No-Cost EMI: The Hidden Game Behind 'Free' Installments You Must Know!

• No-Cost EMI often hides interest or additional charges, adjusted as a discount or borne by seller/platform.
• Many platforms remove instant card discounts, cashback, or festive price cuts when you opt for No-Cost EMI.
• Banks may charge processing fees and GST on the interest component, even if 'adjusted', which are often not upfront.
• Multiple EMIs increase credit exposure, potentially impacting future loan applications or credit limits.
• No-Cost EMI can be smart if no full payment discount exists, processing fees are low, and it aids cash flow; always compare total costs.