What is Antilog's EMI payment for your holiday?

Antilog's EMI Plan is available for Indian Citizens only.It is available for AXIS, HDFC, HSBC, ICICI, INDUSIND, KOTAK, RBL and YES bank credit card holders. You may choose to pay in 3,6,9 or 12 month instalments. There is NO extra fee charged for availing Antilog's EMI payment option. The Bank charges annual interest rates (as shown below) according to the reducing monthly balance. In the monthly reducing cycle, the principal is reduced with every EMI and the interest is calculated on the balance outstanding.
EMI plans / Interest charge
Bank 3-month 6-month 9-month 12-month
AXIS 12% 12% 13% 13%
HDFC 13% 13% 14% 14%
HSBC 12.50% 12.50% 13.50% 13.50%
ICICI 13% 13% 13% 13%
INDUSIND 13% 13% 13% 13%
KOTAK 12% 12% 14% 14%
RBL 13% 13% 13% 13%
YES 12% 12% 13% 13%
Example and Calculations
The table below shows a representative rendering of EMI plans for an Rs 20,000 purchase on Antilog paid using the EMI payment plan
Tenure (months) Loan amount Monthly instalment Bank interest rate Total effective price you pay Interest paid to Bank
3 Rs 20,000 Rs 6,800.44 12.00% Rs. 20,401.33 Rs. 401.33
6 Rs 20,000 Rs 3,450.97 12.00% Rs 20,705.80 Rs. 705.80
9 Rs 20,000 Rs 2,344.32 13.00% Rs 21,098.89 Rs. 1,098.89
12 Rs 20,000 Rs 1,786.35 13.00% Rs 21,436.15 Rs. 1,436.15
Steps to use Antilog's credit card EMI option-
  1. Once you've finalised your holiday ask your destination manager for an EMI Payment Option.
  2. When prompted to choose a 'Payment Option', select '(EMI)'. Choose the bank and plan (3, 6, 9 or 12-month) of your choice and enter your credit card details.
  3. Once the payment is authorized, your Package will be processed you will need to pay the total amount, in the pre-determined number of instalments, as per your credit card billing cycles.
Please note that the full amount will be charged on your card on the day of the transaction. Within 10 days, you will see a credit for the full amount. The first EMI charge will occur subsequently. If your card's billing date falls within those 10 working days, you need to pay only the EMI amount to the bank.

Such EMI transactions are at the discretion of your credit card issuing bank. If you have any queries about the EMI plan, Please get in touch with your bank.

Frequently Asked Questions - EMI

Question: I have been charged full amount of the transaction
Answer: At first full amount is charged and later converted in EMI normally within 10 working days. Please contact your card issuing bank in case 10 working days have passed and transaction has not been converted to EMIs.
Question: My issuing bank call center has no information on EMI conversion
Answer: The issuing bank will receive EMI request after at least 3 working days of the transaction. Then status of transactions can be provided by issuing banks.
Question: The transaction amount has not converted into EMI in 10 working days
Answer: Please contact your card issuing banks in-case 10 days have passed and transaction has not been converted in EMI. Conversion of transaction into EMI is at the sole discretion of card issuing bank and can also be rejected in unfortunate circumstances.
Question: My bill has been generated and full amount has been charged to me
Answer: Please check transaction date and customer bill generation date, if the period is less than 10 working days then customer needs to speak to issuing bank to determine how much to pay. The bank might convert the EMI at a later date and change bill payment.
Question: Sum total of all EMIs is more than the transaction amount
Answer: The issuing bank charges interest per EMI transaction. The interest rates are decided by the bank and are displayed at the time of completing the transaction.
Question: Bank has rejected EMI conversion
Answer: Customer needs to pay full amount of the transaction to bank, since EMI facility is at sole discretion of the issuing bank.