Top 7 Ways to Buy Mobile on No-Cost EMI: Here’s How

Owning a mobile phone in today’s digitally advanced world is not just a luxury but a necessity. With smartphones becoming increasingly advanced and expensive, finding budget-friendly options can be challenging. However, thanks to the No-cost EMI options, owning a mobile phone has become more accessible than before. 

If you’re looking to purchase a No-cost EMI mobile under Rs 10,000 you’re in luck! The following post will help you learn the top ways to buy a mobile phone at No-Cost EMI. 

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Top ways to buy a mobile phone on No-Cost EMI

Here are the top 7 ways to buy mobile on No-Cost EMI:

1. Digital Product Loan 

A Digital Product Loan is suitable for buying No cost EMI mobiles under Rs 10,000. It’s a simple way to get the latest gadgets without stress. With easy repayment plans and no extra fees, this loan makes buying tech affordable and convenient. 

Partnering with a trusted lender ensures clear terms and reliable service. You can opt for services like HBD Financial Services Limited who offer No-cost EMI easily. Whether upgrading your device or trying new tech, the Digital Product Loan offers flexibility and peace of mind. Say goodbye to money worries and hello to easy gadget shopping with this trusted loan option.

2. Credit Cards

If you’re looking to make a big-ticket purchase, you may be interested in availing of the No-Cost EMI offers provided by many credit card companies. With this payment option, you can convert the cost of your purchase into monthly instalments without incurring any additional interest charges or processing fees. 

To avail of this facility, you’ll need a credit card with a sufficient credit limit. Many credit card issuers have partnered with merchants to offer No-cost EMI schemes on purchases made through their network. It includes popular retailers of mobile phones and other electronic gadgets. 

To make a purchase using the No-Cost EMI option, you simply need to swipe your credit card at the time of purchase and select the EMI option. Depending on the merchant, you may choose from various repayment tenures, ranging from 3 months to 2 years. The total cost of your purchase will be divided equally over the chosen tenure, and you’ll need to make monthly payments until the balance is paid off. 

Overall, the No-Cost EMI option can be a convenient and cost-effective way to finance your purchases without paying interest charges or taking out a loan. However, it’s crucial to read the terms and conditions carefully and ensure you understand the repayment schedule before availing of this facility.

3. Debit Cards

Several banks offer No-cost EMI facilities on debit card transactions. It means you can buy a mobile phone on EMI without relying on a credit card or taking out a personal loan. 

To take advantage of this facility, check if your bank provides EMI options on debit card purchases and inquire about the eligibility criteria and terms. It can be a convenient way to purchase without worrying about immediate payment and interest rates.

4. Mobile Brand Websites

If you’re on a tight budget for buying a new mobile phone, you can check out the official websites of various mobile phone brands. Many of these websites offer No-cost EMI options. That means you can buy a smartphone without paying any interest, even if under ₹10,000. 

To take advantage of this offer, simply visit the website of your preferred mobile brand and explore the EMI options available for budget-friendly smartphones. This way, you can own a new phone without worrying about the upfront payment or the additional interest rate.

5. Consumer Electronics Stores

If you plan to buy a new mobile phone and want to take advantage of some great deals, consider visiting one of the many large consumer electronics stores or chains in your area. These stores frequently offer promotions and discounts on mobile phones, including No-Cost EMI schemes, which can help you save money on your purchase. 

Some of the most popular stores to check out include Croma, Reliance Digital, and Vijay Sales, where you can browse their selection of mobile phones priced under ₹10,000. In addition to these discounts, you can also inquire about their EMI options to make owning a smartphone more affordable than you might think.

By exploring the financing deals available at these stores, you can find an attractive offer that fits your budget and allows you to upgrade your mobile phone without breaking the bank. So don’t hesitate to visit your local electronics store and see what deals are available today!

6. Mobile Phone Exchange Offers

There are several retailers and online platforms that offer mobile phone exchange programs. These programs allow you to trade in your old phone for a discount on a new one. By taking advantage of such exchange offers, you can save a considerable amount of money on your new device.

Once you have availed of the exchange offer and purchased your new phone, you can further reduce the financial burden by opting for a No-cost EMI scheme. This scheme allows you to pay the remaining amount of the phone’s cost in easy and convenient instalments, without any additional interest or charges.

Combining the benefits of mobile phone exchange programs and No-cost EMI schemes, you can upgrade to a new device without worrying about the high costs. So, explore these options to make the most of your purchase.

7. Overdraft to Buy Mobile on No-Cost EMI

When considering overdrafts to finance purchases, carefully weigh the benefits and risks. While it may seem convenient to make a purchase, especially on a No-cost EMI plan, it’s crucial to understand the interest rates and fees associated with overdrafts. Before making a decision, calculate the total cost of the overdraft, including any interest and fees, against the savings of the no-cost EMI plan. 

Additionally, have a plan to pay off the overdraft as soon as possible to avoid accumulating additional interest and fees. As with any financial decision, you should research and make an informed decision that works best for your circumstances.


Buying a mobile phone under ₹10,000 on a No-Cost EMI scheme is now easier than ever with these top 7 ways. Whether you prefer shopping online, visiting physical stores, using credit or debit cards, or taking advantage of exchange offers, various options are available to suit your needs and budget. 

So, choose your desired mobile phone, and enjoy the convenience of No-cost EMI financing!

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