Diwali 'No-Cost EMI' on a ₹40,000 Phone: The Real Cost, Line by Line
You tap 'No-Cost EMI' on a ₹40,000 Diwali phone and pay ₹0 interest — but GST, a processing fee and the discount you forgo still add up. The line-by-line math.
You tap 'No-Cost EMI' on a ₹40,000 Diwali phone and pay ₹0 interest — but GST, a processing fee and the discount you forgo still add up. The line-by-line math.
'No-cost EMI' still costs you — the discount you forgo, 18% GST on interest, fees and stripped rewards. The real math on a ₹60,000 buy, plus 2026 RBI rules.