IndusInd Bank today announced the launch of EMI or Equated Monthly Installments facility on Debit Cards, which will allow customers to convert their high value transactions into simple instalments.
With the introduction of this facility, a Debit Card holder of IndusInd Bank can walk into any of the participating stores, and avail the same by swiping or tapping their card at a merchant POS (Point-of-Sale) terminal – Where the retail transaction has been completed.
“IndusInd Bank has always been at the forefront of enhancing customer convenience by offering products that bring unparalleled value to their banking experience.
We are delighted to introduce an EMI facility for our Debit Card holders that will enable them to buy products of their choice from various categories, and also facilitate them to make payments in easy installments over a period of time,” Ms. Charu Mathur , Chief Digital Officer and Head-Business Strategy, IndusInd Bank said.
On Wednesday, October 20, IndusInd Bank shares closed 0.56 per cent higher at Rs 1,201.1 on the BSE. IndusInd Bank opened at Rs 1,193.80 on BSE during the entire trading session today, hitting an intraday high of Rs 1,213.35 and an intraday low of Rs 1,172.35.
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