Nykaa EMI Offer – How to buy product on EMI on Nykaa?

Nykaa offers a convenient EMI (Equated Monthly Installment) option, allowing you to purchase beauty and fashion products and pay in easy installments through your credit or debit card. 

How it Works:

1. Add to Cart: Choose your desired products and proceed to checkout.
   
2. Select EMI: On the payment page, select the EMI option.
   
3. Choose Bank & Tenure: Select your card issuing bank and preferred repayment duration (3, 6, 9, 12, 18, or 24 months).
   
   
4. Review & Pay: The interest rate, monthly EMI amount, and total interest will be displayed. Enter your card details and click ‘Pay Now’.

Key Features:

• Eligibility:
  • Available for orders above ₹4000.
  • All products on Nykaa are eligible, provided the cart value meets the minimum threshold.
• Participating Banks:
  • HDFC, ICICI, SBI, Axis, Amex, HSBC, IndusInd, Kotak, RBL, Standard Chartered, and others.
• Interest Charges:
  • Issuing banks charge interest on EMI transactions.
  • Interest rates vary and are displayed at checkout
  • Some banks may charge additional processing fees.
• No Cost EMI:
  • Available on eligible products for purchases above ₹3,000.
  • The interest amount is provided as an upfront discount, so you pay only the product price.
  • Banks do still charge the interest, but nykaa lowers the price of the item by that amount.
• Bank Discretion:
  • EMI eligibility, payment plans, and refunds are determined by the card issuing bank.
  • If your bank rejects the emi conversion, you will need to pay the full price of the item.

Important Notes:

• Contact your bank for questions about EMI conversion or early closure.
• If your payment fails, double check all information, or use cash on delivery if it is available.
• Refunds for EMI purchases will be processed to your card, and you’ll need to confirm cancellation with your bank.