Twenty days back l got a call from the shop. They told me as an existing customer you have a very good offer and we will arrange Full amount in finance from HDFC Bank. Any of the item with price above Tenthousand. In a period of six months EMI. Without any interest.
As per their words I brought a Bed with price Eleven thousand six hundred. And the bank sent me the repaymen with a financed amount with Tenthousand eight hundred And.adding 800 rupees in.interest
I asked the staff about this they told me that Don't check the bank details only check amount We told and the total amount you paying after the 6 EMI.
Is my knowledge is right the Shop adding the interest amount in the product price.
And the interesting thing is for the customer The interest amount is paying the Shop Management to the Bank.
So my humble request to the customers Availing this type of offers please ask the Shop staff and the Bank staff for the re payment in detail and how much amount Bank is financing you.
Very bad experience with this shop. Bought lloyd Washing machine a year back and had some issues after one year of using it. The product was under warranty. We called to the shop and their behavior was very bad. They don't show interest on after sales service and only focusing on sales.
After lots of calls and follow ups they send someone. And the person was not aware how to fix the issue and finally he told some parts needs to be replaced he will order and come back once it has arrived. Till now no calls and no response from them.
Now the warranty is also over. I recommend everyone not to buy any products from this shop especially lloyd products. Those are really bad products and doesn't last long.