1. What is Cardless EMI by InstaCred?

Cardless EMI by InstaCred allows you to shop on EMI using Pre-Approved Credit Limit / Debit Card EMI limit assigned to you by your Bank/Financial Institution at your favourite online website using just your Mobile Number. So if you hold IDFC FIRST Bank Easy Buy Card, Home Credit Ujjwal Card or have a pre-approved Debit Card EMI Limit from 'HDFC Bank','Kotak Mahindra Bank' or 'Federal Bank', you can shop on Emi using Cardless EMI by InstaCred

2. How do I shop using InstaCred?

If you are pre-approved by one of our lending partners (as mentioned above), simply add your products to Cart and select CCAvenue / Razorpay on Checkout. Select EMI -> Cardless EMI by InstaCred and add your Mobile Number registered with your Bank/NBFC. Select your preferred tenure and follow the instructs to complete your Transaction with your Bank/NBFC. Your EMIs will be debited by your Bank/NBFC

3. Are there any processing fees associated with InstaCred EMI?

Fees / Charges on your Loan are at the discretion of your Bank/Lender. Processing Fees, if any, will be displayed to you at the time of Transaction confirmation.

4. Do I need to make a down payment?

No. There is no down payment that is required to buy a product via InstaCred Cardless EMI.

5. Where can I track the status of my purchase?

Once your purchase is complete, you will receive a confirmation from Poorvika Mobiles. You can also check the status of your purchase by navigating to purchase history after logging in to instacred.me (https://instacred.me/login). You can also check with your Bank/NBFC on the status of your Loan

6. What happens if I don't need the product/service I bought?

Your return policy is guided by Poorvika Mobiles. Once Poorvika Mobiles initiates the refund for your product, this will be refunded back to your Bank/Lender. If the refund amount is less than the loan amount, then you will need to pay the balance amount to the bank. We recommend that you check with your Bank/Lender to determine the balance payable in case of refunds.

Fees & Charges:

Auto Debit return penal interest
2% plus GST @ 18% whenever applicable (subject to change as per Govt. instruction), subject to a minimum of Rs. 450 will be levied.

Late Payment Fee
Non-Payment or partial payment of outstanding amount will attract late payment penalty of 3% + @ 18% (subject to change as per Govt. instruction) on total outstanding due.

Pre-closure Charges
Pre-closure of the loan will currently attract a charge of 4% of the balance principal outstanding plus GST @ 18% (subject to change as per Govt. instruction).

Rate of Interest:
The following are 3 tenures and EMI interest applicable on any transaction through FlexiPay

Terms & Conditions

This FlexiPay facility is purely optional at merchants and can be withdrawn without any prior notice.

Availability, delivery, quality, merchantability or suitability of the services to be rendered by merchants under the FlexiPay Scheme and HDFC Bank shall not be held liable for the same in any manner whatsoever.

Any tax applicable from time to time as notified by the Government of India, is applicable on all fees, interest and other charges and is subject to change as per relevant regulations of the Government of India.

HDFC Bank and merchants reserve the right to add, alter, modify, change or vary all or any of these terms and conditions or replace, wholly or in part, this FlexiPay Scheme by any other scheme, whether similar to this Scheme or not or to withdraw it altogether, without prior notice.

Disputes, if any, will be subject to Indian laws and shall be subject exclusively to the jurisdiction of the courts in Chennai.




Offer applicable on
Credit Card EMI Transactions





Offer applicable on
Credit Card EMI Transactions

Terms & Conditions

Offer applicable for Credit cards EMI only

Minimum transaction of Rs.15,000

Maximum Cashback upto Rs.1,500 (Per card)

Offers Cannot be clubbed with Brand offers , customer can avail any one offer whichever is higher

Customer can avail the offer only one time during the offer period

Offer valid from 20.06.2021 to 15.07.2021