Its Me The emi paid by you i.e Rs 3667 consists of both principle and interest amount. The bank charges you gst @18% on the interest amount which is included in the emi. The gst amount reduces every month because interest amount is calculated on reducing balance which keeps decreasing every time you make one payment.
@Its Me I had purchased a laptop of 33240 and choose to pay by no cost emi. So I had to pay 5540 for 6 months. But when bank sent me the 1st bill off that emi, it was 5540 +67. So basically you have to pay a little bit more than the mentioned amount of emi. Hope I could make you understand what I mean.
thanku yogi ji...3 videos dekhi back to back...saare doubts clear....or aapko kbhi b kahne ki zrurt nhi h ki...subscribe and like k lie....itna ache se smjhaate and video bnaate ho har koi...khud se kr dega.
Bahut sahi sir. "No cost EMI" is a very good topic that you choose because most of people are confused about it. But apne ise achhe se samjhaya iske liye bahut bahut dhanyavad.,🙏
You have put really great efforts!! Sabse important baat aapko batana chahiye tha ki EMI = Principal + Interest + 18% GST on Interest. Aapne sirf Principal + Interest ki baat ki. Customer always ends up paying GST extra and that's the loss. Dost kaunsa credit card 36% aur 18% interest charge karta hai aur kab? 36-42% tab charge hota hai jab koi statement billed amount partially ya zero ya minimum due pay karta ho, wo bhi bache amount pe lagta hai aur next bill me add hoke aata hai. Koi rare bank hogi jo 18% rate pe emi banati ho otherwise it is 13-14%. Credit Card is great tool if used correctly. Ispe bhi ek video banaiye, unbiased.
U dont necessarily get lower price of the same product in the offline maket. Its not true at all. I bought a laptop for Rs.26990 online with no cost EMI whereas in offline market it was for Rs.29000 after all negotiations.
one more thing to be added over here is the GST calc.. EMI amount is (Principal +Interest) and bank applies 18 % GST on interest. most of the times retailer or aggregator is not calculating this amount and its loss to consumer in case of EMI
Good knowledge, but i didn't find any suspicious thing in NO COST EMI. Its over all business strategy to reach more people and make more profit. Now a days, its more convenient for people to buy things online on EMI rather than go for searching it.
Ismein ek baat aur bhi to hai... Main seedha leta to 20,000 ka phone le leta, lekin agar 1600 ya 1800 hi per month dene hain wo bhi bina byaj ke to koi aur badhiya phone le lunga na jo 2500 ya 2800 tak no cost emi par mil rha ho. Kyunki main 2500 ko 20000 se compare karunga aur wo bahot kam lagega. Jabki actually mujhe 30000 ke phone ki na to zarurat thi aur na hi meri pocket allow kar rahi thi.
आप ने दिखाया की 20k का फोन offline store मे 19k मे मिला, जो की गालत assumtion हैं। offline store ऑनलाईन से कम छोडिये, ऑनलाईन की price तक match नाही करते
Offline me online se sastha aise kabhi kabar hi dekhne ko milta hai. Offiline me Manufacturer - Wholesaler - Retailer - Consumer Online Manufacturer or Wholesaler is hisab se price thaey hoti hai.
The biggest point that you have missed is of upfront processing charges + GST (i.e. around 99/199+18% GST) and another important thing is 18% GST on interest. Please give a heed to this.
Very nicely explained. Its really bad the way bank agents get away by hiding facts, sometimes lying to customers while selling their products just for their commissions.
Actually I was looking for demerit of No Cost EMI, which was the motive of thumbnail. But nothing found like that. If you could have just told us about the GST charges on top of EMI then it would have been clear that how they are cheating on the name of No Cost EMI
My thoughts exactly. You still have to pay the taxes on interest even in case of no cost EMI. This should also be taken into consideration while making purchase.
On no cost EMI one pays additional GST on the Interest charged by the bank/credit card. Generally all credit cards charge a interest say of 12%p.a. and then reverse the interest but then the GST is not reversed
Do they reverse the interest? Because I just purchased a product on NO COST EMI but got an email that the amount of so and so has been converted into 9 EMIs at 14% reducing rate and processing fee. But it was no cost EMI till 9 months. Then why this interest?
Sir, your example is awesome. I have personally seen this. My friend bought a mobile phone on EMI and also added extra 32GB memory, extra headphone, screen guard, flip-cover etc.
