Pay-in-3/6, the honest way
BNPL & “No-cost EMI” — see the true cost before you click.
Calculate **effective APR** including processing fees, monthly charges, and any foregone cash discount.
BNPL basics
- “No-cost EMI” usually = **0% interest** + processing fee and/or **foregone cash discount**.
- Missed/late payments trigger **late charges**; repeated misses hurt your credit.
- Prefer **short tenures** (3–6 mo). If you need longer, compare a personal loan instead.
BNPL True-Cost Calculator
Tip: If the merchant would give 5% off for upfront payment, set “Foregone discount” to 5—even on “0% EMI”.
Compare BNPL / EMI Options
Offers (effective APR includes fees)
| Option | APR (nominal) | Fees | Monthly fee | Late charges | Est. EMI | Effective APR* | |
|---|---|---|---|---|---|---|---|
| No-cost EMI (Card) Merchant-subsidised; check if cash discount exists |
0.00% | 1.5% + ₹0 | ₹ 0/mo | ₹300–1,000 / bounce | — | — | Apply |
| Standard Card EMI On eligible credit cards; interest-bearing |
14.00% | 0% + ₹199 | ₹ 0/mo | Issuer schedule | — | — | Apply |
| Debit Card EMI Pre-approved debit EMI with select banks |
16.00% | 0% + ₹199 | ₹ 0/mo | Issuer schedule | — | — | Apply |
| UPI Credit (Bank) Credit line via UPI with approved banks |
18.00% | 0% + ₹0 | ₹ 0/mo | Bank/NBFC schedule | — | — | Apply |
| BNPL App (NBFC) App-based checkout; KYC required |
24.00% | 1% + ₹0 | ₹ 99/mo | Slab-wise (varies) | — | — | Apply |
| E-commerce BNPL Integrated at checkout; promos vary |
20.00% | 0.5% + ₹0 | ₹ 0/mo | Platform partner T&Cs | — | — | Apply |
* Effective APR computed for your amount/tenure, including fees and (for “no-cost EMI”) your foregone cash discount set in the calculator.
Promos & Offers
Not sure? Get a quick check.
Avoid surprises
- Watch for **processing fees** and **monthly charges**—that’s the real cost on 0% EMI.
- Turn off autopay only if funds are ready; bouncing payments hurts credit.
- Prefer **3–6 months**; beyond that, a loan may be cheaper.
FAQs
Is “0% EMI” truly free?
Usually not. You may pay a processing/conv. fee and lose a cash discount. Our calculator converts that to APR.
Will BNPL affect my credit score?
Missed payments are typically reported. Treat BNPL like any other credit line.
Card EMI vs BNPL app?
Card EMI often has clearer APRs; BNPL apps can charge monthly fees/late slabs. Compare effective APR.
