Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The actual cost behind 'no-cost EMI': Popular shopping option decoded
What is zero-cost EMI? While we shop online on Flipkart and Amazon, we come across an option of no-cost EMI. Retailers offer such schemes in festival season, especially on products like mobiles, electronic appliances. But, does no-cost EMI really mean that there is no interest involved? In this video, we will decode the term and explain in detail about this offer and things you should keep in mind while shopping online.