API ReferenceIntegrationsKnowledge Base

Credit Card EMIs - 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.

When the customers complete the payment on the Checkout, the entire payment amount is authorised 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" } ] } ... }
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