EMI allows you to pay for a new phone in monthly installments instead of upfront.
This option is tempting, but mistakes can be costly.
Choose between standard EMI and no-cost EMI. No-cost EMI means no extra charges beyond the phone's price.
Look for the best deal, paying attention to all expenses rather than just interest and fees.
Stick to your budget. Due to low EMI payments, people frequently purchase pricey phones.
Your EMI costs will increase if you exceed your budget. Decide on a spending limit and follow it.
Read the loan documents thoroughly before signing.
Avoid long tenures for lower EMIs, as this increases interest. Shorter EMIs are better.