Flipkart - Charged 15.99% RoI towards No Cost EMI

sachinv77

sachinv77

New member
Website Name
Flipkart
Loss Amount
55775
Ratings
3.00 star(s)
I Have purchased New Samsung Galaxy Book4 Edge Laptop on the platform of FLIPKART during its Big Billion Days Sales program on dated 15-Oct-2026 (Invoice snap-shot attached as below)-
1792395524563.png
Copy of Amortization Schedule -
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Copy of complaint email sent -
Please be cleared that I havn't choose any Pay Later during placing my Order, only clicked on NO COST EMI Option which was showing me that time as
4647 x 12 NO COST EMI on order screen and for the same already deducted /reserved amount instantly from my ICICI Bank credit card which later y'day on 17th Oct converted into EMI and I received mail for the same from ICICI bank.

The main concern that if you refer my Order Invoice (attached herewith for reference), it's segregated into 3 parts -
  • EMI Fee + Offer handling Fee + Protect promise Fee - Which needs to be corrected for EMI Fee as well : INR701/-
  • Product Invoice (Samsung Galaxy Book4 Edge) : INR53928/-
  • Transportation/Delivery Charges : INR1146/-
Total Invoice Amount > INR55775/-

Refer attachment for ICICI Bank EMI conversion Amortization Schedule, where-in interest @15.99% has been levied against this purchase.
Now requesting you to kindly ensure to resolve the mentioned issue for removing of interest rates immediately since 1st installment due reflecting into my Credit Card Bill/Account is for INR5546.85/- instead of INR4647/- plus File charges 299/- (plus GST).

Hope you may understand and get this sort-out asp.



Rgds,

Sachin Verma
9254109327
Click to expand...

While at the time of Product buying - Offer page, it has showing to for 4647 x 12 monthly/No Cost EMI Option to avail this facility.
Post buying the product, Bank has sent me Amortization Schedule for 15.99 Rate of Interest charged in/per month.
Raising my voice to Flipkart and ICICI Bank both, but no one seems to correct the same into No Cost EMI option; Bank says, merchant has the rights to get things correct from their end and merchant (Flipkart) says that Bank has to correct the same.
Kindly support me to provide resolution and No interest against NO COSE EMI Option to be corrected.
 
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