17 NO COST EMI is COSTLY! #shorts #emi #amazon

17 NO COST EMI is COSTLY! #shorts #emi #amazon

While buying any product, we often see the option of either buying it at full payment or on no Cost EMI. While the option of No cost EMI seems attractive, in reality it is a big scam. EMI is a type of loan and the concept of Interest free loan or No Cost EMI does not exist.

However, applications like Amazon or Flipkart still advertise no cost EMI on their website. But RBI has clarified that no Cost EMI is a false advertisement and the scheme is deceptive and not correct.

If you check the price of Iphone 15 of Amazon. The price of one time payment is less, but the price increases as soon as you change it to EMI payment. Hence, in reality the price of interest payable on EMI is already added in the product price. Only in very limited cases, the price does not change when you chose no cost EMI. Watch the video, to know about it all!

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[Arorapunjab-ob]

Bohot useful information! Thank you, you just earned a subscriber

[Harsh_-gl]

Best hai ki pehley no cost karvao.then cancel karvao.jiskey vajah se discunt mil jaega interest ka

[HarshDugar-sgew]

I will never buy phone on EMI again. Thank you

[Harsh_-gl]

Bhai. Plz reply krna
1phone mein no cost emi discount de rhey. Agar phley main emi banvakar. Then emi camcel karva dun toh

[yashpalgarg]

Sahi bola hai ... Par iss scan se kaise bacha middle class ko to emi par item Lena hi padega...

[satyamtalwar]

the way that i see it is, if invest that same amount in my own business or in the market can it give me higher return.

[spiritualverse]

What if i choose 24 mnths plan and interest is already paid by seller as discount and i pay my emi in first month itself all amount ?

[hail]

Bro limited case dikh raha hai mjhe aik product pe par buy karne pe 'No cost EMI' option nhi dikha raha, khali EMI dikha raha hai jo intrest based hai

[Mr_akash_r]

Ek baat batao brother agara main credit card se ek laptop one time pay pe buy karun or usss amount ko emi ke taraf credit card company ko de du toh hoga kya

[anu.jangra]

Bhai ye bta ..EMI pe muhe. Saata pad rha tha .. isliye liya ..kya mere sath scam ho chuka h ????

[sushiljoon]

Sab scam kar rhe h middle class k sath🥲

[adilali]

Bhai itna dimag to mujh me bhi he, faltu pese nahi deta me

[shashankrao]

Chal be kuchh bhi maine iqoo nero 9 pro liya one time payment me uski cost 31k approx thi ands emi pe bhi utni hi pad rhi balki card discount alag se mil rha 1999 ka