EMI Option

EMI Option Details

lipro charges monthly interest rates (as shown below) according to the reducing monthly balance. In the monthly reducing cycle, the principal is reduced with every EMI and the interest is calculated on the outstanding balance.**

EMI plans / Interest charge

3% p.m.

Example and Calculations

The table below shows a representative rendering of EMI plans for a Rs. 10000 purchase, paid using the EMI payment plan

3 Months EMI Details

Base Amount: Rs. 10000
Interest Rate: 3%p.m.
EMI Amount: 3,535
Processing Fee: Depends on the category of the products.
Total: 10,606
Processing fee will be charged only on the first EMI.

6 Months EMI Details

Base Amount: Rs. 10000
Interest Rate: 3%p.m.
EMI Amount: 1,846
Processing Fee: Depends on the category of the products.
Total: 11,076
Processing fee will be charged only on the first EMI.

** EMI Option is only available for selected valuable customers.

Please check the Pop-up.