I want to buy from Reliance Digital which is offering 10% off upto 1500rs. on Non-EMI and 10% off upto 10,000/- on No-cost EMI. Since I intend to purchase for 30,000 rs. i want to avail No-cost EMI. But i have never done EMI transactions. Are there any other charges involved in a no-cost EMI deal. Please advise.
book on no-cost emi with maximum time duration and then after a week, call the bank customer care & cancel/foreclose the emi. it may be free cancellation or 2-3% cancellation fees. but you will save more money in terms of no-cost emi discount.
let me know the bank name, maximum duration of no-cost emi and no-cost emi discount. i can tell you the savings after cancelling emi..