offus emi vs easy emi in HDFC

OFFUS EMI in HDFC is Emi principal offset…this is usually a Cashback
In General OFFUS transactions are those where, transactions happen between banking institutions that are two separate entities or the card issuer and the payment processor are different entities, with the payment processor acting as an intermediary between the cardholder and the merchant
For example, your card holder issuer Bank is A and you have done a transaction to grocery shop for which acquirer Bank is B. So the transaction route different network is called to OFFUS transaction
In such transaction , sometimes the amount will be debited from your account then refunded to statement but credit limit will be reduced to same amount
Later they will start debiting the amount as per your EMI, Interest and GST]

HDFC EasyEMI is a best-in-class EMI option for people who don't have a pre-approved limit or credit card or don't want to block their credit card limit to finance loans on products/services they want to purchase
With HDFC Bank EASYEMI, shop in full and pay in parts by converting transactions into easy instalments. Be it online or in-store purchases; you can avail EASYEMI facility

Easy EMI generally provides more straightforward repayment options, whereas Offus EMI might offer unique features depending on what it exactly entails & have to track it
Easy EMI plans often involve longer tenures to reduce monthly payments, while the tenure for Offus EMI might vary based on specific terms
The interest rates could vary slightly based on products & tenure. For Easy EMI schemes are typically designed to be more manageable but might lead to a higher total cost due to extended tenures. For Offus EMI, the rates and terms could be different and less straightforward

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