Flipkart Introduces Online ‘No Cost EMI’ Option

E-commerce website Flipkart on Tuesday introduced “No Cost EMI” option to make online shopping affordable for high end purchases through an attractive financing options of Equated Monthly Installments (EMI) where customers will not bear additional costs and Flipkart’s “No Cost EMI” entails zero processing fee, zero down payment and zero interest for all customers.

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“This is the first step towards making shopping truly affordable for masses online and brands have shown great enthusiasm to collaborate with us and this has the potential to disrupt online shopping just like we did with Cash on Delivery a few years ago,” said Mayank Jain, head of digital and consumer financial services, Flipkart, in a statement.

Flipkart introduces online ‘No Cost EMI’ option

With the introduction of “No Cost EMI” option, Flipkart aims to enable more people to get access to products they aspire for and the company has partnered with Bajaj finance and key brands to create this offering which is available for select products and sellers for now and the offering comes with loan tenures starting 3 months up to 12 months.

Flipkart Introduces Online ‘No Cost EMI’ Option

Rahul Sharma

Hello, I am Rahul Sharma and I love to write articles. Now I am Author at www.efriends.info. And I also working as Blogger with E Friends. As a Blogger at www.efriends.info I writes news and articles regularly on Tech , Gadgets and more.

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