI Bank Credit Card EMI conversion

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.