EMI Disclaimer

Zepcart.in and Scorecare Solutions OPC Private Limited are NOT lenders, NBFCs, banks or financial institutions. We only facilitate EMI transactions through approved payment gateways and their lending partners.

1. How EMI Works

EMI options (No-Cost EMI, Standard EMI, Card EMI, Cardless EMI, Debit-card EMI) are offered by our payment-gateway partners — including Razorpay, CCAvenue and Cashfree — in association with regulated banks and RBI-registered NBFCs. Zepcart merely displays the available EMI options at checkout.

2. Approval

Final approval of any EMI plan is at the sole discretion of the lending bank or NBFC based on their credit and eligibility criteria. Zepcart has no role in the credit-underwriting decision.

3. Charges

Interest, processing fees, GST, foreclosure charges and late-payment penalties are levied by the lender as per their published schedule. "No-Cost EMI" pricing already includes any lender-applied discount so that the net cost equals the product price.

4. Repayment

Repayment is a direct obligation between you and the lender. Missed payments may affect your credit score and attract charges from the lender.

5. Invite-Only In-Store EMI

Our Invite-Only In-Store EMI system is available only to pre-approved merchants and customers. Even here, actual credit is extended by regulated lending partners — Zepcart facilitates the workflow only.

6. Disputes

Disputes relating to EMI charges, interest or repayment should be raised directly with the lender. Zepcart will assist in coordinating where possible.