What Is Cardless Emi And Why Is It Important?

What Is Cardless Emi And Why Is It Important? post thumbnail image

EMI is an easy way to pay for your purchase. You can choose easy payment terms and time for your purchase, enjoy the convenience of no-cost EMI, get that dream appliance now and pay later – with Cardless EMI or with our flexible EMI plan. Either way, you can ensure that your purchase is hassle free with us!

If you want to know what is cardless emi, here is your answer Cardless EMI is a payment option offered by some banks. The customer gets the product delivered prior to paying for it, and then pays for it via EMI over a period of time with interest included.

We can get our desired product with the help of cardless emi and we don’t have to worry about the budget. It makes us happy to buy products through this medium as it helps us in fulfilling our needs without any hassles. A lot of doubts do come into our mind while buying costly products but with EMI everything is cleared up.

  1. Cardless emi is the best available option for you. It gives you the best possible profit or results in comparison with the money that is spent, in common language it produces good results without costing a lot of money. Cardless EMI is the same as paying through cheque, but it is more convenient because you do not have use your credit or debit card. It is a system that allows you to pay for your purchase over time.
  2. It gives you freedom to buy any product immediately. If you want to take a product in an emergency, then you don’t have to think much about it, or break your savings. You can buy any product by paying money according to your affordability.
  3. The EMI option is helpful for people who want to buy expensive things at a low price. With this, you can do little bit of planning and purchase what you want easily. EMI allows you to plan your payments in advance. From making plans, you can easily buy any expensive thing immediately.
  4. In case you don’t have some savings and still have to buy a product. You can take advantage of this offers and purchase the product without putting any money. If a customer buys a business item from EMI, then the product itself pays its monthly installments.
  5. The card-less EMI option lets you buy products without a credit or debit card. Use your savings account to shop and get your payment directly debited in your account without needing any cards.
  6. No mediators are involved in your cardless EMI plan. This means that you pay the lender directly and need not get bothered about the terms and conditions of the lender. The amount of money and interest rate is already fixed by the lenders for various EMI plans.
  7. Cardless EMI gives you the option of multiple installments and you can pay in the selected month. So, you don’t have to shell out the entire amount at once.
  8. The most important thing is that emi doesn’t burn a hole in your pocket. Customers can easily pay the money they owe in two parts according to their financial condition and convenience.

Getting an EMI product is not easy because there are many factors involved. Some factors are not that important and some are vital when you purchase the item on EMI. For example, if you have a bad credit history then you can’t get finance for any product.  Make payments without a card, anywhere, anytime. Paying bills through digital payment solutions is a fast and secure way to make purchases online. On the other hand, if your salary is less then you don’t get any EMI facility for any product. But through Pinelabs we provide you all these facilities with no headache in payment.

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