How to avail the Amazon EMI on Debit card / Credit Card. How will you be able to use the Bajaj Finserv EMI option?
What is the Amazon EMI on debit card?
Do you want to know how to use the most beneficial amazon EMI on debit card option, you first have to decide which product you want to buy from Amazon. In no cost EMI you have no need to pay for it all at once. Log in to your Amazon account, choose the product of your choice and select option of debit card, credit card or Bajaj Finserv. Then choose EMI plans and fill in your EMI card details. Confirm the order with an OTP (one-time password). Finally, the product is yours.
How do I add a card to avail EMI?
Without a relevant credit or debit card, you will not be able to avail this amazing no cost EMI Amazon scheme. You will be required to add a card to your Amazon account. Here you will learn how to add a card in Amazon account to avail Amazon EMI on debit card.
Below are a few links you might find useful:
- Amazon India Customer Care
- How to shop on Amazon using the app
- How do I access the Amazon India Seller Support
- How to buy a product with 0% interest or no cost EMI on Amazon
- Sow me how to exchange an old item for a new one using the Amazon Exchange Offer in India
- How do I download and install the Amazon Shopping App
1. First, go to customer services on Amazon website https://www.amazon.in
2. Click on payment settings. Next page will open up.
3. On next page click on add a new card. You can be redirected to this page directly by clicking on this link https://www.amazon.in/cpe/managepaymentmethods?ref=l_mpo
4. Here you will add Name on card, card number and expiry date then click on add a card. Your card will be added successfully.
Things to know about no cost EMI
As you are using no-cost Amazon EMI on debit card scheme. You must want to know how it works? You know banks will never work without interest. So you must be thinking that if a bank is having interest amount than who is paying that interest and how no-cost EMI will provide us zero interest?
Here the answers of all of your questions related to no cost EMI amazon. In no cost Amazon EMI on debit card, you are only paying the amount of the product which you choose to buy. You just divide the total amount to the number of months in the plan which you want to avail. So you have to pay that amount each month without paying any extra money to the bank as interest. So you are at a benefit.
Let us explain this scenario with an example. Let us say you want to buy your favorite item of Rs 30,000 with Amazon EMI on debit card on 3 months tenure plan. Bank will charge interest of Rs 638. You will get a discount of an amount equal to Rs 638 from Amazon at the time of order. It means seller on Amazon will give you a discount of an amount equal to bank interest instantly at the time you place your order. That discounted amount will be charged by the bank as interest.
The other thing is when you place your order and put details of your relevant card and submit your purchase, the total amount of your selected product will be locked from your card. But you have no need to worry because it takes 4 to 7 working days to convert your purchase into no-cost EMI. Your amount will be reversed by the bank. After that, you will be charged for your monthly installments. In this example discussed here, you will pay Rs 10,000 every 3 months and total Rs 30,000. So you got your purchase and you are at benefit as you don’t have to pay for interest that normally you have to pay if you are using installment methods. So now you have got a very good understanding of no cost EMI that how it works and how it is beneficial for you.
Amazon EMI on debit card
Many of you thinking as to how to pay Amazon EMI on a debit card? Credit cards are only available in metro cities but have no need to worry. There is a good news for you. Amazon has introduced Amazon EMI on debit card service which enables us to buy from our normal debit cards through EMI option. The Amazon EMI on the debit card is new. So here we will see what it is, how it works and how you can avail this opportunity.
As you know debit cards are different from credit cards. In debit card fund is in your bank account and you have to pay from that fund. If you don’t have the fund you can’t buy product previously but now on bank giving overdraft facility to its customer so without having a credit card you can buy any item on bank credits same like credit cards or convert it to EMI.
Currently, EMI on HDFC Debit card and EMI on ICICI Debit card are available on Amazon with specific terms. Amazon promises more bank cards available slowly in future to give its user more option to pay easy installment via debit cards.
So, guys, We hope we made everything clear about amazon EMI on debit card service. Now I am going to tell you how you can avail this offer on Amazon website and easily convert your product in EMI options.
How to pay Amazon EMI on Debit Card:
It basically requires the same procedure as we have seen for to avail no cost EMI offer from a web browser and mobile app but selecting debit card at the time choosing for payment method. Here are the necessary steps to clarify as to how to pay amazon EMI on a debit card specifically.
1. Choose your favorite product which you want to buy from amazon EMI on debit card and on product page check for its eligibility for debit card EMI offer. To check its eligibility click on EMI button on product page. You will see a drop-down menu when you click on options. Here if you see HDFC Bank debit or ICICI Bank debit, it means your product is eligible for Amazon EMI on a debit card.
2. Now continue buying as you are guided above for no cost EMI offer until payment selection option comes. On payment selection page you will see EMI option click on it. (if you have not added your HDFC & ICICI debit card then first add it on the same page). Now under EMI option choose your debit card last four digit number.
3. Now select EMI tenure which you like to use for payment of your product. Then enter CVV of debit card & continue. Now confirm purchase via OTP to ensure that you are using your card. That’s all you have successfully converted your amount in EMI threw the debit card. The first installment will be deducted 30 days from the date of the transaction.
