• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Understanding Credit Card EMIs

knightknight

TF Buzz
VIP Lounge
Hi,

I am struggling to understand how much total I will pay if I buy a product on EMI vs without EMI.

For example:

For the following product, HDFC EMI has 7000 off. So my cart value become 30999.

Screenshot 2025-07-16 at 6.31.31 PM.webp

Now on the payments page. I am seeing this:
Screenshot 2025-07-16 at 6.38.36 PM.webp

Other than the processing fee (299), will I be charged something else too? (I think I will be charged a total of 1400 interest? Anything else other than that)
So will the total amount be 31068 + 299 + 1400? Am I correct?

Also, I have heard about cancelling the EMI and saving on the interest. Is that possible in this case? So, will I save 1400 if I cancel the EMI?
 
Back
Top