Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • ICICI Credit Card EMI

     

    ICICI bank offers its existing credit card users two different options to convert their credit card payment into EMIs - EMI on Call and Instant EMI.

    While EMI on call is applicable post purchase, Instant EMI is applicable only on selected purchases. In both the cases, the minimum purchase amount should be more than Rs.3,000.

    Availing ICICI’s ‘EMI on Call’ facility

    ICICI credit card users have three different ways to raise a request for converting their credit card bill into EMIs

    • Call Customer Care: Visit ICICI’s customer care numbers page https://www.icicibank.com/customer-care.page? to find your city/state specific helpline number. Have your credit card handy while calling as you may be asked for the card details. You can clear all your doubts as well as apply for the conversion through the same call.
    • By sending an SMS: If your attempts to approach the customer care fail, send an SMS ‘EMI’ to 5676766. You’re likely to receive a call on the registered mobile number. Once you receive the call, you can raise a request to convert credit card transaction into EMI.
    • Internet banking: Using ICICI net banking makes your job even easier. If you have an existing net banking account, login with your credentials. Click 'Convert to EMI' option listed under Credit Cards section.

    Select the transaction you wish to convert into EMI, tenure, which is typically between 3-12 months and click Convert into easy EMIs.

    Once you’ve raised the request using any of the above mentioned methods, you will receive an acknowledgement as well as a confirmation message from the bank. Your request will be processed in a few days or immediately based on your eligibility.

    Things to Note while Applying for ICICI’s ‘EMI on Call’ facility

    • The EMI on Call facility is available only on ICICI bank retail credit cards
    • You can apply for EMI on Call facility within 30 days from the date of purchase only
    • ICICI reserves the right to approve or reject the conversion request
    • The bank will take two working days to convert your credit card bill into EMIs once the request is raised
    • Certain transactions involving purchase of fuel, gold, jewellery, cash withdrawals are not eligible for EMI conversion
    • The interest rate and the processing fee will be same as mentioned to the card member at the time of availing the scheme
    • Interest calculation will begin from the time the request for EMI conversion has been made
    • Prepayment of EMI or pre-closing the facility is possible at any point of time by contacting ICICI bank's customer care. A foreclosure fee will be charged as applicable
    • Customers has the provision to cancel the EMI conversion within 15 days of availing the facility. Upon successful cancellation, the original transaction amount will be debited back to the account and all the levied charges for conversion will be reversed.

    Availing ICICI’s ‘Instant EMI’ facility

    Instant EMI is another option offered by ICICI bank applicable for the credit card transactions conducted using retail credit card on Electronic Data Capture (EDC) terminal available at the point of sale and also for online transactions eligible for EMI payment option.

    ICICI has partnered with more than 250 retail brands to offer best EMI deals to its credit card customers. The deals will be displayed for the eligible products available for sale on various ecommerce platforms or will be explained by the retail seller if the product is eligible for Instant EMI conversion.

    Once the customer performs the transaction and when his/her card has the requested balance, the transaction will be approved. The purchase will be automatically converted into EMI scheme.

    Customers can choose a tenure of 3, 6, 9, 12, 18 or 24 months. The bank is currently charging zero processing fee for converting credit card purchases into EMIs.

    The Instant EMI option is not available for some of the ICICI credit cards such as EMI Card, Business Card, American Express Card and Corporate Card.

    Both pre-closure and cancellation facilities are available for Instant EMI option with almost similar terms and conditions as EMI on Call.

    ICICI Credit Card EMI Calculator

    Before opting for EMI conversion option you can calculate your monthly installment on your own by using ICICI EMI calculator option. The calculator is available for both Instant EMI and EMI on Call options. To use the calculator, follow the steps below.

    Visit the ICICI EMI calculator page.

    https://www.icicibank.com/calculators/credit-card-emi-calculator.html and enter the details as required.

    You have to enter the amount you want to convert into EMI in the transaction amount column, select the tenure, and enter the rate of interest.

    As soon as you enter the details you will find a table towards your right with EMI amount, principal and interest you are paying, and balance amount. You will also find total interest payable and the total amount payable for the selected tenure and interest.

    Alternatively, you can also use the below table for reference. It shows the EMI (calculated at interest rate of 13% per annum) you need to pay based on your loan amount and tenure.

