Features & Benefits

Credit Card EMI Offers

Make your shopping experience smoother and more affordable with the Federal Bank Credit Card EMI facility. Whether you're purchasing electronics, home appliances, or booking travel, you can convert high-value transactions into easy monthly instalments with tenures ranging from 3 to 24 months. With minimal processing fees, attractive cashback offers, and instant discounts at top partner brands, Federal Bank empowers you to manage your finances smartly. No down payment, hassle-free conversion via FedMobile or customer care, and transparent terms make this EMI option a convenient choice for every cardholder. Start enjoying the benefits of flexible payments today with Federal Bank Credit Card EMI.
 

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

Rates & Charges

Enjoy flexible payments with transparent charges and customer-friendly benefits.

Standard EMI Interest Rate

Flat 18% p.a. (1.5% monthly) across all tenures from 3 to 24 months.

Merchant EMI Interest Rate

Enjoy a reduced rate of 16% p.a. (1.33% monthly) across all tenures from 3 to 24 months.

Processing Fees

A nominal fee of 1% of the transaction amount or ₹99, whichever is higher, applies during EMI conversion.

Foreclosure Charges

Foreclosing your EMI plan early will attract a charge of 3% of the remaining principal amount.

Customer-Friendly Waiver

Customers can avail a complete waiver of foreclosure charges, processing fees, interest, and GST once per quarter by informing our contact centre within 7 days of foreclosure.

How to Convert to EMI

How to convert your Credit Card transactions into an EMI?

    Ways to Avail Credit Card EMI

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

  1. POS Machines of Select Payment Aggregators

    Opt for Credit Card EMI while making a payment through POS machines of our partnered payment aggregators, Pinelabs, and Ezetap.

  2. Select Online Merchants

    You can opt for Credit Card EMI while making purchases at prominent Online Merchants supported by Razorpay.

  3. 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.

  4. IVR Call

    Dial our toll-free numbers 1800-420-1199 / 1800-425-1199 to convert your transaction into EMI through an IVR call.