Sir, ek aur nuksan ah psycological point of view of customer ko lekar, ki habbit banega ki ek bar paisa nahi hote hue bhi apni limt se jyada kharch kar raha ha to wo bar bar karega or ,monthly salary se per month paise katega. lIke buying phone every year
Another thing which you failed to mention and i want to add: No cost Emi is a good option from consumer perspective but, suppose you have a 6 monthly plan....then for every monthly emi payment GST is charged and that is the extra cost to consumers....but you do get the extra time and that's always a plus point of No cost Emi!👍🏻 But remember, GST will be extra on the no cost Emi sum for every month.... NOTHING IS FREE!
so good dear...i have become your big fan...keep spreading such education...God Bless You forever...the goodwill u get and the blessings, far overpower the money you make in Ads from RUclips
Sir , agar credit card ki limit 20000 hai or use koi mobail 19000 ka purchase karna hai or emi & mobail rate same h to credit card ki limit 50 day ki hoti hai khi agar 6 month ki karna ho to kitna interest lagega
Which is better, No cost EMI or Bajaj Finserv se direct line lekar saman kharid na? I want to buy a laptop, then Will I go no cost EMI Or Bajaj Finserv se lone lekar laptop kharid karunga? Plz advice.
Hi Mukul, First of all, You are doing great job. I have seen almost all of your videos. Secondly, you forgot to include 18% GST in NoCost EMI calculation. Though interest is paid by seller but GST on interest has to paid by buyer only.
You video tagline is misleading, you covered everything we knew and not the facts we did not know, example the GST of emi's was not not covered which adds up to the cost.
@Asset Yogi aap ne main baat toh batai hi nahi ki no cost emi banne ke baad jb statement me breakup aata hai emi ka wo kitna aur kis hisab se rehta hai. Aap idhar udhar ki baat kr rahe ho ki processor dekh lo model dekh lo, ye sb toh customer already dekh chuka hota hai jb wo phone select krta hai. NO COST EMI ME ULTIMATELY PRODUCT LUMPSUM AMOUNT SE XYADA HI KA PADTA HAI. PERSONAL EXPERIENCE.
Thank you for informative video. Here, Banks, Manufacturer and Credit Card user all 3 parties benefit. The real loser is the normal non-credit card cash paying users who gets to buy the phone at 19K (1k discount) instead of a much lower price of say 17K or 18K.
Regarding repayment of no cost debit card EMI... Is it auto debit from my account by default or should we contact the bank and give standing instructions for auto debit for repayment of no cost EMI? Thank you
Boss I am working in mobile industry. Aap 0% interest pe Koi bhi product online ya offline Dono jagah se Le sakte Ho.... Aur jo bhi interest lagta hai Wo manufacturing company pay karti isme online amazon ya offline dealers ka Koi bhi roll nahi hota. Har company ka bank se tie up hota hai Aur Ye sirf limited banks ke sath hota
Hi Sir, Mera sawal hai ki maine Ek baar hdfc card se Emi par phone Magaya Tha Aur Abhi No cost emi Par mujhe Wo hi Credit card se Phone Purchase karna hai to mujhe no cost milega ? Plz reply.
You missed to mention that the bank charges GST/IGST @ 18% along with some financial charges. I bought something on Amazon using my AMex card on EMI and now I’m paying more than Rs250 extra every month , in addition to the EMI amount. I was expecting something on these charges in your video.
exactly Gautam, banks hmara bevkoof bnata h ....jo discount hme wo initially deta h wahi amount hmse GST/IGST lga k vasool krleta h .....koi fayda nahi hota No cost EMI pe lene ka
Thank you so much sir I was doing a mistake of buying oppo f15 but now I understood buying that phone will be a loss becoz of its processor thnx sir 🙏🙏
Plz do share that how purchasing on emi benefit our economy as well... So that youth can learn .... Bcz more the money circulates, more it will multiply... Ultimately enhancing the purchasing power of people
Sir kya EMI se Mobile Buy karne ke liye Bank me Utna pesa hona chaiye ya nahi ???? means, Iff I have only 20,000 Rs in CreditCard then I have to recharge My card upto 37,000 to buy 37,000 Rs mobile ... Then how this is EMI and How this work ............ I Have no money at a time... but I want to buy this,.... I can pay them 37000 in Installment ?????? What is mith and What is Reality ???
No, you can not buy. The total cost of the product will be used to block the amount in your credit card but in your case it is insufficient hence you won't be able to make the transaction.
