No Cost EMI and Low Cost EMI option will be made available to customers who purchase eligible Google products (āProductsā) using select credit cards from participating banks/financial institutions ("Issuing Banks") and opt for the No Cost EMI or Low Cost EMI payment option.The eligibility of Products for No Cost EMI or Low Cost EMI is at the sole discretion of Google and may be subject to change without prior notice.
āNo Cost EMIā implies that the interest component charged by the Issuing Bank will be provided as an upfront discount at the time of purchase, effectively reducing the price of the eligible Product to the total amount payable in EMIs. The discount provided under the No Cost EMI is solely for the purpose of adjusting the interest component charged by the Issuing Bank.
āLow Cost EMIā implies that a portion (not the complete interest component) of the interest component charged by the Issuing Bank will be provided as an upfront discount at the time of purchase, effectively reducing the price of the eligible Product to the total amount payable in EMIs. The discount provided under the Low Cost EMI is solely for the purpose of adjusting only a portion of interest component charged by the Issuing Bank.
Google displays representative No Cost EMI/Low-Cost EMIārelated information (EMI amount, interest rate charged and total amount payable) for customerās purchase as per the information shared with Google by the customerās Issuing Bank on an āAS ISā basis. Customersā Issuing Bank is the authoritative source of this information and customers are advised to contact their Issuing Bank for clarifications in this regard. Google is not responsible for any processing fees, pre-closure charges, or other charges levied by the Issuing Bank. Customers are advised to review the Issuing Bank's terms and conditions related to EMI transactions.Google shall have no liability in the event their Issuing Bank refuses to process No Cost EMI/Low-Cost EMI payment option transaction.