After Flipkart now Amazon India also provides No Cost EMI to selected products, but for amazon instead of giving instant discount , you will receive Amazon GIFT card of amount you paid as interest.
Also Bajaj finserv EMI card can be used as payment to get interest less emi and you dont have pay any thing extra no downpayment.
Here is the list of Mobiles available for No Cost emi and Bajaj EMI card.
1 used from Rs. 26,999.00
1 used from Rs. 24,000.00