@@snehijob What is the Credit Limit of your Card? 1. If your Card's limit is more than 37k and there is pending due, clear those first so that available balance is more than 37. 2. If credit limit is less than 37k then get this increased by calling bank.
Hi, I really liked your video. Few take away from your video for me are 1. Check if a new product is going to launch, 2. Check for No Cost EMI terms and conditions. One suggestion for your next video could be - These days companies(like Amazon) are providing No Cost EMI where they will give an initial discount equal to 6 months EMI Interest cost and then you will be charged EMI Interest from your bank. Is there anything we need to be cautious about these kind of schemes?
Kul baat ki ek baat....search a store who can give cheapest deal among all formats....buy upfront by taking OD against your salary....and close it as soon as possible.
Sir, you explained very well in this video. I appreciate your teaching skills sir, and I believe no cost EMI is the best option to buy any product unless or until you control your desires to buy other unnecessary products.
I have a bajaj emi card. Till now happy with it. I buy all my clothing and footwear on it. As far as electronics are concerned, buying a phone or an electronic on emi card is not recommended. The prices are exaggerated from the rest of the market. However I bought my outfits from central gurgaon and there was no scope of difference in the prices. That I felt was an absolute interest free.
Bajaj finserv charges processing fees most of the times. Card making fees is fine, but they will charge you 610 rupees for it without telling you that they're giving you the main card (which is around 400 or 500) and charging you extra for the add-on card. They don't tell you about the add-on card. Because most of the people don't want it.
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You missed mentioning GST charged by the bank on the interest, that will increase the total amount you actually pay against Product.
Right......Gst ka isko pta bhi nhi h....baki chij to sbko pta hai
Its Me The emi paid by you i.e Rs 3667 consists of both principle and interest amount. The bank charges you gst @18% on the interest amount which is included in the emi. The gst amount reduces every month because interest amount is calculated on reducing balance which keeps decreasing every time you make one payment.
Its Me To answer your question, yes you will have to pay a bit more than Rs 3667.
@Its Me I had purchased a laptop of 33240 and choose to pay by no cost emi. So I had to pay 5540 for 6 months. But when bank sent me the 1st bill off that emi, it was 5540 +67.
So basically you have to pay a little bit more than the mentioned amount of emi.
Hope I could make you understand what I mean.
@@amritanand6406 I have same experience with Hdfc bank during buying a freeze
आप के समझाने का तरीका बहुत ही अच्छा हे. चीज़े आसानी से समझ सकते हैं और याद रखना भी आसान हो जाता हे. खुदा आप को खुश रखे आबाद रखे.
Dhanywaad Junaid :)
No cost emi actually includes
1. loan int amortization charges
2. gst 18% on loan amortization charges
thanku yogi ji...3 videos dekhi back to back...saare doubts clear....or aapko kbhi b kahne ki zrurt nhi h ki...subscribe and like k lie....itna ache se smjhaate and video bnaate ho har koi...khud se kr dega.
Thanks for appreciation :)
Sir apne bahut ache se samjhaya aise koi nhi samjhata mujhe apki video bahut achi lgi or jaankari bhi thankuu soo much sir🙂
Thanks for appreciation
Bahut sahi sir. "No cost EMI" is a very good topic that you choose because most of people are confused about it. But apne ise achhe se samjhaya iske liye bahut bahut dhanyavad.,🙏
मुकुल जी , आपका समझाने का तरीका बेहतरीन है।
Wish you good luck.
Bahut bahut dhanyawaad apka 😊
@@AssetYogi saare comment padha karo sirf iss type ka nahi
@@exploreuniverse2749 padhte to Sare hai, par reply sirf aise comments ko karte hai 🤣
@@kamleshbera87 hmmm
You missed out on the part of GST applivable on the interest waived by the bank. Though mininscule but worth mentioning in the detail. Great video..!!
You have put really great efforts!!
Sabse important baat aapko batana chahiye tha ki EMI = Principal + Interest + 18% GST on Interest. Aapne sirf Principal + Interest ki baat ki. Customer always ends up paying GST extra and that's the loss.
Dost kaunsa credit card 36% aur 18% interest charge karta hai aur kab? 36-42% tab charge hota hai jab koi statement billed amount partially ya zero ya minimum due pay karta ho, wo bhi bache amount pe lagta hai aur next bill me add hoke aata hai. Koi rare bank hogi jo 18% rate pe emi banati ho otherwise it is 13-14%. Credit Card is great tool if used correctly. Ispe bhi ek video banaiye, unbiased.
