Mobile Phones are the gadgets of today with all the features that we ever need. It is also expensive to buy the best mobile phones or the one with all the features. Sometimes, we won’t have a budget but a mobile phone will be such an necessity. In this era, we can get anything we need in just a click. There are ways to figure out any of our needs. No Cost EMI is one such option which can get us an thing we want is as soon as possible. With the deals and offers going on in the top online stores, you can get the best price using the No Cost EMI option.
Online Shopping websites such as Amazon, Flipkart, Snap deal etc offers a great deal in the No Cost EMI category. Mostly, all of the banks offer a No cost EMI service. You can get it on any of the desired mobile phones. Isn’t that an amazing thing? There is no need for waiting for the saving, but you can shop the product on the go with the No Cost EMI Offers.
The Festive Season is around the corner. This is the time mainly every other online website offers No Cost EMI on almost every product. You can even buy the latest smartphones. This takes away the payment of a huge amount all at once. You can easily pay a small amount at different intervals without any extra cost.
Amazon No Cost EMI Offers on Mobile Phones
|Brands||No Cost EMI|
|Samsung||Rs.777 – Rs.4,613|
|Vivo||Rs.470 – Rs.1,333|
|Mi||Rs.753 – Rs.1,223|
What is No Cost EMI?
No Cost EMI/equated monthly instalment is a service given to users to pay the exact price of a product, with monthly instalments. You only have to pay the price of the product. The price of the product will be equally divided accordingly to your repayment timeline. For example, in case you buy an item for Rs.18,000, you will have yo pay Rs.3,000 every month. It is for 6 months if you are on a 6-month tenure. The total amount at the end will Rs.18,000 itself.
|Zero Effective Interest|
|Zero Processing Fee|
|Debit Card EMI|
|Credit Card EMI|
|Bajaj Finserv EMI|
What is the Payment Method for No Cost EMI?
You can get the No Cost EMI service from almost all the major banks. No Cost EMI is available on credit cards from Axis, ICICI, HDFC, Citi Bank, SBI, IndusInd, Yes Bank, Kotak, RBL, HSBC and also with Bajaj Finserv EMI cards.
If you are availing EMI using a HDFC bank credit or debit card, you will be charged a processing fee of ₹99 by banks. For ICICI debit EMI, you will be charged a processing fee of ₹199 which will be billed along with your first EMI. Certain banks may charge GST on the interest component of the EMI.
- There will be a processing fee of Rs.99 on EMI using an HDFC bank credit or debit card.
- There will be a processing fee of Rs.199 on EMI using an ICICI bank debit card (billed during the first transaction).
- GST will be applied on certain bank EMI.
- You cannot use Amazon Pay Balance while making the payment with a No Cost EMI Offer.
- You can use Exchange offer and No Cost EMI at the same time.
No cost EMI is available mainly on categories such as mobile phones large appliances, laptops and a lot more. The offers will be available on selected products only. You can check the availability in the Check offers section on the product detail page.