Your favorite mattress just became more affordable! Introducing the No Cost EMI offer on the whole range of Wakefit products. With No Cost EMI offer, you get:
Zero Interest charges!
Choice of 3 or 6 month EMI plans
Support for the following credit cards
Not valid on bank offers from
HDFC
Bank of Baroda
Axis-Flipkart
What you see is what you pay!
Monthly Instalment
Interest
Principal
1st EMI
₹10,000
₹318
₹9,682
2nd EMI
₹10,000
₹213
₹9,682
3rd EMI
₹10,000
₹107
₹9,682
Total
₹30,000
₹638
₹29632
Buy your perfect mattress with No Cost EMI option
You get No Cost EMI Discount
Initial amount blocked by bank
This amount will be converted into EMI after few days
Bank interest charged on card*
Finally you pay
Product Price ₹30,000
-₹638
₹29,362
+₹638
Final Price ₹30,000
Buy your perfect mattress with No Cost EMI option
Product Price ₹30,000
You get No Cost EMI Discount
-₹638
Initial amount blocked by bank
This amount will be converted into EMI after few day
₹29,362
Bank interest charged on card*
+₹638
Finally you pay
Final Price ₹30,000
Faqs
1. What is No Cost EMI?
No Cost EMI is an offer by which you pay your EMI provider only the product price, equally divided over your repayment timeline. For example, if you buy a INR 12,000 product at a 3 month tenure, you will pay your EMI provider INR 4,000 every month for 3 months, amounting to a total of INR 12,000*
2. Which payment methods can I use to get a No Cost EMI?
No cost EMI is available on credit cards from all major banks (Axis Bank, ICICI Bank, HDFC Bank, SBI, IndusInd Bank, Yes Bank, Kotak Bank, RBL, HSBC, Standard Chartered)
3. Are there any fees or down payment?
Wakefit will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI. Wakefit bears the cost of the EMI to facilitate your seamless purchase
4. Is No cost EMI available on all products on the site?
No cost EMI is available on all products on the website given that the cart value is more than INR 10,000
5. Will my bank continue to charge me interest?
Yes, your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your purchase, effectively giving you the benefit of a No Cost EMI*
6. How will my EMI be charged?
Your EMI provider will take 3-5 working days to process your EMI. Once done, your EMI will be charged on a monthly basis, as per your credit card billing cycle or payment instructions with your EMI provider. Please check with your provider for specific details.
7. What EMI periods can I choose?
For all orders worth between INR 10,001 and INR 20,000, the 3 month EMI option is available. For all orders equal to or more than INR 20,001, both 3 and 6 month EMI options are available
*Note: this excludes GST and other taxes that may be charged by your bank. For complete terms & conditions, please click here
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