U r ryt bro that no bank charges 18% Or near to it. In fact sbi charge for 2 yr is 14% interest max. On principal.
😂😂😂😂
Bhai aapne mere 3600₹ bajaa liye..thanks
Ama**n and SB* No cost EMI ke bahane, 14% to 24% extra charge kar rahe hain in 12 months..
Glad to see that you have acted on my request and made this informative video on no cost emi
Thanks INDERR
When we are giving no cost Emi at retail counters
There's no gst on emi
Everything is included.
I am a camera dealer from Maharashtra
U dont necessarily get lower price of the same product in the offline maket. Its not true at all.
I bought a laptop for Rs.26990 online with no cost EMI whereas in offline market it was for Rs.29000 after all negotiations.
This Asset Yogi doesn't even have his own facts straight.
Good
That's 100 % True...
बहुत बहुत धन्यवाद सर् आपके द्वारा हमे नो कॉस्ट EMI का पूरा जनाकारी मिला
Achcha laga sun ke Lakesh :)
आज पता लगा मुझे , बोहोत सही से बताया आपने सर जयहिंद जय महारा्ट्र
Dhanyawaad
one more thing to be added over here is the GST calc.. EMI amount is (Principal +Interest) and bank applies 18 % GST on interest. most of the times retailer or aggregator is not calculating this amount and its loss to consumer in case of EMI
No cost emi pe interest ka upfront discount milta hi hai...iske alawa bank discount bhi milta hai generallt during sales..
Amazon pe emi options clearly mentioned Kiya...but thanks 😊 for the information
sir showroom and bank ki income kese hoti he voto pata chal gaya...
or rahi GST ki bat
to vo me apne aap samaj gaya
thank's sir.......
Good knowledge, but i didn't find any suspicious thing in NO COST EMI. Its over all business strategy to reach more people and make more profit. Now a days, its more convenient for people to buy things online on EMI rather than go for searching it.
Ismein ek baat aur bhi to hai... Main seedha leta to 20,000 ka phone le leta, lekin agar 1600 ya 1800 hi per month dene hain wo bhi bina byaj ke to koi aur badhiya phone le lunga na jo 2500 ya 2800 tak no cost emi par mil rha ho. Kyunki main 2500 ko 20000 se compare karunga aur wo bahot kam lagega. Jabki actually mujhe 30000 ke phone ki na to zarurat thi aur na hi meri pocket allow kar rahi thi.
Thank you for sharing your thoughts with the community Sagar 😊
Mr Yogi... You have a very deep understanding of whatever videos you share!
EXCELLENT!! Keep up the good work!
Thanks Rakesh :)
आप ने दिखाया की 20k का फोन offline store मे 19k मे मिला, जो की गालत assumtion हैं। offline store ऑनलाईन से कम छोडिये, ऑनलाईन की price तक match नाही करते
Yes bro , you are right
bilkul shi kha...
Nahi app galat Bata raha hain offline sasta mistake hain bus apko 3 -4 shops pe Pata karna hota hain aur bargaining Karni Ani chaiye
Offline mai sasta milta hai bus apko product ke bare mai pata hona chaiye or market mai ek hi stor nhi hota dusre mai bhi pata Krna chaiye
Offline me online se sastha aise kabhi kabar hi dekhne ko milta hai.
Offiline me Manufacturer - Wholesaler - Retailer - Consumer
Online Manufacturer or Wholesaler is hisab se price thaey hoti hai.
Thanks a lot sir apne sari problems ko door kr diya ayese hi vdo bana ke humko information dete jayen..once again thank a lot sir🙏🙏
Thanks for appreciation 😊
Bohot acche se samaj gaye ji 👍
Dhanyawad 😊
The biggest point that you have missed is of upfront processing charges + GST (i.e. around 99/199+18% GST) and another important thing is 18% GST on interest. Please give a heed to this.
do we have to pay this charge every month?
GST on interest needs to be paid every month.
@@binu1994 what about processing fee?
one time@@thecybersahil
@@binu1994 but we will be paying gst every month ?
Best explanation,all confusions cleared related EMI..
Final destination to solve problems... your videos.... thanks
Most welcome 😊
Very nicely explained. Its really bad the way bank agents get away by hiding facts, sometimes lying to customers while selling their products just for their commissions.
