Did not receive Cashback on No Cost EMI

[mr.das]

I purchased a smartphone on flipkart big billion days actual price of which was Rs.44424 but after discount of Rs.1000 and no cost emi discount of Rs.1990 the price was Rs.41434. But when I saw my emi schedule I found that I have to pay Rs.44424 not Rs.41434 and also in my credit card statement there was no Cashback of Rs.1990. Can anyone say when will I receive that Rs.1990 Cashback?

 

[arjungoyal12]

This is actually how No Cost EMI works, so nothing to worry about. Even though Flipkart shows the discounted price, the bank always converts the original amount (₹44,424) into EMI. The No Cost EMI benefit of ₹1,990 is not reduced upfront, which is why your EMI schedule shows the full amount.

This discount is given later as a cashback, usually after the EMI conversion or once the first EMI is billed. In most cases, it reflects within 30–60 days as a separate credit entry in your card statement. If it doesn’t show up even after one or two billing cycles, you can reach out to Flipkart support with your order details.

What you should check:

• Look at your Flipkart order invoice and offer details, it should clearly mention “No Cost EMI discount”.
• Give it some time (30–60 days).
• If it still doesn’t come, contact Flipkart support first, then the card-issuing bank if needed.

So the EMI amount showing ₹44,424 is normal. The benefit comes back later as cashback.