Getty ImagesIf you are a Federal Bank customer, you can now buy a two-wheeler on EMI (equated monthly instalments) using your debit card.
According to a press release issued by the bank, eligible customers of Federal Bank can buy a two-wheeler by making a payment of Rs 1 at any of the 947 showrooms of Hero MotoCorp, Honda Motorcycle and TVS Motor. "Customers can choose a repayment period of 3/6/9/12 months. There is no processing fee charged on loans under this scheme," the bank stated.
How to buy two-wheeler on EMI using your debit card
Other purchases that can be made
As per the press release, Federal Bank also offers EMI on debit cards for purchase of consumer durables at over 36,000+ stores PAN India. The bank has recently started offering EMI for purchases on e-commerce portals Amazon and Flipkart too.
According to a press release issued by the bank, eligible customers of Federal Bank can buy a two-wheeler by making a payment of Rs 1 at any of the 947 showrooms of Hero MotoCorp, Honda Motorcycle and TVS Motor. "Customers can choose a repayment period of 3/6/9/12 months. There is no processing fee charged on loans under this scheme," the bank stated.
How to buy two-wheeler on EMI using your debit card
Other purchases that can be made
As per the press release, Federal Bank also offers EMI on debit cards for purchase of consumer durables at over 36,000+ stores PAN India. The bank has recently started offering EMI for purchases on e-commerce portals Amazon and Flipkart too.