Credit Score:
Applicants must have a minimum credit score of 650 to qualify for EMI options.
Higher credit scores may result in lower interest rates and more favorable terms.
Income Verification:
Customers should provide proof of a stable and verifiable source of income.
Monthly income should be at least three times the monthly EMI payment.
Purchase Amount:
EMI options are available for purchases above a specified minimum amount (e.g., $100).
This helps focus on significant purchases and minimizes administrative overhead for smaller transactions.
Transaction Security:
Secure online transactions and compliance with industry-standard security measures to protect customer financial information.
Refund and Cancellation Policy:
Clearly outlined policies regarding product returns, cancellations, and their impact on EMI agreements.
Transparent terms to avoid confusion or disputes.