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Hi Nikhil,
Thanks for writing in.
We understand your concern about the 'No cost EMI' option.
We'd like to let you know that the No Cost EMI is an option which allows you to pay your EMI provider only the product price. Interest amount which you are going to pay to your bank will be given as an instant discount during product purchase.
This EMI option allows you to purchase products at no processing fee and no interest cost. You can avail this option if you have a Bajaj Finserv EMI Card.
No cost EMI is available on select products, sellers and categories including mobiles. You can check the availability in the offers section on the product detail page.
Hope this helps.
EMi term and conditions.......
Hi Nikhil,
Thanks for writing in.
We understand your concern about the 'No cost EMI' option.
We'd like to let you know that the No Cost EMI discount of Rs. 436/- provided to you at the time of purchase is being offered by the brand so that total amount you pay to bank over EMI tenure is equal to original product price ( pre No Cost EMI discount).
This does not however amount to any EMI/interest waiver by the bank and you will need to pay an interest equal to No Cost EMI discount of Rs 436 to the bank.
Please note that Flipkart does not charge any processing fee for this payment mode. You may get in touch with the bank's customer care using the number mentioned on the back of your card for more information.
Hope this helps.
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