We offer 0% EMI on all Master and VISA credit cards issued by Indian banks for all our mattress purchases. This offer is valid for an EMI tenure of 3, 6 and 9 months. There is no minimum purchase amount attached to this offer.
This offer is on a limited basis and can be discontinued without any notice. You can avail 0% EMI option in two ways -
1. On the payment page, please select the EMI option and complete the transaction. Once you complete the transaction, please send an email to email@example.com and we will initiate the refund process. Please take a look below for the interest amount (for 3, 6, and 9 months) that we would refund -
For 3 month EMI - 2.1% of the invoice value or the actual interest charged by the bank, whichever is lower.
For 6 month EMI - 3.7% of the invoice value or the actual interest charged by the bank, whichever is lower.
For 9 month EMI - 5.6% of the invoice value or the actual interest charged by the bank, whichever is lower.
For any other option (e.g., 12, months) - We are unable to offer any cash back
All cash back will be processed within 7 days of opting for the 0% EMI offer
2. If you do not see your card listed under EMI option, no need to worry. Please pay the whole amount using your credit card and then call up your bank to convert it into an EMI. Once the EMI is approved, please mail the details to firstname.lastname@example.org and we will initiate the refund process.
3. Sample EMI schedule - please call your bank or credit card for similar EMI schedule for timely refund
The EMI option is only applicable for prepaid orders (payment made on the website) and is not applicable for COD orders.
For 95% of the banks, the interest rate is below 2.1%, 3,7% and 5.6% for 3 months, 6 months and 9 months respectively. In case the interest rate is above the mentioned rates, the customer would have to bear the additional interest.
In case, you want to return the mattress during 100 nights trial period and if you have already availed the 0% EMI scheme, only the balance amount is refunded. For example, let's say you have purchased a mattress for ₹ 100 and used 3 month EMI option on your VISA credit card and you want to return the mattress within the first 100 nights; since you would have received a cash back of ₹ 2.1 already, we will only refund ₹ 97.9.
The 0% EMI offer is applicable on AMEX cards as well.
The 0% EMI offer is not applicable on international cards and Bajaj Finserv cards.