If you to purchase something very essential and do not have money in Bank Account/ Credit Card , debit card emi can help you in realizing the dream at not extra cost.
Currently HDFC bank is offering consumar durable loan through debit card.xxxx is last 4 digit of your hdfc debit card
How to avail Debit Card EMI
If you have HDFC debit card, send sms to 56767 . sms format will be DCEMI xxxx
You can also use netbanking to see consumer durable loan offer ( EasyEmi products) .
How to avail this :-
If price of product is more than 10000 Inr , Flipkar/Amazon are offering Debit Card EMI as payment options. Most electrical gadgets are covered under it.
Have you purchase anything with it ?
Yes, I have used it personally to buy Redmi Note 5, Samsung Curved LED . My Friends also availed it to purchase Laptop ( Lenovo with Graphics Card) and Mobile phone at Flipkart.
Compared to other consumar finance option:
Compared to other consumer finance , it is super convenient , cost effective ,No paperwork , instant processing , 0% interest , flexible payment terms , higher limit and longer duration to repay it.
Person having good credit score and mid-income range could barely avail consumer finance ( more than 80% of salary) . With Debit EMI, you can avail limit upto 15 times of monthly salary. So go for it .