EMI (Equated Monthly Installments) Options

At Gears Of Future Advanced Electronics (The GFX), we understand that purchasing high-value electronics can be a significant investment. To make it more convenient and affordable for you, we offer Equated Monthly Installment (EMI) options on a wide range of our products.

EMI allows you to split the total cost of your purchase into easy and manageable monthly payments over a specified tenure.

How EMI Works

  1. Browse Eligible Products: Look for products on our website that display the EMI option on their product page.
  2. Select EMI at Checkout: During the checkout process, if your order value meets the eligibility criteria, you will see the option to pay via EMI.
  3. Choose Your Bank and Plan: You will be presented with a list of participating banks and the EMI plans available (tenure and interest rate, if applicable). Select your preferred bank and EMI plan.
  4. Complete the Transaction: Follow the on-screen instructions to complete the EMI transaction. You may be redirected to your bank's website to authorize the payment.
  5. Monthly Payments: The total cost of your purchase will be converted into EMIs, and you will be billed by your bank on a monthly basis according to the chosen plan.

Participating Banks

We partner with the following leading banks to offer EMI options (the list may vary and is subject to change):

  • HDFC Bank
  • ICICI Bank
  • SBI (State Bank of India)
  • Axis Bank
  • Kotak Mahindra Bank
  • IndusInd Bank
  • And more

Please note that the availability of EMI options and the specific banks offering these plans may depend on your card type and the product you are purchasing.

Tenure and Interest Rates

The tenure of the EMI plans can vary, typically ranging from 3 months up to 24 months or longer, depending on the product and the bank.

Interest rates on EMI transactions are determined by the participating banks and may vary. Some banks may offer No-Cost EMI options where the interest is borne by the merchant or is offered as an upfront discount. The applicable interest rate and the total cost payable will be clearly displayed to you at the time of selecting the EMI plan during checkout.

Eligibility Criteria

To avail EMI options, you generally need to have a credit card from one of our participating banks. Debit card EMI options may also be available with select banks. The minimum order value for EMI eligibility may vary. Please check the details at the time of checkout.

No-Cost EMI

On select products, we may offer No-Cost EMI options. In this case, the interest charged by the bank is either given as an upfront discount, effectively making the EMI equal to the product price divided by the tenure, or is borne by us. Look for the "No-Cost EMI" badge on eligible product pages.

Important Points to Remember

  • EMI is a payment option offered by your bank at their discretion. Gears Of Future Advanced Electronics does not guarantee the availability of EMI on any specific purchase.
  • The bank will charge interest on the EMI transaction as per their terms and conditions, unless it is a No-Cost EMI offer.
  • It is advisable to read the terms and conditions of the EMI plan offered by your bank before proceeding with the transaction.
  • Your credit limit and CIBIL score may be factors in determining your eligibility for EMI.
  • In case of order cancellation or returns, the refund process for EMI transactions will be as per our standard Refund Policy, and any interest charged by the bank may be subject to their policies.

Contact Us

If you have any questions regarding our EMI options or need assistance, please feel free to contact our customer support team through our Contact Us page or by calling us at 88 044 044 99.