Keep supporting Ryan :)
Extremely insightful video , thanks for this sir !!!!!
Keep learning Kunal :)
Actually I was looking for demerit of No Cost EMI, which was the motive of thumbnail.
But nothing found like that.
If you could have just told us about the GST charges on top of EMI then it would have been clear that how they are cheating on the name of No Cost EMI
Correct. Bank charges GST even on no cost EMI
Read economic times(ET) article that was better one
Same here, he is misleading by the thumbnail and title.
My thoughts exactly. You still have to pay the taxes on interest even in case of no cost EMI. This should also be taken into consideration while making purchase.
Correct. Fake video..
Sir,you nailed it with all knowledge in just 12 min video.....Dhanyawaad
Keep learning
@@AssetYogi Definitely I will👍
Thnx sir ji
Concept or aapke btane ka trika dono hi bohot ache the
On no cost EMI one pays additional GST on the Interest charged by the bank/credit card. Generally all credit cards charge a interest say of 12%p.a. and then reverse the interest but then the GST is not reversed
Do they reverse the interest? Because I just purchased a product on NO COST EMI but got an email that the amount of so and so has been converted into 9 EMIs at 14% reducing rate and processing fee. But it was no cost EMI till 9 months. Then why this interest?
Sir, your example is awesome. I have personally seen this.
My friend bought a mobile phone on EMI and also added extra 32GB memory, extra headphone, screen guard, flip-cover etc.
Thank you 😊
Very well explained, thank you
You are welcome!
बहुत ही अच्छा समझाए है सर। थैंक्यू
Hope it's helpful 😊
Sir, ek aur nuksan ah psycological point of view of customer ko lekar, ki habbit banega ki ek bar paisa nahi hote hue bhi apni limt se jyada kharch kar raha ha to wo bar bar karega or ,monthly salary se per month paise katega. lIke buying phone every year
Nicely explained! I've been following all your videos. You are doing a great job Sir.
Thank you for your kind words and support.
Well explained,only one thing that in most of cases offline costs tends to be more than competitive online cost
Another thing which you failed to mention and i want to add: No cost Emi is a good option from consumer perspective but, suppose you have a 6 monthly plan....then for every monthly emi payment GST is charged and that is the extra cost to consumers....but you do get the extra time and that's always a plus point of No cost Emi!👍🏻
But remember, GST will be extra on the no cost Emi sum for every month.... NOTHING IS FREE!
Gawar English jagah Hindi m to likh leta kya likha h tujhe b samjh aara hai?
Bhai no cost emi p 20k p 400/500₹ minimum GST v pay krna pdta h. GST charge variable h hr product p aur hr bank ka
You provided us Very useful information
Thanks a lot
Sir wonderful explanation..
Thanks for this useful video..
Thank you for appreciation Sambit, hope it helps 😊
so good dear...i have become your big fan...keep spreading such education...God Bless You forever...the goodwill u get and the blessings, far overpower the money you make in Ads from RUclips
THANK YOU SO MUCH SIR ❤️ VERY HELPFUL VIDEO EVER ❤️👍😉
Keep learning Alok :)
Sir , agar credit card ki limit 20000 hai or use koi mobail 19000 ka purchase karna hai or emi & mobail rate same h to credit card ki limit 50 day ki hoti hai khi agar 6 month ki karna ho to kitna interest lagega
मैं आपका नया सब्सक्राइबर हूं आपके द्वारा बताई गई जानकारी बहुत अच्छी लगी।
Welcome to my channel, Keep supporting.
@@AssetYogi ok sir
But कभी भी कोई गलत जानकारी अपलोड मत करिएगा
Very nice video. Please make video on sbi cards brother.
Processing fee and GST will be extra.
Some credit cards charge 12% to 15 %
Visa Master se ko bhi fayda hota hai per transaction.
Which is better, No cost EMI or Bajaj Finserv se direct line lekar
saman kharid na? I want to buy a laptop, then Will I go no cost EMI
Or Bajaj Finserv se lone lekar laptop kharid karunga? Plz advice.
Thank you so much Samjhane ke liye RUclips mein acche videos dalte Chahiye ya no cost EMI thank you
Nice video sir meri EMI ke bare jitne bhi concept the apane sab clear kar diye. Thanku so much.
Hi Mukul,
First of all, You are doing great job.
I have seen almost all of your videos.
