Top banks of India, such as HDFC and ICICI bank provide an amazing opportunity to avail EMI transactions on their debit-cum-ATM cards.
Debit cards are the regular cards that allow you to withdraw cash from ATMs or shop online using your savings account deposits.
Usually, debit cardholders can’t transact using EMI payments. Only credit card holders can do so. But ICICI bank allows its select savings account holders to avail EMI on a debit card, without linking any money in the savings account.
However, you can only purchase Amazon and Flipkart products on EMI using your ICICI debit card as of now.
To purchase anything on debit card EMI is easy. First, you need to check if you’re eligible to avail of this offer or not.
You can do so by visiting this page on Amazon or by sending the SMS: DCEMI on 5676766. From the mobile number linked with your bank account.
The amount due for the monthly payments will automatically get debited from your savings account, linked to your card.
The hard part is paying the bill if for some reason the auto-debit doesn’t work.
To test how it would work, I tested it with Flipkart.
I placed an order for 25,999 on Flipkart using my ICICI debit card. And I choose to pay for EMI.
After 2 days I canceled the order and asked ICICI customer care to cancel the EMI on my debit card.
In my case, the cancellation wasn’t quick. It took 3 weeks for the cancellation to get processed. But anyways, the EMI got canceled, but I still had to pay the processing fee and cancellation charges of 866.37 INR.
I skipped one month to test if the auto-debit facility works. Surprisingly, it didn’t and my total credit on my debit card EMI account grew to 913.23 INR due to monthly interest.
So, this is how I paid my EMI due payment for the ICICI debit card.
Step 1. Login to your ICICI internet banking account
Login to your ICICI internet banking account. You can also do it via mobile app using ICICI iMobile following this same procedure.
I’ll be using the ICICI internet banking portal on the web browser.
Always login to your internet banking accounts after confirming the website. Check the browser address bar for an HTTPS connection and a green padlock before entering your login details.
Step 2: Go to Pay Bills Menu
Go to the Pay Bills menu by clicking on the “Payments and Transfers” link in the navigation bar
Step 3: Enter Debit Card EMI Account Number
Then select the credit card option from the menu.
Under Enter the Biller details option, select ICICI credit cards.
Under Customer Identification, Details enter your Debit card EMI account number.
You can find your Debit card EMI account number on the monthly bill you receive on your email id.
Click on the Next button and confirm the payment.
After you make this payment for the first time, the quick pay option will appear under the same “Pay Bills” menu. You won’t have to enter all these details from the next time.
That’s how you pay the ICICI debit card EMI due.
I also confirmed if the payment has been received by the bank and yes, it works. Given you don’t make mistakes, of course.
Do you have any questions?
Let me know in the comments below.
Ansh
How you came to know that debit card emi is cancelled?
Aayush Bhaskar
I received an email next month with the debit card EMI statement, and it showed no dues. I also confirmed the same with my relationship manager.
Stephen
Can I use different bank credit card for this payment
Aayush Bhaskar
Sure, the process remains the same, but you have to make sure your bank allows you to pay bills/ transfer money from your credit card. Most do, but some don’t.
Prince Rathod
Thanks a lot Mr. Ayush.
I have a question that auto debit didn’t work in your case? And if it didn’t then when you paid manually, was there any extra charge?
I am a first time CARD EMI user and I called customer care as my 1st EMI date was Sept 2021 but no amount was debited.
The customer care executive told there is only one was to pay and that is UPI and also he was not able to guide me that the first EMI which is mentioned of Sept 2021 will be debited on Oct 2021.
So your this articled cleared lot of things.
Thanks a lot.
Aayush Bhaskar
Hi Prince,
In my test, the amount doesn’t get deducted about 95% of the time. Using internet banking, i.e. the process above is the only way I know to pay the debit card EMI. And no, there are no charges unless you’re aren’t paying the bill late.
vishnu lal
thanks this helped me, i was wondering why they are not auto debiting when they mention they will. Just did the payment but due date was on 20-november. Is this will case any impact? and how can we check remaining dues ?
Aayush Bhaskar
To check the remaining dues you will need to wait for the statement from ICICI. It shouldn’t affect anything – however, if ICICI reports incorrect information to CIBIL, your credit score might get affected.
Prakash
Thank you, i have paid as u instructed, also well in advance before the due date. Hope it will be reflect successfully and no cibil affection or no extra charges for me.
Anwar
Great Blog, I searched for almost 1 hr to find the way to pay this. I have never used credit card so its so tricky to pay debit card missed emi. This so hidden.
Thanks for guiding.
Amar
How can see my pending EMI’s ICICI Debit card
Ketan singh kushwah
How to check how much amount due of my debit card EMI?
So if I know the exact amountso its easy to pay debit card EMI
please let me know?
Nitin
How i check my debit card emi detail
Sundar
Thank you for the instructions, it helped a lot after spending 15 minutes searching. I wonder why the bank does not have this information on its website!!