Bank of Baroda's BOBCARD introduces EMI facility on UPI Payments - Here's how it works

BOBCARD LIMITED has introduced an EMI service on UPI Payments. For this, BOBCARD has partnered with RuPay. 

The new feature allows RuPay BOBCARD holders to seamlessly convert their purchases into EMIs by scanning a QR code through the UPI app, providing a more convenient and hassle-free payment experience.

Through this facility, RuPay BOBCARD holders can now conveniently use UPI for payments at any UPI-accepting merchant, both online and offline, and convert their transactions into EMIs at the point of purchase. 

Customers can apply for the EMI facility directly on their linked RuPay credit card through any UPI app, where the UPI PIN serves as user consent upon acceptance of the relevant terms and conditions. 

At checkout, users can select the EMI option at the time of payment, allowing them to choose their preferred EMI period during shopping, ensuring that high-value festive purchases are spread over manageable instalments. The process is entirely digital, requiring no additional paperwork, making it a hassle-free experience. 
 
Furthermore, the UPI app allows users to track their ongoing EMIs, ensuring timely payments and full transparency—essential during the high-spending festive months. 

Customers can also convert past purchases made with their RuPay credit card into EMIs by accessing their transaction history on the UPI app.