EMI Payment - T&C


Terms and conditions for EMI payments on www.homeshop18.com

For the purpose of these Terms and Conditions, the following terms and expressions shall have the following meanings:

“Card Issuing Bank” shall mean Citibank India, Diners India, HDFC Bank and/or ICICI Bank.

 “Credit Card” shall mean an unexpired credit card issued by Card Issuing Bank.

 “Cardmember” shall mean the holder of a Credit Card.

 “EMI” shall mean a product wherein the purchase(s) done at www.homeshop18.com is converted into Equal Monthly Installments at the point of transaction at rate as communicated at the time of availing the product and as per guidelines of the respective Card Issuing Bank.

 The present Terms and Conditions are to be read in conjunction with, and not in derogation of, the Cardmember Terms & Conditions issued by the respective Card Issuing Bank and nothing contained herein shall prejudice or affect the terms and conditions of the Cardmember Terms & Conditions issued by the respective Card Issuing Bank.

Unless otherwise specified, the words and expressions used herein shall have the same meaning as in the Cardmember Terms & Conditions issued by the respective Card Issuing Bank.

  • EMI option is available only on select Credit Cards of the respective Card Issuing Bank. EMI transactions done on Credit Card where such EMI option is not available shall be debited to the respective card account in full.
  • Customers who opt for EMI scheme at www.homeshop18.com will be charged monthly interest by their respective Card Issuing Bank. The interest charged by the said banks will be calculated on a monthly reducing balance basis. The interest charges for different banks are mentioned below:

EMI Tenure




3 months

13% per annum

13% per annum

13% per annum

6 months

13% per annum

13% per annum

13% per annum

9 months

13% per annum

15% per annum

14% per annum

12 months

14% per annum


14% per annum

 *Above charges are exclusive of service tax

  •  The credit limit on the Credit Card shall be blocked to the extent of the full transaction amount. The credit limit will be released as and when the EMI is billed and paid for in subsequent months as per EMI plan

  • In case of any kind of refund in an EMI transaction, interest already billed in a particular transaction will not be refundable under any circumstances

  • In case of full cancellation, TV18 Home Shopping Network Limited (“HomeShop18” or “We” or “Our”) will send the entire refund amount to the Cardmember’s Card Issuing Bank within 7 working days. However, cancellation of EMI will depend on Card Issuing Bank’s policy.

  • In case of partial cancellation of EMI orders, refunds will be processed through cheque or original mode of payment onl

  • Also, respective EMIs will continue for all refunds which are done through cheque.

  • All prevailing cancellation/modification terms and conditions of HomeShop18 and applicable fees would apply in case of any changes/cancellations to original transaction 

  • Approval of EMI is at the sole discretion of the respective Card Issuing Bank. The EMI scheme is available for tenure of 3 months, 6 months, 9 months and 12 months only i.e. the purchase amount along with processing fee charges needs to be re-paid within the respective tenure opted for by the customer. In case of Citibank India, 12 months EMI option is not available or as communicated on the website of homeshop18.com

  • Any query/dispute with regards to the payment using the EMI option should be directed towards Card Issuing Bank only. HomeShop18 shall not be liable for the same in any manner.

  • This EMI facility is purely optional at HomeShop18 and can be withdrawn by without any prior notice including and not limited to change in the processing charges.

  • HomeShop18 does not hold any warranty or make any representation with respect to the availability, delivery, quality, merchantability or suitability of the services to be rendered by the Card Issuing Bank under the EMI Scheme and HomeShop18.com shall not be held responsible for the same under any circumstance.

  • Nothing contained herein should be construed as an obligation on the Card Issuing Bank and HomeShop18 to offer the above mentioned products/EMI.

  • The Card Issuing Bank and HomeShop18 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 EMI Scheme by any other scheme, whether similar to this EMI Scheme or not or to withdraw it altogether, without prior notice to the customer.


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