EMIs, or Equated Monthly Instalments, are a way of repaying your loan during its tenure. Your EMI amount would be automatically debited from your bank account every month if you link your bank account through ZapMoney by setting up an E-Mandate.
To use ZapMoney, you must be over 18 years of age. You must be Indian resident and have a bank account, PAN card & Aadhaar card. A credit card is not mandatory.