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How does this EMI discount works on Amex cards at Tata clix luxury

Hi Everyone,

I am trying to purchase this product at TataCliq luxury website and following is coupon available.


TCLAMEXEMI

You will save ₹5000
15% Discount on Min Purchase Rs.20,000 American Express Credit Cards EMI

i want to know if i avail this, will i have to pay some interest charges to Amex? I have the funds to repay the amount very moment to Amex, but would like to know how this EMI thing works, i don't see anywhere written it is no cost EMI, so not sure how to proceed.

My target is to use this coupon and avail 5k discount, and at max pay foreclosure charges to Amex, but not sure the process.

Can someone please help me with best possible strategy for this purchase? Thanks!
 
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