Nettet20. mar. 2024 · In a no-cost EMI, you essentially repay just the principal amount without any interest. It’s like an interest-free loan that you can take on your credit card. Technically, a no-cost EMI is not allowed by the RBI. There’s a reason for this - apart from just ensuring we’re all responsible citizens who pay their dues, the economy at large ... Nettet4. jul. 2024 · Avail of No Extra Cost EMI on 6 & 9 months tenure with ICICI Bank Credit Card at Flipkart Offer Details: Get upfront discount equal to EMI interest on 6 & 9 months EMI tenure on items purchased at Flipkart Minimum transaction amount Rs.3,000 Offer valid on Credit Card EMI transactions only Offer applicable only on EMI tenures of 6 & …
No Cost EMI on Credit Cards - Check Process on How to Avail
NettetTo avail a no-cost EMI option on Flipkart, buyers will need to follow the steps listed below: Once they select the product, they will need to search for the "No-Cost EMI" option that will be listed on the right hand side of the page and under the offers section. NettetFor e.g., if you bought a mobile phone from Flipkart using HDFC Debit Card EMI between 1st April to 20th April, the 1st EMI will be due on 1st May but if you bought it between 21st April and 30th April, the 1st EMI will be due on 1st June. Your EMI will be automatically debited from your account on the due date so you need to ensure that you ... mid america boat show discount tickets
What is the meaning of no cost EMI on credit cards? - Quora
NettetThe No Cost EMI facility helps you to pay your monthly EMIs without any additional cost. This means, when repaying your purchase cost, you only have to pay the actual cost of the product without any interest. NettetEMI schemes are subject to a nominal processing fee, usually to the tune of a small percentage per ₹1000 of the amount you wish to convert into EMIs. Zero EMI offers are … NettetIn other words, no cost EMI financing calculates your EMIs by dividing only the purchase price of the item by the length of the repayment tenure, without charging anything … new snack machine