No-Cost EMI (Monthly Instalments): Does It Really Come At Zero Cost?
No-cost EMI: What you should know before making purchases using this scheme During the festive season, many companies and online retailers come up with lucrative offers, including no-cost equated monthly instalment (EMI) schemes. Many often wait for festive season sales to purchase home appliances, new vehicles, bikes and gadgets. The no-cost EMI offers allow consumers to buy different products in instalments without paying additional interest or charges. It can range anywhere from 3 months to 24 months. Now, if the scheme sounds perfect for your next purchase, then there are certain things you should be aware of. Hence, it is better to analyse these factors and only then go for a no-cost EMI. Source - NDTV #nocost#emi#checkout#facts