OEM

Bank name

Tenure

Amount


*T&C Apply

Participating Banks

* " Please note that EMI rates for HDFC Bank are not updated. Please refer to chargeslip for latest rates."
* " Special Promotional offer on Samsung S5 available on Citi bank cards, please consult your merchant. "
* " Information reflected on EMI calculator are subjected to change without prior intimation"
"Information printed on the EMI charge slip will be considered final".

Pine Labs' Bank EMI Interest Rates

ON CREDIT/DEBIT CARDS

INTEREST RATES (p.a.) on reducing balance

Issuer Name Model Type 3 Months 6 Months 9 Months 12 Months
AXIS Credit CB ROI Effective Rate 12.00% 2.01% 12.00% 3.53% 13.00% 5.49% 13.00% 7.18%
AMEX CB 2% processing fee will be charged on all EMI txns ROI Effective Rate 12.00% 2.00% 12.00% 3.50% 12.00% 5.00% 12.00% 6.50%
CITI CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 15.00% 6.35% 15.00% 8.31%
HDFC Credit Discount ROI Effective Rate 13.00% 2.15% 13.00% 3.70% 14.00% 5.60% 14.00% 7.20%
HSBC CB ROI Effective Rate 12.50% 2.09% 12.50% 3.68% 13.50% 5.71% 13.50% 7.46%
ICICI Credit CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 13.00% 5.49% 13.00% 7.18%
INDUSIND CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 13.00% 5.49% 13.00% 7.18%
KOTAK CB ROI Effective Rate 12.00% 2.01% 12.00% 3.53% 14.00% 5.92% 14.00% 7.74%
SCB CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 14.00% 5.92% 14.00% 7.74%
RBL Bank CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 13.00% 5.49% 13.00% 7.18%
Union Bank Of India CB ROI Effective Rate 12.00% 2.01% 12.00% 3.53% 12.00% 5.07% 12.00% 6.62%
YES Bank CB ROI Effective Rate 12.00% 2.01% 12.00% 3.53% 13.00% 5.49% 13.00% 7.18%
ICICI Debit CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 13.00% 5.49% 13.00% 7.18%
HDFC Debit CB ROI Effective Rate NA NA 15.00% 4.25% 15.00% 6.00% 15.00% 7.70%

Terms & Conditions for Merchant Outlets / Store / Entity who have opted for EMI Facility:

1. EMI conversion is at the sole discretion of the card issuer bank(s). In case of any complaints, the cardholder is requested to contact the card issuer bank

2. An annualized interest rate (on reducing balance) to be charged by Issuer Bank to its Customer (cardholder)

3. EMI is not applicable on charge cards and corporate cards issued by Banks

4. Minimum transaction amount on which EMI can be offered is set as provided by respective Card Issuers Banks

5. EMI option for respective Issuer banks card and the corresponding rates are applicable and subject to approval from Issuer Banks

6. The rates are subject to change with prior intimation from respective Issuer Banks

7. Availability of any new or existing Issuer Bank under Instant EMI and Bank EMI is subject to change as instructed by the Issuer Bank and shall be communicated accordingly

8. Bank EMI program for HDFC Bank is available only under ONUS EMI TID provided by HDFC Bank

9. EMI on debit card is only available on selected HDFC & ICICI Debit Card transactions

10. All service taxes / GST /Other applicable taxes, duties, levies and surcharges shall be charged over and above the interest amount

11. Pine Labs or Card industry stakeholders like Banks and Card association (Visa / Master / Amex / Diner / JCB / Rupay) can print any campaigns / promotional details on the customer charge-slip that gets printed on the Pine Labs EDC Devices

12. The merchant agrees not to advertise / market / publicize in any manner what so ever, the said EMI schemes as ‘zero percent’ / ‘interest-free’ in letter and spirit

13. Further Terms & Conditions apply. Cardholders are requested to check the same with the Card Issuer Bank

14. This EMI offer is available only on Plutus EDC terminals from Pine Labs