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Amazon India has introduced a new EMI option that will be exclusively available to its Prime members. The e-commerce platform claims that the new ‘Advantage No Cost EMI’ allows Prime members to avail up to 50% lower monthly instalments with a minimum three-month enhanced tenure on No cost EMI using HDFC Bank Credit and Debit Card EMI. Other users interested in the offer will have to purchase Prime membership priced at ₹129 per month or ₹999 for a year.
For instance, any smartphone that is selling at ₹30,000 will be available to a regular customer with 6 No-Cost EMIs, resulting in an instalment of ₹5,000. Prime members, on the other hand, can use Advantage No-Cost to get 12 instalments. This results in a No-Cost EMI of ₹2,500.
According to a statement released by the company, currently, Advantage No Cost EMI is available on select smartphones by Apple, Samsung and OPPO.
Here are the smartphones available with Advantage No-Cost EMI
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- iPhone 12 mini starts at ₹7,433 per month (all prices include benefits of Advantage No-Cost EMI)
- Samsung Galaxy M21 starting ₹1,555 per month
- Samsung Galaxy M31s now starting ₹2,167 per month
- Samsung Galaxy M51 now starting ₹2,555 per month
- OPPO A15 now starting ₹1,110 per month
- OPPO A1K now starting ₹1,332 per month
- OPPO F17 now starting ₹1,416 per month
- OPPO F17 Pro now starting ₹1,916 per month
- OPPO Find X2 now starting ₹3,611 per month
The company recently concluded the first major sale of the year. During the Republic Day sale over 10K Small and Medium Business owners registered their highest-ever single-day sales, according to the company. The sale was conducted from 20 January (19th January for Prime members) to 23 January.
