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 EMI

ON CREDIT CARDS

INTEREST RATES (p.a.) on reducing balance

Issuer Name Model Type 3 Months 6 Months 9 Months 12 Months
AXIS 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%
Citibank CB ROI Effective Rate 13.00% 2.17% 13.00% 3.83% 15.00% 6.35% 15.00% 8.31%
HDFC 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 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%
SBI Discount ROI Effective Rate 14.00% 2.29% 14.00% 3.96% 14.00% 5.59% 14.00% 7.19%
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

General Term & Condition For Merchant Outlets / Store / Entity who have opted for EMI Facility;

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

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

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

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

5. 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.

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

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

8. Pine Labs or Card industry stake holders 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.

9. 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.