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SanjayMehtatoday at 7:22 AM0 repliesview on HN

A new thing in India is a zero-cost EMI scheme where some intermediary company refunds the cost of the interest over a short period: typically 6 months.

I haven't tried it yet, but a dealer told only to use such a scheme if I didn't plan to use the credit card for anything else during that period.

I can't figure out how they're making money on this scheme.