How To Buy Mobile Using Debit Card On EMI

A mobile phone is one of the most important gadgets an individual can have. It helps you cater to both your professional and personal communication needs, but buying a smartphone can be a little difficult for many. With EMIs offered on debit cards, it becomes easy to get a mobile phone without having a credit card.  Most individuals prefer to buy their mobile phones with the EMI option since it enables them to pay in a hassle-free manner. Due to this, many people prefer opening a credit card. However, not all individuals are eligible for it. Thus, in order to open an EMI account without having a credit card; one can opt for the EMI facility on the Debit card option.

Purchase shopping bills, mobile bills, insurance premiums, EMIs and other transactions digitally with the help of this debit card. The card is linked to your bank account from which the money is withdrawn in case of an online or offline transaction.'  When it comes to buying a new phone, EMI is the most affordable option to pay off your mobile bills in a certain period of time. The EMI on Debit Card facility thus ensures that you can get your hands on the smartphone of your choice without having to worry about the finances and even the credit eligibility.

If you're thinking of buying a mobile phone on EMI with a debit card, then there are a few things that you must keep in mind. You will not be able to avail an EMI offer if you have bought the handset using cashback or any other offer from the same bank. Keep in mind that most banks have their own eligibility criteria when it comes to approving finance for mobile phones. If at all your application is rejected, here are some tips that might help:

Now you can buy your new mobile on EMI, with a debit card. You don't have to worry about collateral or minimum balance in your bank account; simply pay the difference between instalments directly from your savings account.  There are two ways to check the eligibility of your debit card for buying a mobile on EMI. The first one is to check for your bank account eligibility and the second one is to ask your retailer about their policy.

To know if you are eligible to buy mobile on EMI with a debit card, do the following: SMS DCEMI < SPACE> < LAST 4 DIGITS OF YOUR DEBIT CARD > to the number provided by the bank Or you can also check eligibility online by logging in to your bank's net banking website. Check in the offers section and check for EMI on the debit card. If your application is approved, you will receive an SMS or email from the bank, informing you about your eligibility amount. However, if you are not eligible, you will be notified through email or SMS.

There are many benefits of buying mobile phones on EMI with a debit card. No additional documents are required, no collateral is needed, zero-cost EMI options are available on leading brands and money is not blocked from your savings account. With a minimum purchase value of Rs. 5,000, you can buy high-quality mobile phones that fit your budget without any processing fees.

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