Canara Bank customers can now convert Credit Card Transactions to EMI through Canara Ai1 app. However, conversion to EMI feature of Credit card transactions above Rs. 5,000 was already available through Canara Saathi App, same functionality is now available through Canara ai1 mobile App. Further, EMI is repayable in 3, 6, 9, 12, 18 and 24 months with applicable interest rate.
More details refer: (Coming Soon)
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Step by Step procedure for Canara Credit Card EMI through Mobile Banking
1. Login in Ai1 App.
2. Go to “Cards” tab and Select “View Credit Cards”.
3. Select the Card.
4. Select “Convert to EMI” option.
5. Pick the transactions and click on “Convert to EMI”.
6. Select the Tenure, accept the condition and click on “convert to EMI”.
7. Click on “Confirm”.
8. Success!
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