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India Business News: This article discusses financing options like no-cost EMIs and BNPL that are popular during Republic Day sales. It warns consumers about hidden charge ....
No Cost EMI, also known as zero cost EMI or interest-free EMI, is a financing option where the cost of a product can be converted into Equated Monthly Installments (EMIs) without incurring additional charges beyond the agreed purchase price. It s widely available at various online and offline stores. ....
India Business News: No-cost EMI plans can be a convenient way to make purchases without paying the full price upfront. Here are some tips for using them wisely: compare o ....
The interest rate that is charged on revolving dues of a credit card, can go typically up to 42% per annum, if you do not pay off the total dues by the due date. This is why many people covert their spends into EMIs. Moreover, due to various deals on offer many people opt for credit card EMI as payment option at the time of purchase. However, what if we tell you pay 18% more on interest amount and the story is no different in case of No Cost EMI . Read on to know how. ....