I have purchased a mobile from Flipkart under 'No Cost EMI Program Discount' for a tenure of 6 months as the longer tenures were having interest charges. But after having completed the transaction using ICICI Credit Card, I found out that the ICICI Bank is now imposing charges in the name of Processing fees and various Interest Charges.
If Flipkart is aware of such fraudulent practices, then it should very clearly inform the Consumers regarding the same. If they are declaring a No Cost EMI Transaction, then it should be a No Cost One. And if there is any irregularities from the Bank side then they should Ban the Defaulter Bank from their platform to prevent other Consumers from getting cheated.
And what if I had selected an EMI Transaction with Costs? Then would I be charged double the Costs?
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