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EMI (Equated Monthly Installments) Options

At GFX, we strive to make advanced technology accessible. To help you invest in professional-grade electronics without the upfront financial strain, we support EMI options through our secure payment gateway.

How EMI Works

  1. Select Product: Choose your product and proceed to the Checkout page.
  2. Payment Gateway: Select the Credit Card/Debit Card EMI option within our payment aggregator (e.g., Razorpay/PayU).
  3. Choose Plan: Select your bank and the desired tenure (3, 6, 9, 12, or 24 months).
  4. Authorization: Complete the secure bank authentication. The full amount is blocked on your card, then converted to EMI by your bank within 3-7 days.

Important Financial Disclosures

  • Interest Rates: Annual interest rates are determined by your bank and will be displayed at the time of checkout.
  • Processing Fees: Most banks charge a one-time EMI processing fee (typically ₹99 or ₹199 + GST). This is charged by the bank, not GFX.
  • GST on Interest: Per Government of India regulations, 18% GST is applicable on the interest component of your EMI.
  • No-Cost EMI: On specific products, GFX provides an upfront discount equal to the interest charged by the bank, effectively making the interest cost zero for the customer.

Participating Banks

EMI is generally available on Credit Cards from:

• HDFC Bank• ICICI Bank• SBI• Axis Bank• Kotak Bank• RBL Bank• HSBC• Standard Chartered• IndusInd Bank

Legal Entity: GEARS OF FUTURE ADVANCED ELECTRONICS PRIVATE LIMITED

Address: 2C-112, 2nd Cross Rd, East of NGEF Layout, Kasturi Nagar, Bengaluru, Karnataka 560043

Official Support: +91 8804404499 | contact@thegfx.ai