No-cost EMI can still add hidden shopper costs
In short
No-cost EMI offers can still bring extra costs, Mint Money says. The plans are sold as interest-free, but the summary says hidden charges may be included.
This matters because shoppers may pay more than they expect. The reporting does not name a specific bank, product, or exact fee.
What the reporting says
No-cost EMI offers for online shoppers can still include extra expenses, according to Mint Money's summary of the issue. The reporting says these plans are marketed as interest-free but may hide costs. It does not name a specific lender, product, date, or total extra charge. The immediate takeaway is that buyers should check the terms closely before choosing the option.
Why it matters
No-cost EMI offers can still include hidden costs, according to the publisher summary about online shopping finance options. The item warns buyers that “interest-free” marketing may not mean zero extra expense. No specific lender, product, amount, or date is stated, so the main impact is a caution for consumers comparing payment plans.