Monday, 11 April 2016

Zero-interest EMIs on portals like Flipkart, Amazon, Snapdeal & others may make NBFCs heroes

Zero-interest EMIs on portals like Flipkart, Amazon, Snapdeal & others may make NBFCs heroes

KOLKATA: Online shopaholics will soon have one more reason to avoid the crowd.

Non-bank finance companies are working on interest-free installment plans for online purchasers. The EMI option is likely to be offered in the next six months, said industry executives with knowledge of the matter.

This option is now available only for buying from large brick-and mortar stores.


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