EMI and Pay Later

Refer here to understand the details on 30+ payment options and other features under the Affordability offering.

Credit Card EMI

Cashfree supports Credit Card EMI payment method. You can use different EMI providers on our platform. Below is a list of supported providers and their payment codes for a seamless flow. If you are using a Cashfree hosted integration, we will automatically show all these options to eligible users on the checkout page.

Here is a sample of the request that you need to send to /orders/sessions to process a seamless EMI payment. Read more here.

{	      "payment_session_id":"session_mdCizuqcgJWbIhdJ4rjONvpCB1B31muN7Tev9p2kdlEQpj9mem5yF5gbUju4kdgN6-31FJnGK3yaEcqG0GZUsrbzOLDFPfA30iYduwiNmBk",
"payment_method" : {
		"emi": {
			"channel": "link",
			"card_number": "4111111111111111", 
			"card_expiry_mm": "12",
			"card_expiry_yy": "22",
			"card_cvv": "123",
			"card_bank_name": "Kotak",
			"emi_tenure": 3
		}
	}
}

The following 15 card issuers are supported for card-based EMIs. Please send the exact values in the card_bank_name parameter.

We support varying tenures for each of these: 3, 6, 9, 12, 14, 18, 24, 36 depending on the issuing bank.

Credit Card EMI Plans

Card Type	Type of EMI	Bank	card_bank_name	Minimum Amount	Maximum Amount	Annual Interest Rate	Tenure
Credit	Standard	HDFC Bank	hdfc	1000	500000	16	3
Credit	Standard	HDFC Bank	hdfc	3000	500000	16	6
Credit	Standard	HDFC Bank	hdfc	3000	500000	16	9
Credit	Standard	HDFC Bank	hdfc	3000	500000	16	12
Credit	Standard	Axis Bank	axis	2500	1000000	14	3
Credit	Standard	Axis Bank	axis	2500	1000000	14	6
Credit	Standard	Axis Bank	axis	2500	1000000	15	9
Credit	Standard	Axis Bank	axis	2500	1000000	15	12
Credit	Standard	Axis Bank	axis	2500	1000000	16	18
Credit	Standard	Axis Bank	axis	2500	1000000	16	24
Credit	Standard	Kotak Bank	kotak	1000	-	16	3
Credit	Standard	Kotak Bank	kotak	2500	-	16	6
Credit	Standard	Kotak Bank	kotak	2500	-	16	9
Credit	Standard	Kotak Bank	kotak	2500	-	16	12
Credit	Standard	Kotak Bank	kotak	2500	-	16	18
Credit	Standard	Kotak Bank	kotak	2500	-	16	24
Credit	Standard	ICICI Bank	icici	1500	500000	15.99	3
Credit	Standard	ICICI Bank	icici	1500	500000	15.99	6
Credit	Standard	ICICI Bank	icici	1500	500000	15.99	9
Credit	Standard	ICICI Bank	icici	1500	500000	15.99	12
Credit	Standard	ICICI Bank	icici	1500	500000	15.99	18
Credit	Standard	ICICI Bank	icici	1500	500000	15.99	24
Credit	Standard	Bank of Baroda	bob	2500	-	13	3
Credit	Standard	Bank of Baroda	bob	2500	-	14	6
Credit	Standard	Bank of Baroda	bob	2500	-	14	9
Credit	Standard	Bank of Baroda	bob	2500	-	15	12
Credit	Standard	Bank of Baroda	bob	2500	-	16	24
Credit	Standard	Bank of Baroda	bob	2500	-	16	36
Credit	Standard	Standard Chartered	standard chartered	2000	500000	11.88	3
Credit	Standard	Standard Chartered	standard chartered	2000	500000	14	6
Credit	Standard	Standard Chartered	standard chartered	2000	500000	15	9
Credit	Standard	Standard Chartered	standard chartered	2000	500000	15	12
Credit	Standard	Standard Chartered	standard chartered	2000	500000	15	18
Credit	Standard	Standard Chartered	standard chartered	2000	500000	15	24
Credit	Standard	RBL Bank	rbl	1500	-	13	3
Credit	Standard	RBL Bank	rbl	1500	-	14	6
Credit	Standard	RBL Bank	rbl	1500	-	15	9
Credit	Standard	RBL Bank	rbl	1500	-	15	12
Credit	Standard	RBL Bank	rbl	1500	-	15	18
Credit	Standard	RBL Bank	rbl	1500	-	15	24
Credit	Standard	AU Small Bank	au	2000	-	14	3
Credit	Standard	AU Small Bank	au	2000	-	14	6
Credit	Standard	AU Small Bank	au	2000	-	14	9
Credit	Standard	AU Small Bank	au	2000	-	14	12
Credit	Standard	AU Small Bank	au	2000	-	14	18
Credit	Standard	AU Small Bank	au	2000	-	14	24
Credit	Standard	IndusInd Bank	indus	2000	-	14	3
Credit	Standard	IndusInd Bank	indus	2000	-	14	6
Credit	Standard	IndusInd Bank	indus	2000	-	14	9
Credit	Standard	IndusInd Bank	indus	2000	-	15	12
Credit	Standard	IndusInd Bank	indus	2000	-	15	18
Credit	Standard	IndusInd Bank	indus	2000	-	15	24
Credit	Standard	IndusInd Bank	indus	2000	-	15	36
Credit	Standard	Yes Bank	yes	1500	-	14	3
Credit	Standard	Yes Bank	yes	1500	-	14	6
Credit	Standard	Yes Bank	yes	1500	-	14	9
Credit	Standard	Yes Bank	yes	1500	-	15	12
Credit	Standard	Yes Bank	yes	1500	-	15	18
Credit	Standard	Yes Bank	yes	1500	-	15	24
Credit	Standard	HSBC	hsbc	2000	-	12.5	3
Credit	Standard	HSBC	hsbc	2000	-	12.5	6
Credit	Standard	HSBC	hsbc	2000	-	13.5	9
Credit	Standard	HSBC	hsbc	2000	-	13.5	12
Credit	Standard	HSBC	hsbc	2000	-	13.5	18
Credit	Standard	Citi Bank	citi	2500	-	13	3
Credit	Standard	Citi Bank	citi	2500	-	13	6
Credit	Standard	Citi Bank	citi	2500	-	15	9
Credit	Standard	Citi Bank	citi	2500	-	15	12
Credit	Standard	American Express	amex	5000	-	14	3
Credit	Standard	American Express	amex	5000	-	14	6
Credit	Standard	American Express	amex	5000	-	14	9
Credit	Standard	American Express	amex	5000	-	14	12
Credit	Standard	American Express	amex	5000	-	14	18
Credit	Standard	American Express	amex	5000	-	14	24

