Customers can use this payment method to buy costly things online and pay for them in monthly instalments instead of paying the entire amount upfront. It implies that when you buy something on a no-cost EMI, the entire EMI that you would have paid on the purchase is deducted from the product's price. Therefore, no-cost EMI means a discount on product or service cost equal to the interest that would have been charged.

Image upload
Category
Country

Similar Articles

Similar Bookmarks

Connected Bookmarks