Amazon No cost Emi - Additional Cashback - Any hidden charges?
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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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You will be slapped GST 18% on the interest. Assume your interest is 1000 rupees, your GST will be 180 rupees.
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
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?
Yes please anyone explain in detail I thought no cost means no cost extra in EMI mode of payment
No conversion charges. Only 18% GST on the interest component will be applied.
Also can you get emi on normal axis bank debit card