Amazon No cost Emi - Additional Cashback - Any hidden charges?

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Deal Cadet
dealsbuster

Hi Friends.
I do lot of online shopping for years but I have never used EMI option for any purchase.

In the Big Diwali sale I see amazon is offering 10% off on Axis and Citi cards + 250 additional cashback on EMI transactions. I have Citi credit card.
If I chose the 3 or 6 month No cost EMI option of Citi, Will there is any other kind of hidden charges or something or is truly no cost EMI?

Also, this EMI amount gets added to every month statement and I have to pay it? or after making the EMI purchase I can choose the settle the whole amount upfront?

I don’t need EMI, just for that 250 cashback I may use it.

Plz suggest

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Also can you get emi on normal axis bank debit card

Deal Subedar Deal Subedar
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You will be slapped GST 18% on the interest. Assume your interest is 1000 rupees, your GST will be 180 rupees.

Deal Cadet Deal Cadet
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I bought m40 on 6 Emi scheme,they are charging EMI conversion charges +GST on every month ,help me how to get ride out of emi conversion charges

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Deal Cadet Deal Cadet
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More details and inputs here plz.
If there is no interest or charge then there should not be any interest charged on it as well?

Also, what is emi conversion charge?

Deal Cadet Deal Cadet
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Yes please anyone explain in detail I thought no cost means no cost extra in EMI mode of payment

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Deal Cadet Deal Cadet
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No conversion charges. Only 18% GST on the interest component will be applied.

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