Payment & terms
Small monthly figure
How it may influence
A monthly amount feels smaller than the total you will pay.
Evidence to check
- How many payments, and what is the total including fees?
Useful step
Multiply the monthly amount by the number of months and add fees.
When this is reasonable
Instalments help when the total is clearly shown.
Related Indian rule (for information)
RBI Key Fact Statement rules
Tamil Nadu examples (illustrative)
- Online sale: "No-cost EMI" on a TV, with a processing fee shown only at checkout.
- Course call: "just ₹999 a month" without the number of months.
- Showroom: "exam fee extra" or "installation extra" mentioned once, quietly.
Sources
This page is a general explanation only; it says nothing about any particular seller.