EMI / CREDIT POLICY

  1. Credit Facility
    WorldEMI provides customers with a shopping credit limit ranging from ₹70,000 to ₹2,00,000.
  2. Quick Approval Process
    - Credit limits are generated through a fast and simplified digital process
    - Minimal user input is required for initial eligibility check
    - Final approval is system-driven
  3. Usage of Credit
    - Credit can only be used on the WorldEMI platform
    - Purchases must be within the approved credit limit
  4. EMI Structure
    - Purchases are converted into easy monthly installments (EMIs)
    - Payment schedule is shared at the time of purchase
  5. Charges
    - A minimal file/processing charge is applicable
    - Additional charges, if any, will be clearly communicated
  6. Payment Obligations
    - Customers must pay EMIs on time
    - Delayed payments may result in penalties or account restrictions
  7. Default Policy
    - Non-payment may lead to account suspension
    - Recovery actions may be taken as per applicable laws