Zero Percent EMI vs Regular EMI - Which is Better for You?
Zero Percent EMI vs Regular EMI - Which is Better for You?
When buying a smartphone on EMI, you will come across two main options: Zero Percent EMI and Regular EMI. Understanding the difference can save you thousands of Taka.
What is Zero Percent EMI
Zero percent EMI means you pay exactly the product price divided by the number of months. No extra charges, no interest, no hidden fees.
Example: Phone price 24,000 BDT on 12 months zero percent EMI = 2,000 BDT per month. Total payment = 24,000 BDT.
What is Regular EMI
Regular EMI includes interest charges. You pay more than the product price over time. The interest rate varies by bank (typically 10 percent to 20 percent per year).
Example: Phone price 24,000 BDT on 12 months regular EMI at 12 percent interest = approximately 2,133 BDT per month. Total payment = approximately 25,600 BDT.
Comparison Table
| Feature | Zero Percent EMI | Regular EMI |
|---|---|---|
| Total Payment | Exactly product price | Product price + interest |
| Monthly Payment | Lower | Higher |
| Processing Fee | May apply (100-300 BDT) | May apply (100-500 BDT) |
| Bank Eligibility | Selected partner banks | Most banks |
Which One Should You Choose
Choose Zero Percent EMI if:
- Your bank is on our partner list
- You want to pay exactly the product price
- You want the lowest monthly payment
Choose Regular EMI if:
- Your bank is not on the zero percent list
- You need a longer tenure (some banks offer 18-24 months)
- You do not mind paying some interest
Banks Offering Zero Percent EMI at mobile.com.bd
- Dutch-Bangla Bank Limited (DBBL)
- City Bank
- Brac Bank
- Eastern Bank Limited (EBL)
- Standard Chartered
- HSBC
Tips to Get the Best EMI Deal
- Check if your bank offers zero percent EMI
- Choose shorter tenure (6 months) for lower total interest
- Pay your EMI on time to avoid late fees
- Compare processing fees across banks
Start Your EMI Purchase
Visit mobile.com.bd, choose your phone, and select EMI at checkout. Check if zero percent EMI is available for your bank.