Debit Card EMI

Cashfree Payments supports 3 Debit Card EMI payment methods. These options are available to customers who are pre-approved by these issuing banks.

Here is a sample of the request that you need to send to /orders/sessions to process a seamless EMI payment. Read more here. Incase of a native OTP flow , Cashfree provides a submit OTP API which needs to be integrated on your checkout page.

{
     "payment_method": {
          "emi": {
               "channel": "post",
               "card_number": "4280901212123121",
               "card_holder_name": "Tushar Gupta",
               "card_expiry_mm": "09",
               "card_expiry_yy": "23",
               "card_cvv": "900",
               "emi_tenure": 12,
               "card_bank_name": "kotak",
               "phone": 8714268343
          }
     },
    "payment_session_id": "session__CvcEmNKDkmERQrxnx39ibhJ3Ii034pjc8ZVxf3qcgEXCWlgDDlHRgz2XYZCqpajDQSXMMtCusPgOIxYP2LZx0-05p39gC2Vgmq1RAj--gcn"
}

{
    "action": "post",
    "cf_payment_id": 1491777871,
    "channel": "link",
    "data": {
        "url": "https://sandbox.cashfree.com/pg/orders/pay/authenticate/1491777871",
        "payload": null,
        "content_type": "application/json",
        "method": "post"
    },
    "payment_amount": 6000.00,
    "payment_method": "emi"
}

curl --request POST \
     --url https://sandbox.cashfree.com/pg/orders/pay/authenticate/1111111 \
     --header 'accept: application/json' \
     --header 'content-type: application/json' \
     --header 'x-api-version: 2022-09-01' \
     --data '
{
  "action": "SUBMIT_OTP",
  "otp": "1234"
}
'

The following 3 card issuers are supported for card-based EMIs. Please send the exact values in the card_bank_name parameter.

