Have you recently Bought an Expensive Home Furnishing Item like a Leather Sofa Set or an Internet Smart TV on your Kotak Credit Card and worried to Pay the Bill ? Following into the footsteps of Market Leader in Credit Cards, HDFC, everybody is offering an option to convert High Value Purchases into EMI. Here is a Step-By-Step Guide on How to Convert your Kotak Credit Card Purchases into EMIs, the cost of servicing the EMI without negatively impacting your CIBIL Credit Report and Score.
What are the Terms & Conditions for Converting Purchases into EMI on Kotak Cards ?
- Transaction can be converted to EMI only within 15 days of transaction date.
- Only Retail Transactions above Rs.3000 can be converted to an EMI.
- EMI request can be accepted for a maximum amount of 75% of credit limit