    Loan Amount (Rs.) 10,000 20,000 30,000 40,000 50,000
    3 months 3,406 6,812 10,218 13,624 17,030
    6 months 1,731 3,461 5,192 6,922 8,653
    9 months 1,173 2,345 3,517 4,689 5,861
    12 months 894 1,787 2,680 3,573 4,466

    The rate of interest considered to calculate the EMIs is 13%.

    Also Know About Other Bank Credit Card EMI

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    ICICI Credit Card EMI Reviews

    • ICICI Bank Credit Card
      "Good service"
      0.5 5.0/5 "Blown Away!"
      Am having ICICI credit card for two years, I feel good and have not face any issues. The best part about the card is its a life time free card. I used to get my card statement on time. I used this card for shopping, groceries and for many other personal purposes.I am using the bank mobile app which function smooth and simple.
      Was this review helpful? 22
      , faridabad
      Reviewed on Mar 21, 2020
    • ICICI Bank
      ICICI Bank Credit Card
      "Need to increase the credit limit "
      0.5 5.0/5 "Blown Away!"
      I have been using ICICI card for more than one year. They have provided an annual fee chargeable card and waiver off option is applicable. The credit limit is okay of 50K. Since I need to do purchase about 45K on some of the month so this limit is not sufficient. I swipe the card for travel, shopping and fuel purposes. I have not opted for EMI conversion.
      Was this review helpful? 16
      , kolkata
      Reviewed on Mar 21, 2020
    • ICICI Bank Credit Card
      "Okay service"
      0.5 4.0/5 "Great!"
      I got Make My Trip card offer directly from ICICI bank. Hence I have been using this card for more than a year. First year annual fee chargeable of 500 rupees from 2nd year onward its free. The credit limit is 60K. Since they provide more offers so chosen it. I am yet to use for travel purpose. Mobile app is user friendly to access. It is easy to check the statement in app and will be update on time.
      Was this review helpful? 0
      , hosur
      Reviewed on Mar 21, 2020
    • ICICI Bank Credit Card
      "Need to increase the credit limit"
      0.5 4.0/5 "Great!"
      ICICI has given easy option to convert for EMI either I can do by mobile app or net banking rather calling the banker to raise a request, so that I feel best in this bank. The charge is nominal. I have been using this card for more than 4 years. It is a life time free card. The credit limit is okay of 36K only once they have increased the limit for second time I have refused it. It is a Platinum card. I use this card for an online purchase and fuel purposes.
      Was this review helpful? 1
      , hosur
      Reviewed on Mar 21, 2020
    • ICICI Bank Credit Card
      "Need to enhance the credit limit"
      0.5 2.0/5 "Expected more"
      I am unhappy with ICICI customer service because there is no proper response from their end. The limit which was provided from bank was not sufficient and low of only 16K. Since 16 years I am using this card not even a single time I got a call from bank for enhancement. It is a life time free card. The best which I would like to say is this card is acceptable in many places.
      Was this review helpful? 22
      , chennai
      Reviewed on Mar 21, 2020
    • ICICI Bank Credit Card
      "Good "
      0.5 5.0/5 "Blown Away!"
      The credit limit which is provided from ICICI bank was sufficient to use. Its been one year I am holding this card. They have provided an annual fee chargeable of 4K but they have given an option for wavier off as need to spend 3K on monthly. I swipe the card for shopping, fuel purpose so got reward points.
      Was this review helpful? 2
      , bangalore
      Reviewed on Mar 21, 2020
    • ICICI Bank Credit Card
      "Excellent card"
      0.5 4.0/5 "Great!"
      ICICI bank have provided a good credit card to me which have a lot of offers in traveling, fuel surcharge, buy one get one free movie tickets every months along with many rewards points. Its also a life time free card.The card is very convenience to used. I do my credit card payment through bank.
      Was this review helpful? 3
      , tirunelveli
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Good service"
      0.5 3.0/5 "Satisfactory"
      Since I am having my saving account in ICICI bank and the bank so i decides to apply for a credit card also but i am not satisfied since the credit limit is only 50,000 as I am expecting to get more than the limit, the rate of interest is 13%. However it was fine because it is a life time free card.
      Was this review helpful? 1
      , new delhi
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Good bank "
      0.5 4.0/5 "Great!"
      I am using ICICI credit card more than 8-9 months . This is a free card and i am getting reward points and cash back offer. It has a offer for buy one get one movie tickets and they given a very less credit limit, compare to my other cards credit limit is not sufficient. ICICI app is excellent, its very friendly for the user.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Excellent service"
      0.5 3.0/5 "Satisfactory"
