Skip to main content
Watch Out!Instant Refunds are not supported on EMI, Cardless EMI and Pay Later.

Supported Payment Partners

Following is the list of supported Payment Partners for Credit Card EMI and the minimum order amount stipulated by them:

Bank Code | Issuer Bank | Availability | Minimum Amount (in INR)

AMEX | American Express | Request Activation | 5000

BARB | Bank of Baroda | Enabled on first card transaction | 2500

CITI | Citibank | Enabled on first card transaction | 2500

FDRL | Federal Bank | Enabled on first card transaction | 2500

HDFC | HDFC Bank | Request Activation | 1000

HSBC | HSBC Bank | Enabled on first card transaction | 2000

ICIC | ICICI Bank | Enabled on first card transaction | 1500

IDFB | IDFC Bank | Enabled on first card transaction | 2500

INDB | IndusInd Bank | Enabled on first card transaction | 2000

KKBK | Kotak Mahindra Bank | Enabled on first card transaction | 2500

RATN | RBL Bank | Enabled on first card transaction | 1500

SBIN | State Bank of India | Request Activation | 2500

SCBL | Standard Chartered | Enabled on first card transaction | 2500

UTIB | Axis Bank | Enabled on first card transaction | 3000

YESB | Yes Bank | Enabled on first card transaction | 1500

Code | Card Network Name | Availability | Minimum Amount (in INR)

Onecard | OneCard | Enabled on first card transaction | 2500 For HDFC Bank and State Bank of India (SBI), please raise a request here to enable them (not enabled by default). Check the standard credit card interest rates charged by major banks.

Fetch EMI Plans

Use the below endpoint to fetch a list of EMI plans offered by banks: /methods
[YOUR_KEY_ID] RequiredTo fire this API, you must provide your [KEY_ID] for authorization. Your [KEY_SECRET] is not required and should not be passed. Know how to generate the API Keys.
Request

Payment Flow on Standard Checkout

Customers select the products on your website or app and proceed to Checkout. On the Checkout page, the customers:
1

Step 1

Enter the Phone Number and click Continue.
2

Step 2

Select EMI as the payment method.
3

Step 3

Select Credit Card.
4

Step 4

Choose a bank from the list and select the EMI tenure. Click Continue.
5

Step 5

Enter the relevant details. The eligibility depends on the customer’s card’s BIN (first 6 digits). If the card is not eligible, the customers can pay the full amount.
6

Step 6

Choose if they want to Save this card as per RBI guidelines or pay without saving the card.
After the successful payment, Razorpay redirects customers to your application or website. Customers’ monthly statements will reflect the EMI amount with interest charged by the bank. When the customers complete the payment on the Checkout, the entire transaction amount is authorized by the customer’s issuing bank and converted into EMIs within 3-4 days, depending on the payment terms agreed with the credit card provider.

FAQs

Credit Card EMI FAQs.