Secondly, you forgot to include 18% GST in NoCost EMI calculation. Though interest is paid by seller but GST on interest has to paid by buyer only.
Thank u sir u shaired very nice information
Hope it helps :)
Bank is charging GST on the interest part of EMI so it's not No cost EMI (some cost associated)
Kya baat hai sir bahut hi ache treeke se smjaya aapne sir
Ek teacher ki trha
Dhanywaad :)
Welcome g
Bhott acha samjhaya hai sir,thank you
Keep learning Kunal :)
You missed to mention GST on installment....approx 18 %.....how no cost EMI ???
You video tagline is misleading, you covered everything we knew and not the facts we did not know, example the GST of emi's was not not covered which adds up to the cost.
Sir u missed to mention GST on instalment @18%
Agree
Agree brother plus I GST changes every month
intrest nai lagega if no cost emi ho to...18%gst emi ke intrest pe lagta hai
Isne nahi padhi Economic times ki Article padh lo tumhe padhni hai to
@@virajadhvaryu7213 you are absolutely right...
@Asset Yogi aap ne main baat toh batai hi nahi ki no cost emi banne ke baad jb statement me breakup aata hai emi ka wo kitna aur kis hisab se rehta hai. Aap idhar udhar ki baat kr rahe ho ki processor dekh lo model dekh lo, ye sb toh customer already dekh chuka hota hai jb wo phone select krta hai. NO COST EMI ME ULTIMATELY PRODUCT LUMPSUM AMOUNT SE XYADA HI KA PADTA HAI. PERSONAL EXPERIENCE.
Thank you for informative video. Here, Banks, Manufacturer and Credit Card user all 3 parties benefit. The real loser is the normal non-credit card cash paying users who gets to buy the phone at 19K (1k discount) instead of a much lower price of say 17K or 18K.
Regarding repayment of no cost debit card EMI... Is it auto debit from my account by default or should we contact the bank and give standing instructions for auto debit for repayment of no cost EMI? Thank you
I saved 20000/- without purchasing, I have mobile
Perfect
Leliyaa Bhai tune to good job
Me Ek mobile laya.. 14500 ka 17400 ho gya no cost emi.. Bajaj Fiencace
chootiya kaata
Video mein bahut acchi tarah se explain Kiya hai ❤️
Thanks Kunga 😊
@@AssetYogi 🙏🙏🙏🤗🤗🤗🤗🤗
Sir amezon pr jo emi select krte h kya usse jyada Paisa chukana padta h
Hi, Your video is informative but mises the points you had mentioned at the beginning of the video. Please complete the video soon. Thank You.
Thanks for your valuable information...
Hope it helps Ankur 😊
Go for Bajaj Finserv... it's really 0% intrest EMI... I'm using it for past 3 years to buy electronics worth lacs
Aap kaise istemal karte hain Bajaj F App😯
Sahi bat he
Pratik Gupta
File charge hi interest hai
Me also
Bhai aap ka link send krdo
Boss I am working in mobile industry. Aap 0% interest pe Koi bhi product online ya offline Dono jagah se Le sakte Ho.... Aur jo bhi interest lagta hai Wo manufacturing company pay karti isme online amazon ya offline dealers ka Koi bhi roll nahi hota. Har company ka bank se tie up hota hai Aur Ye sirf limited banks ke sath hota
Ek baat Aur 0% interest pe company Apni sale Aur revenue increase karne ke liye deti hai....
Agar apko bola jaye 50000 ka phone cash lene ke liye to app 10 baar sochoge. Yahi phone 2000 ki monthly emi par mile to foran Le loge
Hi Sir,
Mera sawal hai ki maine Ek baar hdfc card se Emi par phone Magaya Tha Aur Abhi No cost emi Par mujhe Wo hi Credit card se Phone Purchase karna hai to mujhe no cost milega ?
Plz reply.
I want to know about future pay ...big bazaar
No cost emi jesa kuch ni hota intrust plus gst extra lagta hai wo cradit card ke bill me judke ata hai
true
You missed to mention that the bank charges GST/IGST @ 18% along with some financial charges.