      I have closed ICICI credit card for a long time ago because i feel that it is no use to me as it have so many credit card with a good credit limit because the limit of this card is only 18,000 which is very low even though its a free card. I have taken the card because the agent came to the mall and suggested this card to me.
      Was this review helpful? 0
      , ujjain
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Good card "
      0.5 4.0/5 "Great!"
      I have applied ICICI Bank Amazon credit card for the past 7 months and I am getting 2,500 cash back and they given 5% on amazon shop and also 2,800 cash back till now all discount I have utilized . I am not sure with the rate of interest because i am paying on time bill.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Need to provide more offers "
      0.5 3.0/5 "Satisfactory"
      I am using ICICI card for more than 3-4 years. It is a life time free card. The credit limit is less only, though I got a call from bank and ready to enhance but not accepted from my end. There is EMI conversion option. There is no offers and I am not getting benefits like cash back and reward points. Their service is good.
      Was this review helpful? 9
      , bangalore
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I am using ICICI bank credit card which was taken through online .I am using this credit card for the past 2 years only ,This card is very useful on all emergency situations ,This was a life time free card and this card is playing vital role on when dont have cash on hand ,nowadays this credit card is used by everyone and the service was really good .
      Was this review helpful? 4
      , ujjain
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I am using ICICI credit card for more than two years, I apply the card because at that time I was in need. I don't remember how much is the credit limit, because I had check it long time back. The customer service is very good because whenever I call the bank they always give a fast response. I am very much satisfied with the bank.
      Was this review helpful? 5
      , coimbatore
      Reviewed on Mar 20, 2020
    • ICICI Bank Credit Card
      "Excellent card"
      0.5 5.0/5 "Blown Away!"
      From ICICI Bank, i am using make my trip signature credit card. I am using for travel purpose and i am getting lounge access and there is a no annual charges only one time joining perks is Rs. 1500 for that they given flight ticket through my wallet, i used that. I am getting reward point added to my make my trip wallet and i can use in any airlines.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 19, 2020
    • ICICI Bank Credit Card
      "Excellent card"
      0.5 4.0/5 "Great!"
      I am using ICICI Bank coral credit card, maximum i am using for groceries , shopping all purpose. I applied this card through other channel and EMI facilities are available. The rate of interest was okay and its a good card process. Annual charges is applicable and I am getting 1+1 movie offer.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 19, 2020
    • ICICI Bank Credit Card
      "Good card "
      0.5 5.0/5 "Blown Away!"
      I got amazon card from ICICI Bank, recently i got this credit card . What ever we purchase in amazon I am getting 5% discount, still yet to start this card. I have applied this card through amazon app and the process was done by online itself. Their service was quite long and good.
      Was this review helpful? 2
      , chennai
      Reviewed on Mar 19, 2020
    • ICICI Bank Credit Card
      "Good "
      0.5 5.0/5 "Blown Away!"
      ICICI has provided the credit limit of 50K which is fine to use. I am using this card around 1.5 years. It is an annual fee chargeable of 500 rupees which was processed via bank. I applied through an online shopping so I get cash back and for mobile purchase I get good discount and cash back up to 5%. EMI conversion is applicable.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 19, 2020
    • ICICI Bank Credit Card
      "Everything is good "
      0.5 5.0/5 "Blown Away!"
      I am using ICICI Bank Coral credit card more than 2 years. This is a free card and i am getting reward points and cash back offer. It has offer for buy one get one movie tickets and they given a good credit limit, apart from this interest is very low. ICICI app is excellent, its very friendly for the user and the tele calling is good and i am getting reminder. My wife use to shop at big basket got a discount also.
      Was this review helpful? 2
      , kolkata
      Reviewed on Mar 18, 2020
    • ICICI Bank Credit Card
      "Need to provide more limit "
      0.5 4.0/5 "Great!"
      I have been using ICICI card past 2 months which was applied via online. They have offered a life time free card. But the credit limit is not sufficient got only 35K, requested to increased the limit but the banker is saying they can do lesser for a first time. EMI conversion is applicable. It is a platinum card. I use this card for all purposes.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Mar 17, 2020
    Common Loader Icon
    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.