ICICI Offers EMI Scheme on Debit Card Purchase

Mumbai: ICICI Bank has launched an equated monthly instalment (EMI) scheme on debit card purchases, making it the first of its kind facility. All debit card holders, however, are not eligible for this facility. Only those with fixed deposits with the bank can avail of this scheme. EMIs have been fixed at three, six, nine and twelve months, the private sector lender said in a statement issued on Tuesday. Under the EMI facil...