You will not pay any additional charges to Amazon for availing ICICI/HDFC Bank Debit EMI option. However, your bank will charge you interest which is built into the monthly installment which you pay. You can check the interest charges and EMI amount on the product detail page as well as payment page before proceeding to make the payment. Currently on Amazon HDFC & ICICI Bank offering 6, 9 & 12 Months easy Installment Options.
You may want to know that how it works and will bank debit your account when you avail debit card EMI option so that it becomes easy for you to understand and avail this offer. In case of a debit card, your bank account will not be debited means your amount will not be removed from your account as in the case of credit card. Your bank has pre-approved an overdraft facility which will be used for this payment and you need to pay monthly installments to your bank as per the EMI option selected by you.
Note: If you want to check your eligibility for Debit card EMI, your bank sends to you an email confirming your eligibility for Debit EMI.
Important information: Currently No Cost EMI is only available on credit card EMI options. However, we are working to extend this feature on ICICI/HDFC Bank Debit EMI also. Once we launch No Cost offer for Debit EMI, you will see No Cost EMI tenures once you select ICICI/HDFC Bank Debit EMI on the Payment page.
If you want to cancel or return your product then first check if it qualifies for a return, if yes then you can cancel the order or return the product within 30 days. Your EMI payment will be canceled by the bank. Please note, your bank may charge you foreclosure or cancellation fees.
I hope you have understood well about amazon EMI on debit card and now you can use this offer very easily taking help from this detailed and understandable guideline.
How to avail the No Cost EMI Bajaj Finserv / Bajaj EMI card online shopping Amazon
To avail no cost EMI option, you can use the option of no cost EMI Bajaj Finserv. No cost EMI bajaj Finserv offers you to avail no cost Amazon EMI on debit card. If you use no cost EMI bajaj Finserv you will not require any additional documentation and down payments. Bajaj EMI card online shopping Amazon is free from start to end. You will not be asked for any money at any time in the whole process of no cost EMI bajaj Finserv option.
You can this website for more information https://www.bajajfinserv.in/shop-on-ecommerce
1. No cost EMI
When you are doing bajaj EMI card online shopping Amazon, you will have no need to pay for any interest. It is absolutely free. Unlike other EMI options in the market which involve additional interest charges, no cost EMI bajaj Finserv simply divide the cost of your product with the tenure chosen by you. That will be the only amount you need to pay monthly.
2. No documentation
No additional documentation is needed at the time of purchase after you have selected the product of your choice. Since your Bajaj Finserv EMI Card already carries all your necessary information, there is no need for additional paperwork.
3. No down payment
Shop for your favorite products online with your Bajaj Finserv EMI Card without having to make any down payment at the time of purchase. Simply enter your card details and divide what you buy on no-cost EMI.
So Bajaj EMI card online shopping Amazon is the effective and easy way to avail no cost EMI amazon. For details about how to obtain a Bajaj Finserv Loan Card, please contact Bajaj Finserv on 020-39575152 (Toll number – charges are applicable). You may also email them at firstname.lastname@example.org.
Benefits of availing No cost EMI Amazon
If you avail no cost EMI scheme. It would be beneficial for you in a number of ways. First, you can buy your favorite item on easy installments on monthly basis. Secondly, you have no need to pay for any interest to the bank. Thirdly you will be able to buy costly products easily on monthly installments which you will not be able to buy on one-time payment as a whole. You will get these benefits by availing no cost EMI Amazon. In addition to you, banks are also getting benefits of interest which are paid by sellers. You will think that sellers would be a loss. But this is not so. Sellers used to offer this no-cost EMI scheme on those products which they want to sale faster. So in a way, they can increase their selling rate and products sold at a faster rate. In the end, it is a happy situation for you as a customer, banks, and seller on Amazon.
Below is the link which teaches you on how to buy using the No Cost EMI Amazon:
Why you should use the no-cost EMI option and how it is beneficial for you?
People should use the no cost EMI Amazon option because it is a helpful and easy way for people to get their dream items. As it involves easy installments for 3 to 6 months people can pay installments easily without paying any interest to the bank or seller. You can buy a costly item which you were unable to buy on one-time payment. In addition to these benefits, you will be benefited by no additional documentation required and no down payments.
You may notice that no cost EMI Amazon scheme has restricted from 3 months to 6 months. Why not for more than 6 months? The reason is simple. As it is the cost paid by sellers, retailers or brands. So, the longest tenure of more than 6 months of the loan means they have to pay more from their own pocket. So they keep installment months short for their own comfy too. They kept it so short that you can feel comfortable with paying it monthly without any interest or processing charges but at the same time they sell the products.
So from the above discussion, it is concluded that No cost EMI Amazon is really an attractive way to purchase your favorite item. It is equally beneficial for customer, banks, and seller on Amazon.
The above explanation may have helped you get a clear understanding of what is no cost EMI meaning, how it works, how to select EMI option in Amazon, Amazon EMI on a debit card, Bajaj EMI card online shopping Amazon, Amazon EMI mobile and how it is beneficial for you. If you have any query or suggestions you can comment below. Your queries will be addressed.