No Cost Credit Card EMI - GST + Processing fee

Woh  toh  dena  padega   tax mein  discount  thode  milega

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You will pay processing fee = 200+18% = 236

& GST on interest = 18% of 900 = 162.

In total = 236 + 162 = 398.

try this tool, it should give you total cost.

https://pfintools.com/no-cost-emi-calc...or

Principal =  ₹33,590.00

Interest = ₹899.69

GST on Interest = ₹161.94

Processing Fee + GST = ₹234.80

Total to be Paid = ₹34,886.44

EMI for 3 months (including all taxes):
1. ₹11,811.98 ( inc Processing fee and gst)
2. ₹11,550.66
3. ₹11,523.79

Basically whatever shown on the e-commerce sites + (processing fee) + (processing fee*0.18) + (interest that was given as discount upfront*0.18)

You purchase product of 50k with emi where 5k interest on it given as discount then u have to pay

50k + 199 + 199*0.18 + 5k*0.18

But for some banks you cancel your emi after purchase to get away with these charges. There is no issue doing this if you don't do it regularly like once in a 6 month. You can search threads on dd for the process.

The processing fee + gst on that processing fee.

The interest(900 in the case above) will be split into 3 and charged to your credit card every month.

Gst will be charged on the interest every month as well.

Basically it's processing fee + gst on processing fees + gst on interest.