To understand No Cost EMI first let me explain what is EMI on credit card.
If you want to buy large value item credit card company ( bank) give your credit or loan and charge some interest , and you pay that installment monthly.
No Cost EMI is offered by Seller ( i.e Amazon / Flipkart ) not bank. Seller will give you upfront discount which equals to interest charged by bank, so in the end you are not paying extra money for your EMI.
Also there is Zero Downpayment and Zero processing fees, however taxes as applicable charged by bank.
Table of Contents
How to get No Cost EMI
Step 1: Check product eligibility for No Cost EMI
Check No Cost EMI on Product details page
Step 2: Discover EMI Options on the product
Discover EMI option on product page
Step 3: Select No Cost EMI Option on payment page
Select No Cost EMI options and checkout
FAQ
Will I be charged interest by my bank?
Yes, your bank will charge some interest. However, an instant discount equal to interest payable to bank will be provided, thus making it no additional interest cost for you.
You will pay your bank the total product cost split into installments.
| Product Price | 30,000 | |
|---|---|---|
| You will get instant discount at time of order | -638 | |
| Bank Interest Charged every month | +638 | |
| Finally you pay | 30,000 | |
You pay exactly the price of the product only and no extra costs pertaining to interest or processing fees is charged.
What will by bank statement looks like?
Initially your card limit will be blocked for the full purchase amount. After 4-7 business days your bank will process this to an EMI and you will be charged the EMI amount in your monthly card statement.
After Placing Order
Discounted amount paid to Bank? (Rs 30,000 – Rs 638) Rs 29,362
After 4-7 Working Days
Amount revered by the bank and converted to EMI.
Monthly Installments
You will pay Rs 10,000 every month for 3 months, as you pay your EMI, your credit limit will be released.
Mobiles Available on No Cost EMI
Laptops available on No Cost EMI
No Cost EMI in Hindi
No Cost EMI ????? ?? ??? Credit Card ??? EMI ???? ?? ?? ????? ???
??? ?? Credit Card ?? ???? ????? ?? ??? ?????? ?????? ????? ?? ?? Credit Card Company (bank) ???? Credit ?? Loan (?? ) ???? ?? ???? ????? ???? ????? ?? ???? ?? ????? ??? ????? ?????? ???? ???? ???
No Cost EMI ???? ?????? ????? ????? Flipkart, Amazon ???? ???????? ?? ?? option ???? ???? ???
No Cost EMI ?? Flipkart, Amazon ???? Discount ???? ?? ?? ???? ?????? ???? ??? ???? ???? ????? (Interest) ????? ????? ????? ??? ?? ???? EMI ?? ???????? ????????? ???? ????? ????? ?? ?
??? ?? ???? Zero Down Payment ?? Zero processing fees ?? ?????? ?? ????????? Tax ???? ?? ?????? ???? ??????
No Cost EMI ???? ??????? ??? ?
STEP-1 : No Cost EMI ?? ??? PRODUCT ?? ELIGIBILITY ???????? ?
Check No Cost EMI on Product details page
STEP-2 : PRODUCT ?? EMI OPTION ????
Discover EMI option on product page
STEP-3? : PAYMENT PAGE ?? No Cost EMI ?????? ????
Select No Cost EMI options and checkout
FAQ :
???? ???? ???? ???? ?????? ????? ?? ?????? ???? ?????
???, ???? ???? ??? ????? ???? ?? ???????, ???? ?? ??? ????? ?? ????? ?? ?????? DISCOUNT ?????? ?? ?????, ?? ?????? ????? ??? ???????? ????? ???? ???? ???? ?? ?
?? ???? ???? ?? ??? ?????? (Product) ?? ???? ?? ?????? ??????? ??? ??????? ???????
| Product ???? | 30,000 | |
|---|---|---|
| ???????? instant discount ???? ?? ???? | -638 | |
| ?? ????? ???? ?? ????? ?? ????? ????? ???? ?? | +638 | |
| ??? ??? ?? PAY? ???? ??? | 30,000 | |
?? ???? Product? ?? ???? ?? ?????? ???? ??? ?? ????? ?? ?????????? ??? ?? ??????? ??? ???????? ???? ???? ???
???? ????????? ??? ????????? ?????
??????? ??? ???? ????? ?? LIMIT? ????? ???? ???? ?? ??? Block? ?? ?? ?????? 4-7 ?????????? ????? ?? ??? ???? ???? EMI? ?? ???????? ????? ?? ???? ????? ????? ????????? ??? ???? EMI? ???? ?? ?????? ???? ??????
ORDER????? ?? ???
???? ?? ?? ?? ???? – (Rs 30,000 ? Rs 638)?Rs 29,362
4-7 WORKING DAYS ?? ???
???? ?????? PRODUCT ?? AMOUNT ???? ?? ???? ?? ?? ?? AMOUNT ?? EMI? ??? ????????? ???? ???? ?? ?
Monthly Installments
?? 3 ????? ?? ??? ????? ??? 10,000 ????? ?? ?????? ??????, ???? ?? ?? ???? EMI ???? ???, ???? CREDIT LIMIT? ??? ?? RELEASED? ?? ??????
