Amazon EMI on your Debit Card
Friends first whenever you want to buy a product from Amazon on emi
That is, wanted to buy on the installment
So you needed a credit card to pay it
but now
Just a few days ago Amazon
Amazon has launched its own EMI on your debbit card
Under which you can from amazon
Any product up to Rs.1 Lakh can be purchased
by using your ATM card on installment of money
So in this video we will know this
What is Amazon EMi on your debit Card
Under this, any product we have
from amazon on emi using own debit card
Which documents are required to buy the product here?
And which term and condition may have to be followed
How will the payment be on the new
That total money will be deducted from our bank at one go
Or will the installation by installment be cut off
like monthly emi
like credit card
That means the payment will be completed here
And the most important thing
Many people say that
That their card here is not eligible for debit card emi
Some people also say that
Under Debit Card EMI, if you purchases any product
So after buying the product
In this, you have to pay a lot of extra charges
So in this video we will also know
That how you can check the eligibility of your debit card
If your debit card is not eligible
So how can you make your card eligible for debit card emi?
And after purchasing the product here
Which extra charges have to pay
That is, about the Amazon emi on your Debit Card
In this video we will know almost everything
So let's know
Before all we know
What is EMI on your debit card service
Friends , Amazon says under this service
Any product up to 1 lakh rupees from amazon
Using your debit card ie ATM card
on emi or no cost emi
if on that product no cost emi offer is going on
So you can buy that product a t No Cost EMI
Your ATM card,
ie the bank account to which your ATM card is connected
whether the bank account has money or not
It does not make any difference
How to order when there is no money
You will find it further in the video
To purchase any product under Debit Card EMI
You do not even need any of your documents
But,
Here you have to follow some terms and conditions
So what are those conditions
There is the first condition in debit card emi
That you have an ATM card
with which you want to buy the product on emi
It should only be of 6 banks
So which is that 6 bank
That bank is friends
HDFC, ICICI, Federal bank, Axis bank
SBI & Kotak Mahinra Bank
If you have a Debit card from any one of these 6 banks
Only then you will be able to buy
any product on emi from Amazon
This is the other condition friends
That if you have here
HDFC Bank, ICICI Bank, Federal Bank & Axis Bank
Out of these four banks, if the debit card of this bank is
Then the product you want to buy on emi
The price of that product should be minimum 5000
That is, the product you want to buy
It should be priced between Rs.5000 to Rs. 1 lakh
Only then you can buy that product on emi
Same if you have a debit card of SBI or Kotak Mahindra
Then the product you want to buy on emi
The price of that product should be minimum 8000
That is, it should be priced between Rs.8000 to Rs.1 lakh
Only then you can buy that product on debit card emi
So here if you are following these two conditions
So can you buy any product on EMI from Amazon?
No friends
Here you are not given EMI to all cards of these banks
These banks have only a few cards which are eligible for Debit card emi
So in those eligible cards have your card or not?
You have to check
That is, you have to check the eligibility of your card
So how do you check eligibility
Here are 2 ways to check eligibility of your debit card
In the first way
The mobile number you have registered in your card
You have to message from that mobile number
Like if you have a ATM card of HDFC
Then the mobile number registered in your HDFC card
From that write a message MYHDFC to 5676712
Same if you have an ATM card of Kotak Mahindra Bank
Then, mobile number registered in that ATM CArd
Write DCEMI last four digit of atm card number
And the message has to be messaged on 56767788
The same process also happens in the debit card of Axis Bank
He also has to message with registered mobile number
DCEMILast 4 digit of debit card number
And send it to 5676782
But if you have a debit card of SBI
So in that you have to write normally DCEMI
and message it to 567676
So as soon as you message
So shortly after messaging
From there you get an auto-generated message reply
In which mention that
That your debit card or ATM card
is eligible for debit card emi or not
If eligible for debit card emi
So how much amount of product you buy on EMI
It also keeps telling you in the same message
So friends, this is the first way to check eligibility
Friends are having a problem in this way
So why is the problem happening
The problem is because of
Because everybody recharges the unlimited calls
Because of which I do not have balance in their sim
Due to which messages of some people do not go away
And what happens to some people
From there the message is not coming in the reply
due to network problem
So both of these problems come with the peoples
And people think that the video itself is misinformed
So the people with whom this problem is coming
So how will they check eligibility of him debit card
So there is another way for them
So how would we check in other ways
In the second wire you have to do
The debit card you want to check eligibility for emi
You have to add it to your Amazon account in advance
in payment method
So when your debit card added ion your amazon
So after being added, you
Searching for debit card emi in amazon search bar
Then first a link will open for debit card emi
you have to click on debit card emi
You will then be taken to the page of debit card emi
If you can't go like this
So the description of this video has a direct link to that page
You can go to that page by clicking on it
So after going there
If you go there before saving the card
So there, will tell you some information about Debit Card emi
But if you go after the card added in amazon acc.
