Can we pay EMIs through a credit card?

Yes, you can pay for high-value purchases in Equated Monthly Instalments (EMIs) using a credit card. Most Indian banks and card issuers allow you to convert eligible transactions into EMIs either at the time of purchase or later through their mobile app or net banking. Key points to note include:

• Interest rates typically range between 12% and 24% per annum.
• A one-time processing fee may apply.
• The total purchase amount is blocked against your credit limit until repaid.
• Certain categories like gold or jewelry may be excluded from EMI conversion.