HDFC Credit Card EMI Calculator

Total Interest
Principal amount

Monthly EMI

Principal amount

Total Interest

Total amount

Greetings, financial wizards and monetary maestros! Welcome to the fascinating world of credit cards and their equally intriguing partner-in-crime, the EMI. No doubt you’ve heard these terms bandied about quite a bit, especially if you’ve taken a dive into the ocean of credit. But have you ever stopped to wonder what they mean, or how they work? Fret not, for today, we shall unveil the curtain on these elusive characters and help you master the art of managing your credit card EMIs with the help of a nifty tool called the HDFC Credit Card EMI Calculator.

But before we delve into the depths, let’s start with the basics.

What is a Credit Card EMI?

Ah, the alluring world of credit cards! They’re like magic wands, aren’t they? Swipe them and you can buy almost anything, from that shiny new gadget to a lavish holiday. But alas, with great spending power comes great… well, bills.

That’s where Credit Card EMIs (Equated Monthly Installments) enter the stage.

Definition of EMI

EMI is the financial spell you need to know. It stands for Equated Monthly Installment. Picture this: instead of paying your full credit card bill in one go, you pay it in smaller, manageable chunks over a set period. Sounds nice, right?

EMI allows you to convert your credit card bills into monthly installments, so you don’t have to face the daunting task of paying a large amount all at once. It’s like having your cake and eating it too, over several months.

How Does Credit Card EMI Work?

Here’s the plot twist: not every fairy tale is simple, and neither is the concept of Credit Card EMI. You see, when you choose the EMI option for a transaction, the bank charges you an interest rate on the outstanding amount.

So, let’s say you bought a luxurious leather sofa worth INR 50,000. Choosing to pay via EMI means you could pay INR 5,000 for 10 months plus a small interest. It’s like having a butler (the bank) who lets you pay for the sofa over time but asks for a tip (interest) in return.

Why Choose EMI Option for Credit Card Payments?

“Why opt for EMIs?” you may ask, looking perplexed like a cat in front of a mirror. The answer lies in the three ‘F’s – Flexibility, Feasibility, and Financial Planning.

  1. Flexibility: EMI gives you the freedom to pay at your pace. You’re the master of your financial fate, choosing how much and how long you wish to pay.
  2. Feasibility: No more fretting over large bills. EMIs break down your expenses into bite-sized pieces, as manageable as a plate of hors d’oeuvres at a party.
  3. Financial Planning: EMIs can be the cornerstone of wise budgeting. By knowing your monthly outgo, you can plan your finances like a seasoned chess player, thinking several moves ahead.

In our journey ahead, we’ll dig into HDFC’s Credit Card EMI Calculator specifically. Stay tuned for the financial version of a thrilling mystery, where numbers and interest rates weave a captivating tale!

What is an HDFC Credit Card EMI Calculator?

An HDFC Credit Card EMI Calculator, dear reader, is like a wise sage, guiding you through the labyrinth of EMIs. Let’s dissect this intriguing tool.

Introduction to HDFC’s Credit Card Services

HDFC, the banking giant of India, is known for many things – and their credit card services are as sparkling as jewels in a treasury. With an array of credit card options and the provision to pay via EMI, they’re not just handing you a piece of plastic; they’re handing you financial flexibility.

Features of HDFC Credit Card EMI Calculator

The HDFC Credit Card EMI Calculator is akin to a wizard’s spellbook. Here’s what it does:

  1. Calculates Your EMI: With just the principal amount, tenure, and interest rate, it calculates your monthly installment faster than you can say “Expelliarmus!”
  2. Breaks Down Interest: Understand the interest you’ll be paying over the tenure. No hidden wizardry here!
  3. Flexible Tenures: Choose a tenure that suits you. It’s like customizing your wand in the Wizarding World.

