Actual cost of No Cost EMI | How No Cost EMI works | #shorts

#nocostemi #personalfinance #finance

[sirajkhan-bxzl]

50000 k product pr 400 500rs 1time lagra to bhi its better than xtra 1800rs per month.

[skyinearth]

LLA Ke controversial shorts ka explanation 👍 perfectly explained👏

[parwatirawat]

Bought MRP99, 900 iPhone on emi for 94, 900. 5000rs instant discount and the intrest on emi discount which was rs 4125. Now adding 299+ 18% GST on 94, 900, approx Rs.95450*** still 4000Rs saved

[ajitbhensara]

This is the important msg for all people, Please explain in hindi for those people are not know in English ❤😊

[shreyas_YT]

500 rupees is small amount when compared to product which is priced over 60k

[AnkitSharma-oqwi]

very true. I had bought 56000/- sony tv on 3 months emi because of some offer but in the end i had to pay 58500 due to these charges

[KPvlogLtd]

Thank you so much ma'am... Muze pata hi nhi tha ye No-cost EMI concept. .. abhi muze pata chaha short video me in detail.

[TrilochanSatapathy]

This is what I recently experienced. Purchased a laptop using hdfc no cost emi. And on each emi it's charging 145rs. Its a 9 months emi. So the more months is the emi the more amount you pay as GST. Frustrating.

[ashishsuman]

But on a product of of 50000 and above if they are charging 200 per emi, then its still better than 16 to 18 % interest .

[royalpahadies]

Yes, aap sahi Keh rahe ho yes bank credit card walon ne bhi aisa hi kiya mere sath, mujhe pata nhi tha is bare Mai. Thanks for this valuable information...and kya mai ab bacha hua amount ek sath repay kr sakta hu

[arpitkumar]

Oh! GST interest par lagega! I thought ki processing fees par lagega. Bacha liya aapne. Thanks

[PradeepSingh-dchj]

Ye charge every month lagta hai jab tak emi hai ya one time hota hai??

[nitz]

Hi, I have bought bike at no cost emi, bike cost 105000, while paying through credit card the amount was only 97k they mention emi discount.. Even my credit card statement shows spent only 97k. And interest will be 8k for 12 months. So I want to know if I prepay whole amount now I will pay only 97k right or 105k

[rounakdas]

Wrong information...this type of no cost emi is applied in credit card no cost emi where there is no interest but a processing charge is there every month....but the main other type of emi s which are provided by Bajaj finance, hdb finance in offline market in that case there is interest plus processing fee(one time only) where the shop owner has to bear the cost of interest in case of providing no cost emi and just a small onetime processing fee is charged from the customer....so there are two kind of emi provider ek hai credit card Wale and ek hai Bajaj finance Wale jaha par koi bhi bank account se ho sakta hai even by showing govt Bank passbook

[tahreen]

The interest is exclusive of gst or gst is applicable on it.

[GProck]

Yes 500 Rs will lead you to a debt trap 😂 EMI bhi chahiye woh bhi interest free but can't part with even 500 rs..? Most of the websites clearly mention that GST is applicable on the interest and so are bank specific processed charges. For the convenience of paying up pver 6, 12, 18 months 500 rs isn't much of an ask

[moviesworld]

No cost emi lekar karke ek sath payment karne xtra discount hoga kya mam

[ArunKrish]

Are they included in the final price, or it'll be charged separately?

[stockind]

GST to vese bi lagega na ke including hota hai

[rohitsky]

@finologyticker kya ye hiden charges hr maheene lgega ya 1 baar me hi cut ho jayega..?