EMI Details

EMI (Equated Monthly Installment) is one of the many payment methods of online shopping, only for the customers  using any of the accepted Credit Cards on Extremeshop.com.bd. 

It allows customers to pay for their ordered products in easy equal monthly installments.  

Extremeshop.com.bd has introduced a convenient option of choosing up to 12 months EMI facility for customers who  use Credit Cards for buying any items priced above 5000 BDT. The duration and extent of the EMI options available for a  given product are viewable on the checkout page in the Payment Information section. 

The purpose of EMI is to enable the Card members to purchase goods and services offered by merchants and transfer  such transaction(s) to EMI using the limit available on his/her Credit Card and repay the amount of the purchase in  monthly installments in accordance with this EMI terms and conditions. 

SSLCOMMERZ EMI

Months

  

For  

SCB 

LankaBangla

For All  

(16)  

Banks

AMOUNT  

RANGE

3 months 

5.67% 

5.67% 

5.13% 

minimum 5,000 – Above

6 months 

7.86% 

6.75% 

6.75% 

minimum 5,000 – Above

9 months 

10.74% 

8.99% 

8.99% 

minimum 5,000 – Above

12 months 

13.77% 

11.33% 

11.33% 

minimum 5,000 – Above

18 months 

17.65% 

15.03% 

15.03% 

minimum 5,000 – Above

24 months 

23.25% 

20.38% 

20.38% 

minimum 5,000 – Above

30 months 

– 

– 

21.80% 

minimum 5,000 – Above

36 months 

31.07% 

26.26% 

26.26% 

minimum 5,000 – Above

 

SL 

BANK NAME 

VISA 

MASTERCARD Amex 

Status

Standard Chartered Bank (SCB) 

√ 

√ 

Live

BRAC Bank  

Limited

√ 

√ 

Live

Dutch Bangla Bank Limited 

√ 

√ 

Live

Southeast Bank  

Limited

√ 

√ 

Live

Standard Bank  

Limited

√ 

√ 

Live

Mutual Trust bank Limited 

√ 

√ 

Live

Eastern Bank  

Limited

√ 

√ 

Live

Lanka bangla 

√ 

√ 

Live

Bank Asia Limited 

√ 

– 

Live

10

Dhaka Bank Limited 

√ 

– 

Live

11 

Meghana Bank  

Limited

√ 

– 

Live

12 

Jamuna Bank  

Limited

√ 

– 

Live

13 

National Credit & Commerce (NCC) Bank Limited

√ 

– 

Live

14 

NRB Bank Limited 

√ 

– 

Live

15 

NRBC Bank  

Limited

√ 

– 

Live

16 

South Bangla  

Agriculture Bank (SBAC)

√ 

– 

Live

17 

Midland Bank  

Limited

√ 

– 

Live

18

Shahjalal Islami Bank Limited 

√ 

– 

Live

 

Months 

Standard  

Chartered Bank

EBL 

Brac Bank 

DBBL 

MTB 

Southeast Bank 

Standard Bank 

NCC 

NRB 

Meghna  

Bank

3 

months

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

6  

months

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

9  

months

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

12 months 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

18 months 

√ 

 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

24 months 

√ 

 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

30 months 

         

       

36 months 

√ 

   

√ 

√ 

√ 

 

√ 

 

 

Months 

Jamuna  

Bank

Midland  

Bank

Bank Asia 

Dhaka  

Bank

South  

Bangla  

Agriculture Bank

NRBC 

Lanka  

Bangla

Shahjalal  

Islami Bank

3 

months

√ 

√ 

√ 

√ 

√ 

√ 

√ 

6  

months

√ 

√ 

√ 

√ 

√ 

√ 

√ 

9  

months

√ 

√ 

√ 

√ 

√ 

√ 

√ 

12 months 

√ 

√ 

√ 

√ 

√ 

√ 

√ 

18 months 

√ 

√ 

   

√ 

√ 

 

24 months 

√ 

√ 

   

√ 

√ 

 

30 months

               

36 months 

√ 

         

 

What You Should Know: 

  • Monthly Installment: The total EMI price divided by number of months allowed and opted for under the EMI  facility. 
  • EMI Tenure: The number of monthly installments to be paid. 
  • EMI Account Holder: Subscriber of the EMI services. 
  • EMI Account: Sub-accounts/limits within the allowed credit limit to facilitate transfer of a transaction from the  card account to the installment account. 
  • EMI Price: The purchase price of a product or transaction which is subject to transfer to EMI account applicable  to specific offer for a specific duration of installment plan. 

