Flipkart introduces online ‘No Cost EMI’ option

E-commerce giant Flipkart has introduced ‘No Cost EMI’ option to make online shopping affordable for high-end purchases through an attractive financing option of equated monthly installments (EMI) where customers will not bear additional cost. This step has been taken in association with Bajaj FinservFlipkart’s ‘No Cost EMI’ entails zero processing fee, zero down payment and zero interest for customers.

This makes it a unique scheme, unlike offline offerings, where customers need to make a down payment and pay a processing fee to avail interest-free schemes. In another recent development, Flipkart’s logistics arm, EKart entered the C2C (consumer-to-consumer) courier service segment via EKart Courier. Leveraging the existing network of EKart, delivery executives will pick up packages from the customer’s doorstep once the courier order is placed online, and deliver them across India, along with providing packaging services.


So let’s discuss some questions related to this post :
1. Name the company which has introduced ‘No Cost EMI’ option to make online shopping affordable for high end purchases ?
2. The ‘No Cost EMI’ option of Flipkart has been taken in association with which company ?



Courtesy : Economic Times

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