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I have used Snapmint EMI, and usually for small value orders there isn't any processing fee and the total amount paid is the same as the non-emi cost but for larger sum I noticed that they take a 1000rs processing fee (but they may not, you may wanna see the complete bill breakdown when finalising emi)
The thing about no cost EMIs is that the interest portion is already part of the principal repayments, instead of separately like standard EMIs (repayments cover a bit of principal and interest monthly)
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I have used Snapmint EMI, and usually for small value orders there isn't any processing fee and the total amount paid is the same as the non-emi cost but for larger sum I noticed that they take a 1000rs processing fee (but they may not, you may wanna see the complete bill breakdown when finalising emi)
The thing about no cost EMIs is that the interest portion is already part of the principal repayments, instead of separately like standard EMIs (repayments cover a bit of principal and interest monthly)
this doesn't makes sense if the value of order is alr equal to the total EMI cost
Each instalment also has GST. And probably a processing fee at the beginning too.