Blinkit launches EMI option for orders above Rs 2,999; how to avail, interest rates, who can opt

Blinkit, an Indian e-commerce company, has rolled out an EMI (Equated Monthly Installments) option for orders exceeding Rs 2999. This move is aimed at providing customers with a more feasible and manageable way to make high-value purchases.

The Blinkit founder, Albinder Dhindsa posted on social media X, “We have introduced buying with EMI on Blinkit! EMI options will be applicable on all orders above Rs 2,999 (except orders that contain gold and silver coins) We believe this will improve affordability and enable better financial planning for our customers.”

Who can avail EMI option on Blinkit

EMI options will be applicable on all orders above Rs 2,999.

Interest rates charged for EMI option, processing fee

Customers who have credit cards from these banks can avail the EMI option:

• HDFC Bank credit card EMI starts at 16% per annum with Rs 199 processing fee
• SBI Bank credit card EMI starts at 15% per annum with Rs 99 processing fee
• ICICI Bank credit card EMI starts at 15.99% per annum with Rs 199 processing fee
• Kotak Mahindra Bank credit card EMI starts at 16% per annum with Rs 199 processing fee
• Axis Bank credit card card EMI starts at 16% per annum with 1% processing fee
• RBL Bank credit card EMI starts at 13% per annum with Rs 199% processing fee
• CITI Bank credit card EMI starts at 16% per annum with 1% processing fee

For which products EMI is not applicable
It is not applicable for orders that contain gold and silver coins.

How to avail EMI option from Blinkit

Step 1: Select the products to add in cart
Note that the payment amount should be above Rs 2999
Step 2: Find the EMI option at checkout and select.

Things to note

• To avail EMI plan, the Bill total must be paid in full when placing the order
• Once the order gets delivered, the bank will process your EMI in 3-5 days.