And if your debit card is eligible
Then you will get a message on that
Congrtulations, your debit card is eligible for emi
And the bank whose card will be
The logo of that bank will be
So this way you will know which debit card
is eligible for debit card emi
But from here you will not know that
How much amount of product can you
buy on debit card emi from Amazon?
For that you have to adopt the first method
Then the message will be come from there
In that message, you will be told as Eligible EMI Amount
So from that you can know
how much amount of product
you can buy using your debit card
So this is both ways to check eligibility
So if your debit card is eligible
So how will you buy the product with debit card emi
Nothing much to buy product
The way you buy any normal product
In the same way you have to buy
Normally you have to select the product
The Product that you want to buy on emi
After that you have to click on Buy Now or Add to Cart
Then you have to proceed to pay
& then come to the payment gateway while continuing
The way all options are available for payment gateway
Will still show you the same way
But if you have already added a debit card
Then he will also show your saved Deit card
In which you have the option
to fill CVV directly
But if you haven't saved
if you don't save your debit card before
So there is a debit card and credit card option
Or which is the option of EMI
You can select anyone in both
There will be an option to fill the card detail after selecting
So in them you have to fill the debit card details
Then add that card
Once the card is added,
this card will also look like a saved card
So look at the debit card which is not eligible for EMI
You will not see any option of any kind
But which card is eligible for debit card EMI
As soon as that card is saved,
then an option of PAY IN FULL under it will go one
you have to click on that
as soon as you click on pay in full
then there will showing some more options
Like that would be the first option is Pay in Full,
And below that will be the detail of the EMI Month
That is, if you buy the product on EMI
So how many months can you get to pay
In this, the first option will be 3 months emi
6, 9, 12, 18, & 24 month
You can get up to 24 months option
After that, you will also be told on the same
How many months will you take for emi payment,
then how much amount you have to pay per month
And after that if on that product no cost emi going on
So no cost will show
Otherwise, you will have as many months as you
How much interest will you have to pay in that month
He will also be told on the same
And the amount which is shown there emi amount
That's the final amount
After adding interest,
how much amount you have to pay per month
That amount shows there
And then the interest is extinguished
That how much percent interest is being paid here
The only interest show there
that this interest rate is appilied on this amount
So now it comes that
people who want to buy on no cost emi
How will they buy on no cost emi
How will they know which product is getting on no cost?
Friends, this is where interest is showing you
If there is no cost emi offer on any product
Then, instead of pay interest,
there will be a red color with no cost written on it
Then you will know that
if you take so much money then you can get no cost
So here accourding to yu
As many months as you want
You have to select that option
as soon as you selet emi month option
So all three things below that
EMI Ammount, Interest, & EMI Month
These three things will look the same in your detail
Which has to be carefully checked and then continue
Then you will be taken back to the previous page
Where it was written Pay in full
Now the month you have selected the emi
will show the month
And then friends will have the option
to fill the poem there.
fill CVV number & continue
Then a OTP will be sent to your mobile number
Here is the way you fill normal OTP
Won't be that way
Here, there can be an option to select emi month
while filling the OTP
But this does not happen in all banks
So these friends are normal for
people who also do online shopping
They will easily cross it
So here OTP has to be fill
then clcik on submit
So here you will get paid
Your order will be placed
So in this way you can order
any product by on emi using your debit card
So now, when it comes to deducting money here
How much money will be deducted
from your bank account now
When you place order
Friends whenever you place an order
At that time
you do not deduct even one rupee from your bank account
That is 0 rupees deducted
Whether you have money in your bank account or not
It doesn't matter
I already told you this
So here do not deduct even one rupee from your bank account
Then when will the money be deducted
A few days after placing the pay order here
Maybe your product reach to you, you can use it
After that from your bank account
Total price of your order should be deducted
But after the deduction
Within 1-2 days,
that Total money will come to your account
So here all this debit and credit work
does not happen with all banks
This happens with some banks and some accounts
Who has this EMI offer
This does not happen in their account
So now, how & when will the emi amount be cut
How do we have to pay for emi Amount?
