Question regarding the No Cost EMI offer.

[bane]

I bought a laptop on Asus priced at ₹40990, availing their 3000 discount on top of no cost emi discount, using my Axis CC.
The payment page showed ₹3000 discount, ₹1193 NCEMI discount. Also, ₹409.9 as EMI processing fees.
If I am correct, I should be charged around 40990 - 3000 + 409.9 + 73.782(Processing fee GST) + 209.5 (Interest GST) = ₹38683.2
But I only got a request of ₹36826.09 on my CC (which I paid) as of now? It looks just like any other non emi spend? Can someone tell me what is wrong here? Will I be charged after statement generation?
Also, will I get an option of foreclosing this loan? Will I be benefitted from foreclosing it?
Sorry if this sounds too stupid. I have never used EMI on CC.
Mods please move it to relevant forum. I wanted to ask it in the "Do you have XYZ cards" thread for better reach, but I don't have the privileges to post there.

 

[rsaeon]

You've been charged correctly, 40990 - 3000 - 1193.

Processing fees will be added to the monthly bill when it is generated. Same with GST.

Some members are of the opinion that NCEMI isn't worth it because you'll be paying GST on interest seperately. But the numbers don't add up.

Here is a recent purchase of mine, Amazon has been explaining things out better these days:

 

[bane]

Here is a recent purchase of mine, Amazon has been explaining things out better these days:

Thanks for the screenshot. Point 1 was exactly what I was looking for.

Surprisingly, unlike flipkart and amazon no cost emi, asus offered ncemi discount which included interest gst too.

The last thing I’d like to know is will it be possible to foreclose the loan and free up my limit asap? Will the foreclosure fee be too high, or would it still be profitable for me?

 

[bane]

Update:
Yes, I was able to cancel the EMI after calling Axis CC. They didn't charge me any forclosure fees or penalty as such, and the EMI processing fees + gst was reversed too. Should have chosen a longer emi plan to get a better discount.