NOTE: 

  • Customers wanting to avail EMI facility must have a Credit Card from any one of the banks in the table below. If a disqualifying card is used for EMI payment. Customer can not avail EMI on that purchase.
  • EMI is available for primary Credit Card members and shall only be offered to those card members who are abided  by the credit card terms and conditions meet the minimum transaction floor limit and has the required credit limit  on his/her credit card account. 
  • EMI facilities are only available for orders which costs over BDT 5000. 
  • EMI charges may vary on promotional offers. The EMI terms and conditions may vary from one offer to another  based on the nature of offer and duration of the installment plan opted by the card member. 
  • Cardholder must comply with the payment procedure depends on the requirement from specific banks. Convenience Fee of the EMI is not refundable. 
  • Based on acceptance of the EMI transaction, the first EMI installment shall be billed to the card member in the  immediate billing statement and subsequent EMI installments shall be billed to every month thereafter until the EMI  price is billed in full. 
  • EMI facilities vary from one product type to another. Please carefully check the EMI tenure period for your preferred  product on each product page and on the checkout page as well. 

You can pay with equal monthly installment payment option using the Credit Card of any of the following banks: SL BANK LIST 

  1. 1 Eastern Bank 
  2. 2 BRAC Bank 
  3. 3 City Bank 
  4. 4 Dutch Bangla Bank 
  5. 5 Southeast Bank 
  6. 6 Standard Bank 
  7. 7 Mutual Trust Bank 
  8. 8 National Credit & Commerce (NCC) Bank 
  9. 9 NRB Bank 
  10. 10 Meghna Bank 
  11. 11 Midland Bank 
  12. 12 Jamuna Bank 
  13. 13 Bank Asia 
  14. 14 Dhaka Bank 
  15. 15 South Bangla Agriculture And Commerce Bank 
  16. 16 Standard Chartered Bank 

EMI charges for different tenures are as followed for the banks listed above (Except Standard Chartered Bank)

MONTHS EMI CHARGES 

3 Months 3.00% 

MONTHS EMI CHARGES

6 Months 4.50% 

9 Months 6.50% 

12 Months 8.50% 

For Standard Chartered Bank, the EMI charges for different tenures are as followed: 

MONTHS EMI CHARGES 

3 Months 3.50% 

6 Months 5.50% 

9 Months 8.00% 

12 Months 10.50% 

If your desired product is eligible for EMI option, according to its respective product page, and if you have a Credit Card  from any of the associated banks which are mentioned above, you can get EMI facility on your purchased product.  During the checkout phase, you will see the EMI options for your eligible cards, banks and EMI Tenures. 

  • In Case of “Online Payment”, it will redirect you to our secure payment gateway. • After completing you will be  directed to a “Successful Order” Notification on the page. • And you will also get a “Successful Order” Text Message  on your mobile phone. 

EMI Transaction Procedure with Your Bank: 

EMI Payment on Credit Card: 

  • As soon as you complete your purchase order on Extremeshop.com.bd, you will see the full amount charged on  your credit card. 
  • The EMI processing will be handled by the bank itself *. After 5-7 working days, your bank will convert this into  EMI. 
  • From your next billing cycle, you will be charged the EMI amount and your credit limit will be reduced by the  outstanding amount. 
  • If you do not receive an updated monthly bank statement reflecting your EMI transactions for the following  month, feel free to contact us for further assistance.

*For example, if you have made a 3-month EMI purchase of BDT 30,000 and your credit limit is BDT 1, 00,000 then your  bank will block your credit limit by BDT 30,000 and thus your available credit limit after the purchase will only be BDT  70,000. As and when you pay your EMI every month, your credit limit will be released accordingly. 

NOTE: 

  • EMI facilities with the aforesaid Banks are regulated as per their terms and conditions and these terms may vary  from one bank to another. 

For any query or concern please contact your issuing bank, if your purchase has not been converted to EMI by 7 working  days of your transaction date.