How to Activate EMI on a HDFC Credit Card and the Time It Takes
Many cardholders wonder about the process of activating the EMI (Equated Monthly Installment) on their HDFC Credit Card. It is a common question, especially among new users. The good news is that the process is straightforward and quick. In this article, we will explain how to activate EMI on a HDFC Credit Card and the time it takes.
The Activation Process
As mentioned earlier, there is no specific time period required to activate EMI on your HDFC Credit Card. Once you have your card, you can start making EMI payments almost immediately. However, the system's activation process can take a few days. This is because the HDFC bank needs to update its database to recognize your new card and enable the EMI feature.
Steps to Activate EMI
Apply for a HDFC Credit Card: Visit the HDFC website or a physical branch to apply for a credit card. Provide all the necessary information and documents required during the application process.
Wait for the Card: After your application is approved, the HDFC Credit Card will be delivered to your address. Make sure you receive the card within the stipulated time.
Activate the Card: While the card is being issued, you can already log in to the HDFC online banking portal or download the HDFC Credit Card app to activate your card.
Enable EMI: After activating your card, head to an e-commerce website or the HDFC app. Select the EMI option during the checkout process. No additional activation is required. The HDFC system will handle the rest.
EMI on HDFC Credit Card: What You Need to Know
EMI on a HDFC Credit Card is a convenient payment option that allows you to make installment payments for your purchases. Here are some important points to consider:
Eligibility: EMI is available on HDFC Credit Card for purchase value up to Rs. 50,000. For larger amounts, you may need to use Platinum cards or higher.
Purchase Restrictions: Remember that EMI is not available for certain categories of items, such as immovable property, cars, and travel insurance. It also cannot be used for utilities like electricity, water, and gas bills.
Interest Rates: The interest rates for EMI vary depending on the purchase amount and the HDFC Credit Card you are using. Make sure to check the rates before making your purchase.
Conclusion
Activating EMI on your HDFC Credit Card is simple and doesn't take much time. Once your card is activated, you can make EMI payments right away. However, the initial activation process can take a few days. With this straightforward guide, you can confidently make use of the EMI feature on your HDFC Credit Card without any hassle.
Frequently Asked Questions (FAQs)
Q: Does HDFC Credit Card have an EMI option?
A: Yes, HDFC Credit Card provides an EMI option for purchases up to Rs. 50,000. EMI is available on the HDFC Credit Card app and e-commerce websites.
Q: How long does it take to activate EMI?
A: Once your HDFC Credit Card is issued and activated, you can use the EMI option immediately. However, the initial activation process of your card can take a few days.
Q: Can I use EMI for all my purchases?
A: No, EMI is not available for all purchases. Certain categories, such as immovable property, cars, and travel insurance, are not eligible for EMI payments. Check the HDFC Credit Card terms and conditions for a complete list of eligible items.