No Cost EMI

No Cost EMI Explained

Pay for your purchases in easy instalments at No extra cost: No down payment*, No Interest on EMI, No processing fee* & No hidden charges.

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*Down Payment needs to be paid for availing Cardless EMI **HDFC Bank charges a process fee on EMI transactions
*Down Payment needs to be paid for availing Cardless EMI **HDFC Bank charges a process fee on EMI transactions
What is No Cost EMI?

A no-cost EMI offers you a plan where you can pay for a product in affordable monthly instalments with zero interest. This means that you are only paying for the total price of the product, with no extra charges for you.

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Frequently Asked Questions
Axis Bank, ICICI Bank, HDFC Bank, Citibank, SBI, IndusInd, Yes Bank, Kotak Mahindra Bank, RBL Bank, HSBC, Standard Chartered Bank, American Express.
While availing the no-cost EMI facility, you will not have to pay any down payment, processing fee, or interest. GST on only the Interest component may apply.
Yes, the bank will charge you an interest. However, the interest that they charge will be given to you upfront as a discount at the time of buying the product. In this way, we give you a benefit of no-cost EMI.
No, this option will be available on selected products only. Minimum product value to avail No Cost EMI is ₹3000. Different partnerships have different thresholds, the same will be specified during the checkout process.
Except HDFC Bank, no other bank charges a processing fee. HDFC Bank charges ₹199 + GST on all of their No Cost EMI transactions.
When we issue a refund, Sezzle processes the appropriate changes to your Sezzle account. You'll receive an email from Sezzle once the refund has been issued, and you can always view the refund details by logging into your Sezzle account. Because we unaware of how many payment installments you have left, or the outstanding amount of your order, we may provide information about your refund that looks different from what you see in your Sezzle dashboard. Refunds may appear on your original payment method in smaller amounts, equal to each installment, or as one lump sum.
Users need a bank account to avail this facility. Bank account can be verified by using a Debit Card or Netbanking while availing the Cardless EMI option.
Except Cardless EMI process, you do not need to make any down payment while availing the facility via any of our partnerships.
You do not need to pay any transaction fee or additional charges while making your transaction, except for No Cost EMI via HDFC Bank.
When you make a No Cost EMI transaction through Credit Card, you actually pay the amount which is product value less the interest amount which we bear as a discount while confirming the transaction. Hence, in the event of a return or cancellation, the same principal amount, which is charged to your card, is refunded back to the source account within 5-7 working days.
You may make early payments through your Sezzle Account, otherwise, Sezzle will automatically process payments in accordance with the due dates stated on the Payment Schedule ("Automatic Payment"). You hereby irrevocably authorize Sezzle to process such payments using the Payment Method details provided by you.