Glossary term
EMI Processing Fee
The EMI processing fee is a flat or percentage-based charge, typically Rs. 99 to Rs. 500, applied when converting a transaction to EMI.
Related terms
- EMI Discount on Reward
A discount when paying via EMI.
- EMI Offer
An EMI-based offer from a merchant.
- EMI on Card
Converting a purchase into equated monthly instalments.