Glossary term
EMI on Card
EMI on card allows the cardholder to convert a high-value purchase into monthly instalments at a fixed interest rate, paid over a tenure of 3 to 24 months.
Related terms
- EMI Discount on Reward
A discount when paying via EMI.
- EMI Offer
An EMI-based offer from a merchant.
- EMI Processing Fee
A one-time charge for converting to EMI.