New Delhi, March 28 -- Obtaining a credit card from a financial institution is an extremely easy process. This is because of the fact that credit cards, personal loans etc., are all credit instruments. They open up a line of credit and the borrower needs to repay consistently to avoid hefty interest charges later on.

Keeping the same in mind, Axis Bank, one of India's leading banks provides its customers the opportunity to convert Axis Bank credit card transactions into equated monthly installments (EMIs). This helps the Axis Bank credit card holders flexibility in repayment and hence managing larger purchases effectively.

This simple concept facilitates customers to reduce their financial burden and keep things in order without falling...