FAQs Around No-Cost EMI Phones Offers
1. What is No-Cost EMI, and how does it work for mobile phone purchases?
No-Cost EMI allows you to buy a mobile phone and pay for it in monthly installments without any added interest. The total cost is divided into equal payments, and you only pay the original price of the phone, with no extra charges.
2. Can I use both a coupon code and No-Cost EMI for the same mobile phone purchase?
Yes, in most cases, you can combine a coupon code with a No-Cost EMI offer. Many online retailers and banks allow customers to apply a discount code and still choose No-Cost EMI at checkout.
3. Which banks offer No-Cost EMI and additional discounts on mobile phones?
Banks like HDFC, ICICI, and SBI often partner with mobile phone retailers to offer No-Cost EMI. They also provide additional perks like cashback and percentage discounts on select mobile phones when you use their credit or debit cards.
4. Do I still get bank offers if I choose No-Cost EMI for my mobile phone purchase?
Yes, bank offers such as cashback, instant discounts, or percentage off deals often apply even if you choose No-Cost EMI. Just make sure you use the eligible bank card during checkout to claim these benefits.
5. Are there any hidden charges with No-Cost EMI on mobile phones?
No, there are no hidden charges with No-Cost EMI. However, some banks or platforms may charge a processing fee. Always read the terms and conditions to be sure you're not incurring any extra costs.
