Rainbow EMI Policy
EMI is applicable on purchases above 10,000 BDT
Following are the Terms & Conditions applicable to the EMI plan and are to be read along with the Credit Card Terms and Conditions:
- To get an EMI, the minimum purchase must be BDT 10,000/-.
- You can checkout only if your credit limit is equal to or greater than the product’s price.
- EMI is available at 0% interest for a tenure of 3, 6, 9, 12, 18 and 24* months. (12, 18 & 24 Months Tenure is available on selected banks listed above)
- The purchase conversion to EMI may take up to 10 (10) working days.
- Purchase on RAINBOW-BD.COM is to be made at least 3 (three) working days before the next credit card statement is generated to ensure the transaction reflects in that statement. For example, if your statement date is October 24, 2024, then, the purchase should be made before October 21, 2024.
- If you make a purchase within the 3 days as mentioned in paragraph no. 3 or after the statement date, then, the transaction will be reflected in the next month’s statement.
- The Bank providing EMI service is not acting as a corporate agent/distributor of third-party products/services and shall not be responsible in any manner to any person or any claim.
- Notwithstanding anything contained in this Terms and Conditions and Credit Card terms and conditions, RAINBOW BANGLADESH reserves unconditional and unequivocal right to reject, refuse, delay, or object to provide EMI facility to any customer for any product, even after complying with all the above-mentioned requirements, without citing or stating any reason.
- Please contact your issuer bank if your EMI is not activated within the mentioned time in paragraph no. 5.