Groupon provides EMI options to some of the High Value Items.
Currently there is one option of HDFC credit card with 12% annual interest, There are three month and six month option.
|Name of the bank||Minimum order amount to avail EMI (In )||EMI Processing Charges / Interest Charges|
|Three Months EMI||Six Months EMI|
|HDFC Bank||See product listing||12%||12%|
The table shows price of iPad recently example given for three month and six month.
EMI options will be available at checkout page.
|Tenure (months)||Loan amount||Monthly installment||Bank interest rate||Total effective price you pay||Interest paid to Bank|
|3||Rs 25690||Rs 8735.17||12.00%||Rs. 26205.51||Rs. 515.51|
|6||Rs 25690||Rs 3,450.97||12.00%||Rs 26596.62||Rs. 906.62|