Skip to main content

Terms and Conditions of Credit Card No Cost EMI
The following terms and conditions apply to no cost equated monthly installment ("EMI") transactions made using a credit card issued by any bank and using EMI facility as a payment option ("No Cost EMI")
  • The No Cost EMI facility is being offered to the customers who make a purchase transaction on www.reliancedigital.in or the mobile site thereof (collectively, "Reliancedigital.in") using a credit card issued by any bank using EMI facility; if available on Reliancedigital.in
  • The No Cost EMI facility is made available on select products, as determined from time to time.
  • The banks issuing the credit cards reserve the right to charge Goods and Services Tax (GST) or other applicable taxes on the purchase transactions undertaken on EMI which will be over and above the product price.
  • The No Cost EMI payment option can only be availed using the credit card of any bank on Reliancedigital.in and is not available on purchases made using any other payment method including debit cards or net banking or pay on delivery payment methods.
  • Using the No Cost EMI payement options, he customers who undertake the purchase transactions on Reliancedigital.in, will only pay amounts as follows.
  • Some banks may charge additional fees for EMI conversion , please check with issuing bank for any additional charges or GST on the charges. This is not covered under the No Cost EMI scheme.

The total of the “principal amount and interest amount” paid during the EMI tenure minus instant discount or deferred cashback received equals the total amount mentioned on the invoice (at the time of making the purchase transactions).

 

Reliancedigital.in will provide amounts equivalent to the EMI interest as an instant discount or deferred cashback to undertake the purchase transactions on EMI.

 

  • Customers may avail the No Cost EMI facility, provided that: 
  • The EMI facility is made available to the customers by and in the sole discretion of the banks issuing the credit cards. Reliance Retail Limited will not be liable for any claims on account of availability or non-availability of EMI facility.
  • Reliance reserves the right to change the banks offering the No Cost EMI or stop No Cost EMI payment option at any time without prior notice and without any liability
  • All Disputes subject to Mumbai Jurisdiction