Today news
About the same in other media
No Cost EMI: How does it work, merits & demerits – Here’s all you need to know
Reading now: 803
financialexpress.comUnlike the previous zero-cost EMI schemes that were ruled out by the RBI, the currently popular no-cost EMI charges interest but the amount is deducted from the final sum paid by the consumer.
In other words, according to Gaurav Jalan, CEO and Founder, mPokket, the buyer does not pay any sum exceeding the product price as the discount equivalent to the interest amount being levied by the bank is offered by the seller or manufacturer and not the bank.
Having said that, one of the disadvantages of
Read more on financialexpress.comAbout this in other media
Opting out of crypto offerings can come at a cost for wealth managers ambcrypto.com /3 years ago
Delays at ‘approved’ PCR test firm Rightangled have cost me £600 theguardian.com /3 years ago
You need to know THIS before buying HUSKYX, the coin that soared by 67,000% ambcrypto.com /3 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
