Smartphones have become an integral part of our daily lives and owning the latest, fastest model that has and does everything is just a prerequisite for making a choice. However, what puts the brakes on is the price tag on any of the latest Samsung mobile phones or OnePlus mobile phones and other high-specced brands. Even some high-end can be out of budgetary reach for some.



At such times, buying a mobile on EMI takes care of the budget part and gives you the freedom of owning your favorite model without having to pay the full amount at once. However, there are certain things that you should know before you do this: - Don’t Go Overboard Budget is the most important thing to consider before buying a mobile phone on EMI. At the end of the day, you have to keep up with the payments and still pay the full price of the phone. So, make extra sure that’s an investment you want to make. Always Choose No-Cost EMIs


A no-cost EMI refers to a plan with no additional interest added on. That means you’re paying nothing more than the total quoted price of the product. Check with your bank or payment service and the retailer to see if this option is available before you decide. Buy From Genuine Sources Always choose a trusted source, so that your transaction is safe. Sites like Electronics Bazaar, for instance, not only offer genuine products with no-cost EMI options but also offer a 1-year replacement warranty, 10-days return policy, and a 50% assured buyback option for some products. A Credit Card Is Not Mandatory Nowadays, debit cards are universally accepted for EMI transactions. Plus, you can also opt for other payment services of non-banking finance companies that allow you to convert your transaction into EMIs. Always make sure that there are no extra charges or ‘transaction fees’ that add up. EMIs Are Auto-Debited Last but not the least, ensure that you always have a sufficient balance in your account that is linked to the mode of payment you’ve chosen for your EMI purchase. This is of utmost importance because your EMIs are auto-debited from that account on a chosen date. You don’t want to falter on a payment or risk paying extra as a penalty charge. So getting the phone you want, irrespective of the price tag, is not too hard with an EMI, just keep these points in mind and you’re good to go.