Importance of Using an EMI Calculator for HDFC Credit Cards

The importance of the EMI calculator is as significant as the twist in a thrilling novel. It helps you:

  • Plan Your Finances: Know your EMIs beforehand to plan your expenses.
  • Compare Different Scenarios: Play around with different tenures and interest rates to find what fits you best, like finding the perfect pair of dancing shoes.
  • Avoid Surprises: No unexpected ghouls jumping out at you here. You know what you’ll be paying each month.

How to Calculate HDFC Credit Card EMI?

Now, let’s wear our financial detective hats and delve into the calculation part.

Factors Influencing EMI Calculation

Three musketeers control your EMI calculation:

  1. Principal Amount: The amount you borrowed.
  2. Interest Rate: The additional percentage that HDFC will charge.
  3. Tenure: The number of months you choose to repay.

Step-by-Step Guide to Calculate HDFC Credit Card EMI

  1. Visit HDFC’s EMI Calculator Page: Or use CashZeni’s; we don’t judge.
  2. Enter the Principal Amount: The amount you’ve swiped.
  3. Select the Tenure: How long do you need to pay back? The choice is yours!
  4. Enter the Interest Rate: Typically provided by HDFC, or consult your latest crystal ball.
  5. Voila! Your EMI is Calculated: The magic number appears!

Examples of HDFC Credit Card EMI Calculations

  • Scenario 1: INR 50,000 @ 14% for 6 months. EMI = INR 8,591.75.
  • Scenario 2: INR 1,00,000 @ 14% for 12 months. EMI = INR 8,986.34.

(Now, wasn’t that as exciting as a car chase in a spy movie?)

HDFC Bank Credit Card Eligibility

As we venture further, let’s discuss the key that unlocks the treasure chest – the eligibility for HDFC Credit Cards.

HDFC Credit Card Types

From shopping enthusiasts to jet-setters, HDFC has a credit card for every personality. It’s like choosing a hat at a milliner’s – each one has its unique charm!

HDFC MoneyBack Credit Card

Joining and Annual Fee: Rs. 500

Key Features:

  1. Reward Points earned- Get 2 reward points per Rs. 150 spent, and even more, get 4 reward points per Rs. 150 spent on online shopping
  2. Cashback offer- Get your accumulated reward points redeemed for cash credit into your statement, with the value of 100 points being equal to Rs. 20
  3. Fuel Benefits- Availability of a complete fuel surcharge waiver gets you to save up to Rs. 250 in a billing cycle
  4. The benefit of reaching milestones- Get Rs. 500 e-vouchers on spending Rs. 50,000 in a quarter

HDFC Regalia Credit Card

Joining and Annual Fee: Rs. 2,500

Key Features:

  1. Joining Benefit– Get complimentary membership of Dineout Passport for 1 year
  2. Lounge Access Facility- Get 12 complimentary domestic lounge access each year through Visa/Mastercard, and also avail complimentary membership of Priority Pass with 6 free visits in each calendar year.
  3. Reward Points earned– Get 4 reward points per Rs. 150 spent on every retail spending except fuel
  4. Benefits on reaching milestones – Get 10,000 reward points upon reaching spends of Rs. 5 Lakh in a year and get an additional 5,000 reward points upon reaching spends of Rs. 8 Lakhs in a year.
  5. Reward Redemption Program– Redeem accumulated reward points against any of the available and offered premium range of products and vouchers from the rewards redemption catalogue, against flights and hotel bookings, or against exclusive reward redemption portal available to be used by HDFC Regalia users.

