The following terms & conditions apply to EMI.
- Neoteric Private Limited facilitates Equated Monthly Installments (“EMI”) payment method on purchases worth Rs 25,000 – Rs. 2,00,000.
- The interest rate varies from 3% – 12% as per plan.
- For the EMI facility, you should buy products from the nearest Neo Store.
- The EMI facility is available for laptops, mobiles ….
- The EMI facility is not available on categories like Computer Accessories (Mouses, Keyboards, Mouse & Keyboard, Memory Products), Essentials (Cables & Adapters, Power Accessories), Audio (Speakers, Headphones, Earphones), Printers & Scanners, Cameras (Home Security Camera, Webcams), Computers (Monitors, Desktops), Others (Laptop Bag, Presentation Remote, Gamepad Smart Watches).
- The EMI facility is being offered by the respective banks to the customer and Neoteric Private Limited has no role to play in the approval, extension, pricing, modification, pre-closure, closure, or any matter incidental thereto pertaining to the offering of the EMI facility, which is decided at the sole discretion of the bank.
- The EMI facility is offered by the banks to the customers is governed by the respective terms and conditions of each bank/issuer and the customer is advised to approach the bank/issuer in case of any complaint, dispute, or inquiry about an EMI transaction.
- Neoteric Private Limited reserves the right to stop facilitating this service without any prior notice.