New Delhi: Quick commerce company Blinkit rolled out grocery on EMI for app users effective immediately. Blinkit founder and CO Albinder Dhindsa announced the new feature on social media platform X. The minimum starting price for EMI is Rs 2,999, according to the post.
The new feature is aimed at encouraging affordability and better financial planning for Blinkit users, said Dhindsa. Blinkit is offering EMI plans starting at 15 per cent per annum, according to the post.
We have introduced buying with EMI on Blinkit!
EMI options will be applicable on all orders above ₹2,999 (except orders that contain gold and silver coins)
We believe this will improve affordability and enable better financial planning for our customers. pic.twitter.com/htBrxnKMjk
— Albinder Dhindsa (@albinder) October 24, 2024
What is the minimum amount for Blinkit EMI?
Blinkit users must spend a minimum of Rs 2999 per order to become eligible for EMI transactions. The EMI offer will be available for the following card users:
S. No.
Bank
1
HDFC Bank
2
SBI Bank
3
ICICI Bank
4
Kotak Mahindra Bank
5
Axis Bank
6
RBL Bank
7
Citibank
Blinkit EMI transactions are not allowed on gold and silver coin purchases.
What is Blinkit seller hub?
Quick commerce platform Blinkit rolled out Seller Hub, its seller programme to enable brands to sell online without any interaction with intermediaries or the platform itself. The feature was announced by Blinkit CTO Sajal Gupta on X. This will be similar to the fulfilled by Amazon service which takes care of warehousing, packaging and shipping of products part from supporting returns as well as customer service for sellers in its platform, the Mint reported.
The comoany recently announced a plan to expand its dark store footprint in a bid to support express 30-minute delivery of high ticket items. These items are likely to include water heaters and air purifiers apart from jewellery.
Quick commerce app operator Blinkit has rolled out an EMI option for buyers who spend above a certain amount on buying groceries and other goods on its app. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