HDFC Millennia Credit Card

Joining and Annual Fee: Rs. 1,000

Key Features:

  1. Cashback earned– Get cashback on all your spending, mainly as 5% cashback upon shopping via PayZapp for Amazon, Flipkart, Flight & Hotel bookings,5% cash back upon all kinds of online spending done above Rs. 2,000, and get 1% cashback on all offline spends as well as wallet reloads of more than Rs. 100
  2. Lounge Access Facility– Get 8 free domestic lounge accesses for every year
  3. Joining Benefit– Get Rs. 1,000 gift vouchers upon spending Rs. 1 Lakh every quarter in the HDFC Millennia card’s first year
  4. Dining Offers– Get discounts as well as offers through the Good Food Trail Dining program of HDFC

HDFC Diners Club Rewardz Credit Card

Joining and Annual Fee: Rs. 1,000

Key Features:

  1. Joining as well as Renewal Benefits– Get 1,000 bonus reward points upon making payment of joining and renewal fee each and every year
  2. Reward Points earned– Get 3 reward points for spending every Rs. 150 on retail. Also, get 10X rewards upon shopping with the list of selected partner brands.
  3. Reward Redemption Program– Get products as well as vouchers from the rewards program catalogue when redeeming reward points. Additionally, utilize the accumulated points to even book flight tickets and hotel stays.
  4. Travel Benefits- Get exclusive benefits with a set of partnered travel partners. Also, get to convert accumulated reward points into air miles of selective airlines. 
  5. Lower Forex Markup charge– Just need to pay only 2% markup fee on foreign currency spending. Check for all such things in HDFC credit card types and charges mentioned in the Fees and Charges schedule available on HDFC Bank’s website’s MITC for credit cards.

HDFC IndianOil Credit Card

Joining and Annual Fee: Rs. 500

Key Features:

  1. Get fuel points at listed IndianOil fuel outlets by earning 5% of your spent amount
  2. Get to earn 1 Fuel Point for every Rs.150 spent with HDFC IndianOil Credit Card
  3. Get to earn at least 50 litres of free fuel each year

Eligibility Criteria for HDFC Credit Card

  • Age: Must be within the magical age bracket of 21 to 60.
  • Income: Certain cards need you to be earning a minimum amount. Check before you leap!
  • Credit Score: Keep it above the danger zone, typically 750 or more.

How to Check Your Eligibility for HDFC Credit Card

  1. Visit HDFC’s Website: Where all the magic begins.
  2. Select Your Preferred Card: Like choosing your sword for battle.
  3. Enter Required Details: Age, income, occupation – the usual suspects.
  4. Get Your Eligibility Status: Instantly, like pulling a rabbit out of a hat!

And that, dear reader, brings us to a pause in our adventure. Stick around as we explore the mystical lands of documents, calculations, and the wonderful world of CashZeni!

Factors Affecting HDFC Bank Credit Card Eligibility

As we sail further into the financial seas, let’s look at the winds that can change the course of our HDFC Credit Card Eligibility.

Credit Score

Your credit score is like your reputation at a royal court. Keep it high, and the doors shall open. Keep it above 750 to be in HDFC’s good graces.

Income Stability

HDFC likes to know that you’ve got a steady flow of coins coming in. It’s like having a constant supply of fuel for your ship.

Existing Debt

Having too many debts is like juggling flaming torches while riding a unicycle. HDFC prefers less of a circus act.

How to Use HDFC Credit Card EMI Calculator Online?

Join me, dear reader, as we explore the digital labyrinth of the HDFC Credit Card EMI Calculator.

Step by Step Guide

  1. Navigate to HDFC’s EMI Calculator: Or use CashZeni’s – we’re quite fancy, too.
  2. Enter the Principal, Tenure, and Rate: These are the keys to the treasure.
  3. Click ‘Calculate’: And behold, your EMI, served on a silver platter!

Documents required to apply for HDFC Bank Credit Card loan

Paperwork is to banking what spells are to a wizard. Here’s what you’ll need:

  • Identity Proof : Passport, Aadhaar, or PAN Card – your choice of magical identity amulet.
  • Address Proof : A recent bill, almost as thrilling as a letter from a secret admirer.
  • Income Proof : Salary slips, because HDFC likes to see your golden tickets.

