# Amazon announces a special EMI scheme for Prime members | Tech News (HT Tech) > Amazon says that Prime members can upgrade to their favourite smartphone and enjoy 50% lower monthly instalments using HDFC Bank Credit and Debit Card EMIs. # Amazon announces a special EMI scheme for Prime members ## Amazon says that Prime members can upgrade to their favourite smartphone and enjoy 50% lower monthly instalments using HDFC Bank Credit and Debit Card EMIs. Aug 21 2022, 14:48 IST ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook.png) ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook-hover.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Share.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Shareclicked.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp-hover.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter-hover.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook-hover.png) ![Bookmark](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmark.png) ![Bookmarked](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmarked.png) ![The newly introduced scheme is called ‘Advantage no-cost EMI’.](https://images.hindustantimes.com/tech/img/2021/02/02/1600x900/2021-02-01T012346Z_460820352_RC2DJL9KUS6G_RTRMADP_3_AMAZON-COM-RESULTS_1612264143101_1612264171426.JPG) The newly introduced scheme is called ‘Advantage no-cost EMI’. (REUTERS) ![Author Photo](https://images.hindustantimes.com/tech/static/revamp/images/png/HTTech-new-circle-logo.png) ### By HT TECH Amazon India on Tuesday introduced a special no-cost EMI scheme for Prime members in India. The newly introduced scheme called ‘Advantage no-cost EMI’ gives users the lowest interest-free instalments with a minimum three-month enhanced tenure for smartphone purchases on Amazon’s platform in India. Amazon says that Prime members can upgrade to their favourite smartphone and enjoy 50% lower monthly instalments using HDFC Bank Credit and Debit Card EMIs. For instance, you were to buy a smartphone worth ₹30,000. With Prime membership, you can buy the phone via no-cost EMI option in 12 monthly instalments worth ₹2,500 each. The non-Prime members, on the other hand, will be able to avail the no-cost EMI option in six monthly instalments worth ₹5,000 each. Also read click here. Here’s how you can avail this scheme: Step 1: Click the EMI option on the product page. Step 2: Check out the available payment options with no-cost EMI. Step 3: Choose your tenure and other details on the payments page. Step 4: Make the payment and you are done! It is worth mentioning that this plan is available only to Amazon Prime members. Non-Prime members can avail it by joining Amazon Prime membership for ₹999 a year or ₹129 per month. Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. 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