Top 5 Websites To Buy Mobile on EMI Online in India Lowest Price

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Top 5 Websites To Buy Mobile on EMI Online in India Lowest Price

Want to Buy a Mobile on EMI and confuse about where to buy it from,then here is a top 5 Indian website list for you to Buy Mobiles on EMI.

But first you need to know that EMI option where customers have the flexibility to pay entire amount in equated monthly installments (EMI) using their credit card only. Debit card and other cards can’t buy you a mobile on EMI.

buy mobiles on emi india

You must have Credit Card limit higher than the value of mobile you are planning to purchase.bcoz the full amount will be deducted from your credit card at the time of transaction then you have to pay it back in monthly installment.

Now the Top 5 Website to Buy Mobile with EMI option

No.1 Flipkart.com

Flipkart’s EMI scheme is available for American Express, Citi, HDFC and ICICI bank credit card holders only.

You may choose to pay in 3,6,9,or 12 month instalments. The minimum order value to avail the EMI payment option is Rs 4,000.

There is NO processing fee charged for availing Flipkart’s EMI payment option. On return or exchange, interest charged by the bank till that time will not be refunded by Flipkart.

The Bank charges annual interest rates (as shown below) according to the reducing monthly balance . In the monthly reducing cycle, the principal is reduced with every EMI and the interest is calculated on the balance outstanding.

EMI plans / Interest charge
Bank 3-month 6-month 9-month 12-month
AMEX - 17.88% - 17.88%
CITI 12% 12% 15% -
HDFC 12% 12% 13% 13%
ICICI 13% 13% 13% 13%
Please note that 3-month /9-month EMI plans not available on American Express credit cards. Similarly, 12-month EMI plan is unavailable on Citibank cards.

Checkout the Mobiles on Offer at Flipkart

 

Buy Mobiles from Flipkart on EMI now

also Check out the Flipkart Offers on Mobiles

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No.2 Infibeam

Infibeam provides EMI facility to all its customers on the purchases above Rs. 2000 to make the payment process easy and hassle free. However For HDFC card holders minimum purchase amount is Rs. 3000.

The EMI payment option is available for ICICI,CITI,HDFC and KOTAK card holders. You can opt for the 3, 6 , 9 or 12 monthly installments.

There is no processing fee to avail the EMI option on infibeam. However,The bank will charge annual rate of interest as shown in below table.

The Annual Rate of Interest depends on your bank and the chosen EMI plan. The below table shows bank-wise Rate of Interest.

Bank 3 month 6 Month 9 Month 12 Month
Citibank 12% 12% 15% 15%
ICICI bank 13% 13% 13% 13%
HDFC bank 12% 12% 13% N/A
Kotak Mahindra bank 14% 14% 15% 15%

Buy Mobiles From Infibeam Now

Checkout All Latest Offers from Infibeam Here

 

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No.3 Snapdeal.com

Minimum cart value to avail 3, 6, 9 & 12 months EMI is Rs 4000.

EMI Valid ONLY for HDFC & Citibank credit card. not applicable for debit cards.

The Bank charges annual interest rates (as shown below) according to the reducing monthly balance. In the monthly reducing cycle, the principal is reduced with every EMI and the interest is calculated on the outstanding balance.

 

Bank/Month 3 6 9 12
HDFC 12% 12% 13% 13%
CITI 12% 12% - -

 

The EMI option is available for all HDFC, and CITI bank credit card holders
There are absolutely no charges for using EMI option on Snapdeal.

Buy Mobiles on EMI from SnapDeal

Check Out All Latest Offers on Snapdeal Here

-Your order value should be Rs. 4000 or above for you to use the EMI option. Not buying any such product? Buy more in one go then. You can include multiple items in your cart totalling to a value of Rs. 4000 or above.

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No.4 Shopclues.com

    • EMI Plans Are Available For Citibank And HDFC Bank Credit Cards Only, No Debit Cards Would Be Accepted.
    • Pay In Easy 3 Month And 6 Month Installments
    • For 3 Month EMI – 3% Of Transaction Amount Will Be Charged As EMI Interest
    • For 6 Month EMI – 5% Of Transaction Amount Will Be Charged As EMI Interest
    • No Refund Of Above EMI Interest Amount In Case You Cancel Your EMI Order

Click Here For Mobiles on Offers at Shopclues

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No.5 Indiatimes Shopping

  • The minimum order value to avail the EMI payment option is Rs 3,000.
  • In case of any kind of refund in an EMI transaction, interest already billed in a particular transaction will not be refundable.
  • The Bank charges annual interest rates (sample calculations below) according to the reducing monthly balance method. In the monthly reducing cycle, the principal is reduced with every EMI and the interest is calculated on the remaining balance.
  • The interest rate shown is annual and the interest amount paid to bank depends on the tenure selected.
  • Indiatimes shopping does not charge any processing fee. The interest shown is paid directly to bank.

EMI sample calculation

  • The table below shows a sample of EMI plans for a Rs 10,000 purchase on Indiatimes Shopping paid using the EMI payment plan.

Tenure (months)

Loan amount

Monthly installments

Bank interest rate (annual)

Total effective price paid

Interest paid to Bank

3

Rs 10,000

Rs 3,400.22

12.00%

Rs. 10,200.66

Rs. 200.66

6

Rs 10,000

Rs 1,725.48

12.00%

Rs. 10,352.90

Rs. 352.90

9

Rs 10,000

Rs 1,172.16

13.00%

Rs. 10,549.44

Rs. 549.44

12

Rs 10,000

Rs 893.17

13.00%

Rs. 10,718.07

Rs. 718.07

Buy Mobiles on EMI from Indiatimes 

Latest Indiatimes Offers on Mobiles here

Also

Homeshop18

 

-The order value must be Rs. 2500 or more to opt for the EMI payment option.
-At HomeShop18.com, EMI schemes are currently only available for ICICI, HDFC and Citibank credit cards.
-The interest charges for different banks are mentioned below:

 

EMI Tenure ICICI Citibank HDFC
3 months 13% per annum 12% per annum 12% per annum
6 months 13% per annum 12% per annum 12% per annum
9 months 13% per annum 15% per annum 13% per annum
12 months 13% per annum 15% per annum 13% per annum

 Click here For Latest Homeshop18 Offers 

Yebhi.com and Ebay.in.

 

Example and Calculations
The table below shows a representative rendering of EMI plans for a Rs 20,000 purchase on Flipkart paid using the EMI payment plan
Tenure (months) Loan amount Monthly installment Bank interest rate Total effective price you pay Interest paid to Bank
3 Rs 20,000 Rs 6,800.44 12.00% Rs. 20,401.33 Rs. 401.33
6 Rs 20,000 Rs 3,450.97 12.00% Rs 20,705.80 Rs. 705.80
9 Rs 20,000 Rs 2,344.32 13.00% Rs 21,098.89 Rs. 1,098.89
12 Rs 20,000 Rs 1,786.35 13.00% Rs 21,436.15 Rs. 1,436.15

You can add your suggestion and shopping experience in the comment section below

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