Frequently Asked Questions (FAQs)

Find answers to frequently asked questions about Low Cost EMI.


1. Why should I run Low Cost EMI Offers?

Running Low Cost EMI Offers helps you attract a wider customer base by reducing the upfront cost barrier. This leads to increased sales and higher average order values.

Additionally, offering discount on interest for longer tenures sets you apart in a competitive market and opens opportunities for upselling, contributing to overall business growth and financial stability.

2. Who bears the cost for the discount given in Low Cost EMI?

As a business, you would bear the partial cost of Low Cost EMI, which appears as an upfront discount on the product cost to the end consumer.

You can decide the cost to subvent for each tenure and the customer bears the remaining cost. The interest percentage will vary by the bank and the EMI tenure. Know more about the

.

3. Which payment methods can be used for Low Cost EMI?

Low Cost EMI is available on all credit and debit card EMIs.

4. Will the customers' banks continue to charge them interest?

Yes, the customers' banks will continue to charge them interest. However, partial interest subvented by you appears as an upfront discount to the customers at the time of purchase.

5. Can I enable Low Cost EMIs at the Checkout?

Yes. Razorpay enables you to display Low Cost EMIs at the Checkout. Know more about

.

6. How can I know about the percentage discount of the Low Cost EMI that I bear?

You can decide how much percentage of the total interest you want to subvent during offer creation. This appears as an upfront discount on the product cost and the customer bears the remaining cost.

7. How does the Low Cost EMI settlement work?

The order amount minus the discount subvented by you is settled in your bank account as per your

.

Watch Out!

Razorpay pricing is not included in this settlement, it will be applied in addition to the above amount.

8. Can I create Low Cost EMI offers on Cardless EMI?

No, we do not support Low Cost EMI offers on Cardless EMI.


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