Introduction:

In course of offering innovative banking services to customer, we are pleased to announce the launching of Sunrise Credit Card EMI (Equated Monthly Installment) Service. Customers can purchase goods or avail services now and pay later as per their cash flow. For this purpose, the Bank has tied up with different vendors/Merchants (as per below list) to provide EMI on 0% interest

Under this scheme, our Credit Cards holders can use their available limit to purchase various goods & services and settle the used limit to bank on monthly basis with a set monthly amount within a period of 6,12 or 18 months. Along with this, our existing Credit Card holders who have already used their limit in purchasing a product through Online/POS can also be converted into our EMI Scheme for maximum period of 6 months* before the billing period.

For any customer who does not have Credit Card Facility of Sunrise Bank will also be eligible for EMI after submitting the Credit Card application & completing the standard Credit Card issuance procedure.

Process:

1. You need to visit any merchant location approved by the Bank for purchasing goods and Services.
2. You need to collect the quotation of the goods or services to purchase on EMI scheme and submit it along with Credit card EMI Application form to any nearby Branches (form shall be available with merchant or at our branches).
3. Upon receiving the quotation and the application, bank shall verify the details and will book EMI amount to your credit card account; starting from the immediate billing cycle date till the completion of EMI tenure; Payment due date will be the same as existing credit card.
4. Further, the bank will issue Delivery Order to the Merchant.
5. Once the merchant receives the Delivery order, the merchant shall process for delivery of the product/service to you.
6. That’s it! Receive your product, enjoy the facilities.