Payments

Payment Methods

Emi

Credit Card Emi

Credit Card EMIs - Standard Checkout

Let your customers avail Credit Card EMIs at Razorpay Standard Checkout.

EMI is a popular payment method that customers prefer to reduce upfront payments for products. Razorpay Checkout supports EMIs on the credit cards issued by major banks. EMI is available by default on Razorpay Standard Checkout. No additional integration is needed.

Payment Flow🔗

  1. Customers enter the necessary details on the Checkout and select EMI as the option.

  2. From the EMI options available, customers select EMI on Cards.

  3. On entering the credit card details, all the valid EMI plans are displayed.

  4. Customers select the required EMI plan and proceed to complete the payment.

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.

Fetch EMI Plans🔗

Use the below endpoint to fetch a list of EMI plans offered by banks:

/methods

[YOUR_KEY_ID] Required
To fire this API, you need to provide your [KEY_ID] for authorization. Your [KEY_SECRET] is not required and should not be passed.

Copycurl -u [YOUR_KEY_ID] \
-X GET https://api.razorpay.com/v1/methods

Copy{
  "entity": "methods",
  ...
  ...
  "emi_plans": {
    "KKBK": {
      "min_amount": 300000,
      "plans": {
        "3": 12,
        "6": 12,
        "9": 14,
        "12": 14,
        "18": 15,
        "24": 15
      }
    },
    "UTIB": {
      "min_amount": 300000,
      "plans": {
        "3": 13,
        "6": 13,
        "9": 14,
        "12": 14,
        "18": 15,
        "24": 15
      }
    },
    "INDB": {
      "min_amount": 200000,
      "plans": {
        "6": 13,
        "9": 13,
        "12": 13,
        "18": 15,
        "24": 15
      }
    },
    "RATN": {
      "min_amount": 100000,
      "plans": {
        "3": 13,
        "6": 13,
        "9": 13,
        "12": 13,
        "18": 13,
        "24": 13
      }
    },
    "HDFC": {
      "min_amount": 300000,
      "plans": {
        "3": 15,
        "6": 15,
        "9": 15,
        "12": 15,
        "18": 15,
        "24": 15
      }
    },
    "SCBL": {
      "min_amount": 250000,
      "plans": {
        "3": 13,
        "6": 13,
        "9": 14,
        "12": 14
      }
    },
    "BARB": {
      "min_amount": 250000,
      "plans": {
        "3": 13,
        "6": 13,
        "9": 13,
        "12": 13,
        "18": 15,
        "24": 15
      }
    },
    "ICIC": {
      "min_amount": 150000,
      "plans": {
        "3": 12.99,
        "6": 13.99,
        "9": 13.99,
        "12": 13.99,
        "18": 14.99,
        "24": 14.99
      }
    },
    "YESB": {
      "min_amount": 150000,
      "plans": {
        "3": 13,
        "6": 13,
        "9": 14,
        "12": 14,
        "18": 15,
        "24": 15
      }
    },
    "CITI": {
      "min_amount": 250000,
      "plans": {
        "3": 13,
        "6": 13,
        "9": 15,
        "12": 15,
        "18": 15,
        "24": 15
      }
    },
    "AMEX": {
      "min_amount": 500000,
      "plans": {
        "3": 14,
        "6": 14,
        "9": 14,
        "12": 14,
        "18": 14,
        "24": 14
      }
    }
  },
  "emi_options": {
    "KKBK": [
      {
        "duration": 3,
        "interest": 12,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "1.97"
      },
      {
        "duration": 6,
        "interest": 12,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "3.41"
      },
      {
        "duration": 9,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "5.59"
      },
      {
        "duration": 12,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "7.19"
      },
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "14.07"
      }
    ],
    "UTIB": [
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "14.07"
      },
      {
        "duration": 3,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "5.59"
      },
      {
        "duration": 12,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "7.19"
      }
    ],
    "INDB": [
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 200000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 200000,
        "merchant_payback": "5.21"
      },
      {
        "duration": 12,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 200000,
        "merchant_payback": "6.70"
      },
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 200000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 200000,
        "merchant_payback": "14.07"
      }
    ],
    "RATN": [
      {
        "duration": 3,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 100000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 100000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 100000,
        "merchant_payback": "5.21"
      },
      {
        "duration": 12,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 100000,
        "merchant_payback": "6.70"
      },
      {
        "duration": 18,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 100000,
        "merchant_payback": "9.59"
      },
      {
        "duration": 24,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 100000,
        "merchant_payback": "12.36"
      }
    ],
    "HDFC": [
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "14.07"
      },
      {
        "duration": 3,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "2.45"
      },
      {
        "duration": 6,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "4.23"
      },
      {
        "duration": 9,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "5.97"
      },
      {
        "duration": 12,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 300000,
        "merchant_payback": "7.67"
      }
    ],
    "SCBL": [
      {
        "duration": 3,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "5.59"
      },
      {
        "duration": 12,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "7.19"
      }
    ],
    "BARB": [
      {
        "duration": 3,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "5.21"
      },
      {
        "duration": 12,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "6.70"
      },
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "14.07"
      }
    ],
    "ICIC": [
      {
        "duration": 3,
        "interest": 12.99,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13.99,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "3.96"
      },
      {
        "duration": 9,
        "interest": 13.99,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "5.59"
      },
      {
        "duration": 12,
        "interest": 13.99,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "7.18"
      },
      {
        "duration": 24,
        "interest": 14.99,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "14.06"
      },
      {
        "duration": 18,
        "interest": 14.99,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "10.94"
      }
    ],
    "YESB": [
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "14.07"
      },
      {
        "duration": 3,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "5.59"
      },
      {
        "duration": 12,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 150000,
        "merchant_payback": "7.19"
      }
    ],
    "CITI": [
      {
        "duration": 3,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "2.13"
      },
      {
        "duration": 6,
        "interest": 13,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "3.68"
      },
      {
        "duration": 9,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "5.97"
      },
      {
        "duration": 12,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "7.67"
      },
      {
        "duration": 18,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "10.95"
      },
      {
        "duration": 24,
        "interest": 15,
        "subvention": "customer",
        "min_amount": 250000,
        "merchant_payback": "14.07"
      }
    ],
    "AMEX": [
      {
        "duration": 3,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 500000,
        "merchant_payback": "2.29"
      },
      {
        "duration": 6,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 500000,
        "merchant_payback": "3.96"
      },
      {
        "duration": 9,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 500000,
        "merchant_payback": "5.59"
      },
      {
        "duration": 12,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 500000,
        "merchant_payback": "7.19"
      },
      {
        "duration": 18,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 500000,
        "merchant_payback": "10.27"
      },
      {
        "duration": 24,
        "interest": 14,
        "subvention": "customer",
        "min_amount": 500000,
        "merchant_payback": "13.22"
      }
    ]
  }
  ...
}
×

ON THIS PAGE