Friends, whatever debit card you have used here
Every bank will be debited from bank account on the 5th
Like if you order on 3rd date of the month
So after that, 5 date is coming after 2 days
So your first EMI will be dedicated on the 5th date
Same if you order 6th date of month
So the next 5th dates of next month will come
That day you will have your first emi deducted
That is, the day you ordered
After that, your 5 date are going to come later
That date will be your 1st EMI Deduct from your account
Same friends second emi
Which will come after that 5th date
The second emi will deduct on that day
After that the 5th date will come
on that day your 3rd emi will be deduct
And in the same way
You have taken the emi month as well
For that month, your emi amount will be deducted
from your bank account
So now the point is that if we place an order here
So some people said that
A lot of extra charges have to be paid here after order
So which extra charges have to be paid here
You have to pay 2 charges there
First charge is GST Charges
If you buy any product on EMI
So he has to pay 18% GST on the interest amount
GST charges are not applicable in all banks
Same friends, second charge is processing fee
Processing fee is available only on 2 bank debit cards
Here you get emi on Pay 6 bank debit card
But the processing fee takes only 2 bank
If you buy the product on EMI using 6 bank debit cards
Then you will not even feel the processing fee
So which banks this processing fee takes place
if you buy any product on EMI using HDFC debit card
So in that you
Processing fee of Rs 99 will be charged
The same if you buy using ICICI Bank's debit card
So on that you have to pay a processing fee of Rs. 199
So here, only these two charges are deducted
The rest of the charges list are given in top comment
So by going through it,
you can know more details about extra charges
So now it comes that a lot of people say
That their debit card is not telling eligible for emi
So why is this happening
This is happening because what many people do here
When they get to know about this debit card emi
So they, quickly go to any of these 6 banks
And they open their bank account
Issue a debit card of that bank account
They try to buy that product on that debit card
Which does not indicate his debiot card eligibility here
This is the second region
That have a poor CIBIL score
Or those who do not keep the balnce in their account
Or heer don't do much transactions
his debit card also show not eligible here
So eligible will tell how
Let me tell you first
That by using the debit card
you want to buy any product on the EMI
That debit card must be at least 3 months old
On that time, that debit card will be declared eligible
The second region is the
CIBIL Score and average balance
So you have to keep your CIBIL score good
So many people will not know what this CIBIL score is
So if you want to know about CIBIL score
So a dedicated video of the CIBIL score
is uploaded on our channel
You will find its link in the description of this video
Or may also be shown above in card
So go through both of them and watch this video
After watching that video,
you will know what is this CIBIL score
How can you check the CIBIL score for free?
And if your Cibil score is bad
So how can you improve it
So here you have to check your CIBIL score
And if your CIBIL score is bad then u have to improve it
Also the ATM card you want to use for EMI
In that you have to keep a good balance
And don't just keep the balance
On some days you also have to do transactions
Then your debit card will become eligible
So now you must be thinking that
even before you were doing Tranction in ATM
So here you have to
That you will have many debit cards
There will be many more debit cards in the family
So what do you do that
all the debit cards use bit by bit
Due to which no debit card is eligible
So you can do that you use only one debit card
The debit card you want to be eligible for emi
So the automatic debit card will have a good balance
And the transaction will be more
So if this happens for 3-4 months
Then your debit card
Debit Card will be eligible for Debit card emi
And after that you can use your ATM card
Any product up to Rs. 1 Lakh from Amazon
Will you be able to buy on Debit Card EMI
So friends you must know by now
That whis is this amazon emi on your debit card
Any person under it
Any product up to Rs 1 lakh
How can I buy withy debit card emi
Which documents are required for debit card emi?
How to check eligibility for debbit card emi?
If not eligible how can you be eligible for debit card emi
So if you like this video
If you got to know anything from this video
So you can like this video
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Or do you want to improve anything in this video
You comment in the comment box of this video
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