I bought something on Amazon using my AMex card on EMI and now I’m paying more than Rs250 extra every month , in addition to the EMI amount. I was expecting something on these charges in your video.
exactly Gautam, banks hmara bevkoof bnata h ....jo discount hme wo initially deta h wahi amount hmse GST/IGST lga k vasool krleta h .....koi fayda nahi hota No cost EMI pe lene ka
You are rjght
Thank you so much sir I was doing a mistake of buying oppo f15 but now I understood buying that phone will be a loss becoz of its processor thnx sir 🙏🙏
Plz do share that how purchasing on emi benefit our economy as well... So that youth can learn .... Bcz more the money circulates, more it will multiply... Ultimately enhancing the purchasing power of people
kisi ka munafa ho to kya nuksan....hume consumer, ko to nuksa n nhi ...
Sir mene no cost emi pr ek mobile mangaya...he flipkart se magar bank mujhse 13% intrest mang rha he what should i do sir?
No cost emi par?
No cost emi par?
Rarely it happens that product gets cheaper on shop than online site......
sir aap jese likh kr samjhate ho shayd apke jesa koi esa chanal nhi jo apke jesa samjhata ho nice sir
bahut hi kamaal ki aur useful video hai. thank you sir
Thank you Shiv
@@AssetYogi kya bajaj card mei annual fee bhi hai?
Sir kya EMI se Mobile Buy karne ke liye Bank me Utna pesa hona chaiye ya nahi ???? means, Iff I have only 20,000 Rs in CreditCard then I have to recharge My card upto 37,000 to buy 37,000 Rs mobile ... Then how this is EMI and How this work ............ I Have no money at a time... but I want to buy this,.... I can pay them 37000 in Installment ??????
What is mith and What is Reality ???
No, you can not buy. The total cost of the product will be used to block the amount in your credit card but in your case it is insufficient hence you won't be able to make the transaction.
@@djdhade can i recharge craditcard then buy??
@@snehijob What is the Credit Limit of your Card?
1. If your Card's limit is more than 37k and there is pending due, clear those first so that available balance is more than 37.
2. If credit limit is less than 37k then get this increased by calling bank.
Hi, I really liked your video. Few take away from your video for me are 1. Check if a new product is going to launch, 2. Check for No Cost EMI terms and conditions. One suggestion for your next video could be - These days companies(like Amazon) are providing No Cost EMI where they will give an initial discount equal to 6 months EMI Interest cost and then you will be charged EMI Interest from your bank. Is there anything we need to be cautious about these kind of schemes?
Thanku bro..!! आपके वीडियो कंसेप्ट से भरे होते हैं..!! शायद ऐसा हो, कि मैं डायरेक्ट चार्टर्ड अकाउंटेंट को हायर करके इंफॉर्मेशन रहा हूं।
Kul baat ki ek baat....search a store who can give cheapest deal among all formats....buy upfront by taking OD against your salary....and close it as soon as possible.
Bohot achcchi information hai sir...
Aapko saari videos bohot badiya Hoti H.
Thank you for appreciation. Abbass
Most of products in offline are cheaper than online platform....
I have a experience
Actually there is a 18%GST on interest rate of No cost EMIs 😀 that charages per month on that interest
Hmne no emi online shopping ki h lekin jb hmne customer care credit card se bat ki to usne bataya credit card se koi b no EMI shopping nhi hoti b
Me to zest money se gold leta hu bcz ki no file charge no intrest but tenure bhot kam hota hai max 6 month mostly 3 month hi hota hai
Pricing wale me bhi emi hi faydemand hai kuki bina emi wale ko bhi 20000 me mobile padta. To emi wale ko 2000 fayda hoga
Didn't highlight how the bank's are cheating in the name of no cost emi ??? This is what you started explaining??
Sir, you explained very well in this video. I appreciate your teaching skills sir, and I believe no cost EMI is the best option to buy any product unless or until you control your desires to buy other unnecessary products.
Hey, thank you for the video. Only 1 question is there a processing charge for no cost EMI.
No there is no processing charge...
I have a bajaj emi card. Till now happy with it. I buy all my clothing and footwear on it. As far as electronics are concerned, buying a phone or an electronic on emi card is not recommended. The prices are exaggerated from the rest of the market.
However I bought my outfits from central gurgaon and there was no scope of difference in the prices.
That I felt was an absolute interest free.
Bajaj finserv charges processing fees most of the times. Card making fees is fine, but they will charge you 610 rupees for it without telling you that they're giving you the main card (which is around 400 or 500) and charging you extra for the add-on card. They don't tell you about the add-on card. Because most of the people don't want it.
Sir emi claculate krke utna hi amount bnna chahiye na tbhi to no cost emi hogi na ??? Ye btana sir agar hum no cost emi krte hh too