Buying a new TV is exciting, but should you pay the full amount upfront or choose an EMI plan to split the cost over several months? With rising prices of smart TVs, many consumers now opt for electronics on emi plans to make these big-ticket purchases affordable. But does EMI really save you money, or is paying the full amount still the better choice in 2025?
Advantages of Buying TV on EMI
Opting for a mobile on emi or TV on EMI can ease your cash flow by spreading payments over manageable installments. This lets you keep funds aside for emergencies, investments, or other expenses. No-cost EMI options available through select retailers and banks mean you may pay the same amount as the upfront price but in parts, without added interest—if you qualify. EMI also allows you to buy higher-end models you might not afford with a lump-sum payment.
Hidden Costs of EMI Plans
However, not all electronics on emi deals are as straightforward as they seem. Many standard EMI options include processing fees, GST on interest, or hidden charges, which can increase your overall payment. If your EMI plan isn’t a true no-cost offer, you could end up paying 10–15% more than the TV’s price over the tenure. Before choosing EMI, always calculate the total amount you’ll repay, including any additional fees.
Benefits of Paying Full Amount
Paying the full amount upfront gives you complete ownership immediately without worrying about future EMIs. You avoid interest costs, processing fees, and the risk of missing payments, which can impact your credit score. Retailers sometimes offer discounts or freebies like extended warranties, installation, or accessories to buyers paying the full price, which can make upfront payment more cost-effective than EMI for electronics on emi.
When EMI Makes More Sense
If you don’t have sufficient savings or prefer to keep your funds liquid for other priorities, a no-cost mobile on emi or TV on EMI can be a smart choice. This is especially true if you get a zero-interest plan and can repay comfortably within your budget. Just make sure you confirm with the retailer or lender that the EMI is genuinely interest-free and that you meet the eligibility requirements.
When Full Payment Is the Better Option
If you have enough savings and the retailer isn’t offering a genuine no-cost EMI, paying in full is usually more cost-effective. You’ll avoid any hidden costs and get immediate peace of mind knowing there are no future installments. It also reduces the risk of penalties or late payment fees, which can add up quickly.
Using EMI Cards and BNPL Services
If you want to buy a TV or electronics on emi but don’t have a credit card, EMI cards from NBFCs or Buy Now, Pay Later (BNPL) services let you split the cost over time. These can be convenient, but read the fine print carefully. Late fees on BNPL plans can be steep, and missing payments affects your credit report.
Conclusion
In 2025, whether buying a TV on EMI or paying in full is more cost-effective depends on the offer you get and your personal finances. If you secure a genuine no-cost EMI with zero hidden fees, spreading payments can be a smart way to own a TV without depleting your savings. But if the EMI plan has interest or extra costs, paying upfront remains the better financial decision. Compare total costs, check your budget, and choose wisely—because a well-planned purchase today ensures you enjoy your new TV without financial regrets tomorrow, just like when buying a mobile on emi or other electronics on emi.
