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Scrutinise your no-cost EMI offers for hidden charges, say experts

There could also be a third scenario where the interest cost is added to the product price and then the higher price is converted into EMIs

Bindisha Sarang |Business Standard
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Scrutinise your no-cost EMI offers for hidden charges, say experts

4 min read Last Updated : Oct 12 2022 | 10:03 PM IST
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It’s the festival season and many online and offline retailers are advertising their no-cost or zero-cost EMI (equated monthly instalment) schemes on gadgets and appliances. No-cost EMIs are essential

Topics :EMIInterest RatesPersonal Finance Credit cardsEMI changeRegistered investment advisorsChief executive officerBankBazaarCredit card loans

First Published: Oct 12 2022 | 5:42 PM IST

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