Which Is The Best Option To Shop on EMI?



Nowadays, shopping on EMI is the new trend. On EMI, you can buy anything from electronics to home appliances. Although the process of shopping with EMI cards and credit cards is very similar, there are some differences we should know about. 

We have been using credit cards for a long time. They help us make purchases and pay back later in equal monthly instalments. Along the same lines, EMI cards are now available. They are a relatively new payment option. However, EMI Cards make the borrowing process easier and more convenient by including features such as ZERO processing fees*, great customized deals, and instant approval.  

About Home Credit Ujjwal EMI Card 

Home Credit Ujjwal EMI Card is one of the most popular, hassle-free, and convenient EMI cards. It serves as a payment option for EMI purchases of products ranging from mobile phones to washing machines and more. Our Ujjwal EMI Card has a pre-approved credit limit of up to Rs. 75000 and can be used for both online and offline purchases. The used credit limit can be repaid in easy EMIs over time.  

You can shop on EMI on either of our 31000+ partner stores or any of our online partner stores in India. Apart from this, you can also enjoy the flexibility to choose your repayment tenure as per your convenience. Also, there are no foreclosure charges if you want to close the loan before the predefined tenure. 

Ujjwal EMI Card vs Credit Cards: Which Is Better? 

In the battle of Ujjwal EMI Card vs Credit Cards, let’s take a quick look at the benefits listed below to see how Ujjwal EMI Card stands out. 

  Ujjwal EMI Card  Credit Cards 

Eligibility Criteria 




  • Income source: Salaried/Self-employed/Pensioner 





  • Income: Regular income proof needed. 


  • CIBIL Score: Good Credit score needed. 



Documents Required  


  • Identity proof (PAN Card) 
  • Address proof 

  • Salary proof 
  • Age proof 
  • Income proof/salary slips  
  • Bank statements 
  • Aadhar card 
  • PAN card 
  • Cancelled cheque, 
  • Passport size photograph 
  • ECS mandate duly signed. 



Foreclosure Charges 



Zero foreclosure charges 


Foreclosure charges applied 


Application Approval Time 



Instant Approval (Pre-approved credit limit up to Rs. 75000) 


Application review & approval takes up to 3-5 days 



As can be seen, Ujjwal EMI Card has several benefits over credit cards. So, what are you waiting for? Apply for a Ujjwal EMI Card today and discover a whole new world of EMI shopping “without credit cards”!