Diese Präsentation wurde erfolgreich gemeldet.
Die SlideShare-Präsentation wird heruntergeladen. ×

“No-Cost EMIs” Haven Gate of Economy.pdf

Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Nächste SlideShare
TWIN TOWER TWIST.docx
TWIN TOWER TWIST.docx
Wird geladen in …3
×

Hier ansehen

1 von 2 Anzeige
Anzeige

Weitere Verwandte Inhalte

Weitere von Harsh Kumar (20)

Aktuellste (20)

Anzeige

“No-Cost EMIs” Haven Gate of Economy.pdf

  1. 1. “No-Cost EMIs” Haven Gate of Economy No-cost EMI scheme has given a new shape and form to the entire payment ecosystem Free Equivalent Monthly Installment Payments (EMI) are now becoming a popular system as it allows you to purchase expensive items and pay as you please over several months. The system will reshape the entire payment ecosystem, allowing shoppers to purchase large items such as refrigerators, TVs, washing machines, mobile phones, and other items without worrying about high-interest rates or additional processing fees. became. WHAT IS EMI BUY EMI Free or if you choose to buy EMI Free you will pay monthly installments for this product but no interest or fees. It means that EMI will only pay the full amount for the split product. "The interest portion and processing fee are included in the standard or regular EMI amount. The Equated Monthly Rate (EMI) is a fixed payment amount paid by the borrower to the lender on a specific day of each calendar month. Payable in equal monthly installments. is used to pay off both interest and HARSH KUMAR
  2. 2. principal monthly, allowing the loan to be fully paid off over a specified number of years. WHEN SHOULD YOU OPT FOR A FREE EMI LOAN? A free EMI loan is useful if you are buying an expensive product and you don't want or can't pay it all at once. In addition, merchants may offer credit card discounts and cashback when purchasing products online using EMI-free options. INCOME AND DEMAND IMBALANCED AFTER COVID – 19 As our Indian economy faces a low growth rate where a low level of income and demand is continuously rising. As stagflation will move down the living standard of the people because there is less income in society. No-cost EMIs will allow the buyers to buy now and pay in installments. Go Slow but Go In the last GST council meeting, government changes the GST rate on four different segments of goods & services. And also impose many policies which create hurdles for the buyer to buy more. In this current situation of the economy, No-Cost EMI is the haven gate for the economy. The full payments will not be received but demand strain on a certain point which will more the economy slowly but continuously.

×