Bank Name	Native OTP
HDFC Bank	Yes
Kotak Bank	Yes
ICICI Bank	No

Debit Card EMI Plans

Card Type	Type of EMI	Bank	card_bank_name	Minimum Amount	Maximum Amount	Annual Interest Rate	Tenure
Debit	Standard	HDFC Bank	hdfc	3000	500000	16	3
Debit	Standard	HDFC Bank	hdfc	5000	500000	16	6
Debit	Standard	HDFC Bank	hdfc	5000	500000	16	9
Debit	Standard	HDFC Bank	hdfc	5000	500000	16	12
Debit	Standard	HDFC Bank	hdfc	5000	500000	16	18
Debit	Standard	HDFC Bank	hdfc	5000	500000	16	24
Debit	Standard	Kotak Bank	kotak	3000	200000	19	3
Debit	Standard	Kotak Bank	kotak	5000	200000	19	6
Debit	Standard	Kotak Bank	kotak	8000	200000	19	9
Debit	Standard	Kotak Bank	kotak	8000	200000	19	12
Debit	Standard	ICICI Bank	icici	5000	500000	16	3
Debit	Standard	ICICI Bank	icici	5000	500000	16	6
Debit	Standard	ICICI Bank	icici	5000	500000	16	9
Debit	Standard	ICICI Bank	icici	5000	500000	16	12

Cardless EMI Providers

Your customers can also pay through other EMI providers (non-card based). A sample request is also provided here for your reference. ["flexmoney", "zestmoney"].

The providers are:

Flexmoney (powers Cardless EMI from HDFC Bank, Kotak Bank, ICICI Bank, IDFC Bank, Federal Bank, Home Credit, Bank of Baroda, CASHe)
ZestMoney

curl --request POST \
     --url https://api.cashfree.com/pg/orders/sessions \
     --header 'Accept: application/json' \
     --header 'Content-Type: application/json' \
     --data '
{
     "payment_method": {
          "cardless_emi": {
               "channel": "link",
               "provider": "flexmoney",
               "phone": "77891212345"
          }
     },
     "payment_session_id": "session_mdCizuqcgJWbIhdJ4rjON-vpCB1B31muN7Tev9p2kdlEQpj9mem5yF5gbUju4kdgN6-31FJnGK3yaEcqG0GZUsrbzOLDFPfA30iYduwiNmBk"
}

Provider Parameter	Name of the Provider	Min Amount
flexmoney	FlexMoney (powers Cardless EMI from HDFC Bank, Kotak Bank, ICICI Bank, IDFC Bank, CASHe, TVS Credit)	500 onwards
zestmoney	ZestMoney	1000

