Credit card EMI vs personal loan — which is cheaper?
Nachiar Patil
Asked 16 May 2026
I need to finance a purchase of ₹75,000. Should I convert the transaction to credit card EMI or take a personal loan? Which is actually cheaper after all charges?
2 Answers
On credit limit increase: most banks auto-review every 6 months. If you use 30-70% of the limit and pay in full, you'll get an automatic increase. Don't call and ask for it explicitly — banks take it as a sign of credit hunger and sometimes lower the limit instead.
Two cards from the same bank usually share credit limit, not stack it. So if bank gives you ₹2 lakh total, splitting between two cards doesn't increase your available credit. That's a common misconception people carry when applying for their second card.
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