HDFC Bank Credit Card EMI for Different Loan Amounts

Different potions require different ingredients. Similarly, different loans have different EMIs.

Example Table of EMIs for Different Loan Amounts

50,0006 mo14%8,591
1,00,00012 mo14%8,986
2,00,00024 mo14%4,814

Advantages of using Cashzeni EMI Interest Calculator

Why use CashZeni’s EMI Interest Calculator? Let me enlighten you.

  • User-Friendly – Our calculator is like your favorite coffee machine – simple, reliable, and efficient.
  • Accurate Calculations – It’s as accurate as a master archer. No room for mistakes here!
  • Available for Different Banks – We support different banks. In the kingdom of finance, we’re quite diplomatic.

How to Apply HDFC Credit Card Types in 2023?

There are several ways to apply for the chosen card amongst the numerous HDFC Bank credit card types. You can either apply online through net banking, mobile banking or directly visiting the HDFC bank branch nearest to you. Let’s deep dive and understand the steps involved in the easiest process amongst these all, i.e. online submission of credit card application.

  • Visit the HDFC Bank website and click on the credit cards category to know the wide range of HDFC credit card types offered.
  • Check the diverse HDFC credit card types and features in order to help yourself in selecting the best one as per your requirement.
  • Then click on apply online and fill in the required details such as your name, date of birth, mobile number, email ID, city, income pin code, PAN number etc. Accordingly, enter the security code you got on your mobile and/or email, and then click on Submit option.
  • Now, just wait to get an SMS/Email/call from HDFC Bank in order to take forward your credit card application.


Our journey through the world of HDFC Credit Card EMI is at an end. From calculators to eligibility, we’ve unearthed treasures and navigated mazes.

Have questions, dear reader? Fear not; the FAQs are just around the corner!

Frequently Asked Questions (FAQs)

Can I convert all my credit card purchases into EMIs?
hases into EMIs?

Most credit card issuers allow you to convert high-value purchases into EMIs. However, the minimum transaction amount that can be converted into EMI varies from one card issuer to another. It’s best to check with your card provider for specifics.

Do I need to pay any additional charges for converting my credit card bill into EMIs?

In addition to the interest on the principal amount, some credit card issuers may charge a processing fee for converting your bill into EMIs. These charges will be disclosed to you at the time of conversion.

Does converting purchases into EMIs affect my credit score?

No, converting your purchases into EMIs does not directly impact your credit score. However, defaulting on your EMI payments can negatively affect your credit score.

How accurate is the CashZeni EMI Calculator?

The CashZeni EMI Calculator is designed to provide highly accurate results. However, the actual EMI may vary slightly due to rounding off of decimal points and other factors. It’s always a good idea to cross-check with your card provider.

Can I prepay my credit card EMI?

Yes, most credit card issuers allow you to prepay your EMIs. However, this may attract a prepayment penalty. It’s advisable to check the terms and conditions of your credit card provider.

How is EMI calculated on credit card?

The EMI will be calculated depending on the rate of interest charged by the bank, the tenure you choose and the down payment which you provide. If for example, you have purchased a phone worth Rs. 20,000 and pay Rs. 10,000 as a down paymen

How many months is EMI on credit card?

Tenures for credit card EMIs range from three to 18 months. You will have a lower credit limit, as the bank will reduce your limit by the amount of your EMI. Your minimum payment due every month will be higher, by the amount of your EMI.

Can I pay 2 months EMI in advance?

If you have surplus funds or have a fear of missing your monthly instalment due date, you can choose to pay your EMIs in advance. This payment option will help you avoid any penal charges applicable in the case of a missed EMI.

How much interest is charged on credit card EMI?

Generally, credit card EMI interest rate starts from 12.5% per annum and it varies from bank to bank. This incurred interest can eat up customer’s savings especially if a longer tenure is chosen. Blocked Credit Limit: The transacted amount is blocked against the credit limit and released upon the payment of EMIs.