Cardless EMI Plans

Card Type	Type of EMI	Bank	provider	Minimum Amount	Maximum Amount	Annual Interest Rate	Tenure
Cardless	Standard	HDFC Bank	hdfc	3000	500000	16	3
Cardless	Standard	HDFC Bank	hdfc	5000	500000	16	6
Cardless	Standard	HDFC Bank	hdfc	5000	500000	16	9
Cardless	Standard	HDFC Bank	hdfc	5000	500000	16	12
Cardless	Standard	HDFC Bank	hdfc	5000	500000	16	18
Cardless	Standard	HDFC Bank	hdfc	5000	500000	16	24
Cardless	Standard	Kotak Bank	kotak	3000	200000	19	3
Cardless	Standard	Kotak Bank	kotak	5000	200000	19	6
Cardless	Standard	Kotak Bank	kotak	5000	200000	19	9
Cardless	Standard	Kotak Bank	kotak	5000	200000	19	12
Cardless	Standard	ICICI Bank	icici	7000	500000	17	3
Cardless	Standard	ICICI Bank	icici	7000	500000	17	6
Cardless	Standard	ICICI Bank	icici	7000	500000	17	9
Cardless	Standard	ICICI Bank	icici	7000	500000	17	12
Cardless	Standard	IDFC Bank	idfc	5000	100000	24	3
Cardless	Standard	IDFC Bank	idfc	5000	100000	24	6
Cardless	Standard	IDFC Bank	idfc	5000	100000	24	9
Cardless	Standard	IDFC Bank	idfc	5000	100000	24	12
Cardless	Standard	CASHe	cashe	1000	100000	23.78	3
Cardless	Standard	CASHe	cashe	6000	100000	25.28	6
Cardless	Standard	CASHe	cashe	9000	100000	25.63	9
Cardless	Standard	CASHe	cashe	12000	100000	25.8	12
Cardless	No Cost	ZestMoney	zestmoney	5000	150000	0	3
Cardless	Standard	ZestMoney	zestmoney	5000	150000	36	6
Cardless	Standard	ZestMoney	zestmoney	5000	150000	36	9
Cardless	Standard	ZestMoney	zestmoney	5000	150000	36	12

Paylater Providers

Your customers can also pay through the following Paylater providers:

HDFC Bank Paylater
ZestMoney Paylater
Lazypay
Simpl
Freecharge Paylater
Mobikwik Zip Paylater
Ring Paylater (Kissht)

Provider Parameter	Name of the Provider
zestmoney	ZestMoney Paylater
lazypay	Lazypay
simpl	Simpl
mobikwik	mobikwik

curl --request POST \
     --url https://api.cashfree.com/pg/orders/sessions \
     --header 'Accept: application/json' \
     --header 'Content-Type: application/json' \
     --data '
{
     "payment_method": {
          "paylater": {
               "channel": "link",
               "provider": "lazypay",
               "phone": "77891212345"       
          }
     },
     "payment_session_id":"session_mdCizuqcgJWbIhdJ4rjON- vpCB1B31muN7Tev9p2kdlEQpj9mem5yF5gbUju4kdgN6-31FJnGK3yaEcqG0GZUsrbzOLDFPfA30iYduwiNmBk"
}

Simpl Integration

For any new customer on your platform, simpl provides a redirection URL to authenticate the customer. For repeat customer Cashfree provides a submit OTP API which needs to be integrated on your checkout page for a seamless experience.

curl --request POST \
     --url https://api.cashfree.com/pg/orders/sessions \
     --header 'Accept: application/json' \
     --header 'Content-Type: application/json' \
     --data '
{
     "payment_method": {
          "paylater": {
               "channel": "link",
               "provider": "simpl",
               "phone": "8714268343"       
          }
     },
     "payment_session_id":"session_mdCizuqcgJWbIhdJ4rjON-vpCB1B31muN7Tev9p2kdlEQpj9mem5yF5gbUju4kdgN6-31FJnGK3yaEcqG0GZUsrbzOLDFPfA30iYduwiNmBk"
}

{
    "payment_method": "paylater",
    "channel": "link",
    "action": "link",
    "data": {
        "url": "https://prod.cashfree.com/pgnextgenapi-test/api/v1/view/gateway/FyQrZyVNFqABzPzbj9fJ389252b2c7b4e0b2e11380b550c81cc6",
        "payload": null,
        "content_type": null,
        "method": null
    },
    "cf_payment_id": 1316274816,
    "payment_amount": 1.00
}

{
    "payment_method": "paylater",
    "channel": "post",
    "action": "post",
    "data": {
        "url": "https://prod.cashfree.com/pgnextgenapi-test/api/v1/orders/pay/authenticate/1316030207",
        "payload": null,
        "content_type": "application/json",
        "method": "post"
    },
    "cf_payment_id": 1316030207,
    "payment_amount": 1.00
}

curl --request POST \
     --url https://sandbox.cashfree.com/pg/orders/pay/authenticate/1111111 \
     --header 'accept: application/json' \
     --header 'content-type: application/json' \
     --header 'x-api-version: 2022-09-01' \
     --data '
{
  "action": "SUBMIT_OTP",
  "otp": "1234"
}
'