Features & Benefits

Welcome to the Convenient EMI Facility on your Federal Bank Credit Card! 

Buy now and enjoy the benefits of paying at your convenience with our EMI facility. With this feature, you can effortlessly convert your purchases into easy EMIs, allowing you to spread the payments over a flexible tenure ranging from 3 to 24 months.

 

Flexible Repayment Tenures

Choose a repayment tenure that suits your convenience, ranging from 3 months to 24 months.

 

No Down Payment

Start repaying your purchases without the burden of making any down payment.

 

Hassle-free Automatic EMI Conversion

Your transactions will be automatically converted into EMIs, ensuring a seamless experience for you.

 

Attractive Cashbacks & Instant Discounts

Benefit from attractive cashbacks and instant discounts on select merchants and brands.

 

Rock bottom processing Fee

Processing fee starting at just ₹99*

 

At your Fingertips

Convert through FedMobile, Over Call or simply with Instant EMI

 

Don't miss out on the opportunity to make your purchases more convenient and affordable with the Federal Bank Credit Card EMI facility. Start enjoying the flexibility of payments today!

If you have any further queries or need assistance, please feel free to reach out to our dedicated customer support team.

How it Works?

Converting your transactions into EMIs is simple and hassle-free. You can choose any of the following modes to opt for EMI:
 

 
POS Machines of Select Payment Aggregators
Opt for Credit Card EMI while making a payment through POS machines of our partnered payment aggregators, Pinelabs, Ezetap and PayTM.
 
Select Online Merchants
You can opt for Credit Card EMI while making purchases at prominent Online Merchants supported by Razorpay.
 
 
 
 
FedMobile
Login to your FedMobile app, navigate to Credit Cards > More > EMI Conversion. Select the transaction you wish to convert into an EMI and choose a suitable repayment plan, to complete the EMI conversion.
 
IVR Call
Dial our toll-free numbers 1800-420-1199 / 1800-425-1199 to convert your transaction into EMI through an IVR call.

Terms & Conditions

General Terms & Conditions for Credit Card EMI

 

Offer Terms & Conditions

Check out the Fees & Charges, including the applicable interest rates, by visiting the 'Interest Rates Applicable' section in the Terms & Conditions.

EMI Calculator

Use our Credit Card EMI Calculator to estimate your monthly instalment payments conveniently.

Calculate EMI

CC EMI offers

Brand Partners


Get Credit Card EMI on your Preferred Brands


 

 

How to Convert to EMI

How to convert your Credit Card transactions into an EMI?

Credit Card EMI - Frequently Asked Questions


1. What are the benefits of converting transactions to EMI?

  • Flexible Repayment Tenures
  • No Down Payment
  • Attractive Cashbacks & Instant Discounts
  • Processing fee starting at just ₹99*

 

2. How can I convert my transactions to EMI?

You can convert your spends to flexible EMIs and repay in multiple tenures of your choice, either at the time of purchase or after the purchase. You can choose any of the following modes to opt for EMI:

  • POS Machines of Select Payment Aggregators: Opt for Credit Card EMI while making a payment through POS machines of our partnered payment aggregators, Pinelabs, Ezetap and PayTM.
  • Select Online Merchants: Opt for Credit Card EMI while making purchases at prominent Online Merchants supported by Razorpay.
  • FedMobile: Login to your FedMobile app, navigate to Credit Cards > More > EMI Conversion. Select the transaction you wish to convert into an EMI and choose a suitable repayment plan, to complete the EMI conversion.
  • EMI on Call: Dial our toll-free numbers 1800-420-1199 / 1800-425-1199 and follow the instructions to convert your transaction to EMI.

 

3. What are the Rates & Charges on EMI?

For transactions converted into EMI, the principal, interest, and upfront discount provided by the merchant (if any), would be communicated at the time of conversion/transaction.

Interest Rate:

The interest rates have been kept at 15.99% per annum for Merchant/Instant EMI (across all tenures) and 18% per annum for Post Purchase EMI conversions (across all tenures), with monthly rests (based on the tenure availed) + GST. The applicable rate would be available in the Statement of Charges.

Refer General EMI T&C for more details: https://www.federalbank.co.in/credit-card-emi-terms-and-conditions

 

Processing Fee:

Transactions converted to EMI via Offline merchant outlets or online merchants:  1% of the transaction amount or Rs. 99, whichever is higher, will be collected at the time of conversion.
Transactions converted to EMI via FedMobile/ FedNet/ Contact Centre: 1% of the transaction amount or Rs. 99, whichever is higher, will be collected at the time of conversion.

Blog articles related to Credit Card EMI

Understanding Credit Card EMI: A Beginner's Guide

While Credit Card EMIs can help manage cash flows, it's crucial to understand how they work to make informed decisions. Learn the fundamentals of Credit Card EMIs, their benefits, and essential aspects like prepayment and foreclosure.

Learn More
Unlocking the Secret of Credit Card EMI- How to Buy Now and Pay Later

Credit card EMIs have gained popularity, especially for high-end purchases, allowing one to spread payments over time instead of a single upfront payment.

Learn More
Maximise Savings With Seasonal Credit Card EMI Offers

Festive seasons bring joy, celebrations, and enticing shopping deals. As an astute consumer, one can make the most of these occasions by leveraging seasonal Credit Card EMI offers and discounts.

Learn More
How to Use Credit Card EMIs for Big-Ticket Purchases

When it comes to financing big-ticket purchases, Credit Card EMIs can be an innovative and convenient option. Explore the benefits of choosing Credit Card EMIs and learn some clever strategies to make the most of it.

Learn More
Debunking Common Myths About Credit Card EMIs

Many misconceptions surround Credit Card EMIs, leading to confusion and apprehension among Credit Card users. This article debunks common myths about Credit Card EMIs and clearly explains their workings.

Learn More
How to Convert Your Credit Card Purchases into EMIs

By opting for the EMI facility on credit cards, you can break down big-ticket expenses into smaller, more manageable monthly instalments. This will save you from the burden of high-interest payments.

Learn More