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AI Micro-Internship · ~150 min · no-code

Expose the true cost of a "no-cost EMI"

"No-cost EMI" is the most successful magic trick in Indian retail. Take one real current offer — a phone on no-cost EMI, a BNPL checkout, a credit card minimum-due — and compute its TRUE cost: processing fees, GST on interest, lost discounts, foreclosure charges. Then design the warning poster you wish existed.

Steps

  1. 01Find a real, current offer: screenshot a no-cost EMI option on a product page, a BNPL plan, or a card statement’s minimum-due maths (redacted).
  2. 02Dig out the full terms: processing fee, GST on the interest component, whether the "no-cost" discount equals the interest, foreclosure charges.
  3. 03Compute the true cost: cash price vs. total actually paid, and the effective annual interest rate. Show every step.
  4. 04Design a teen-friendly warning poster with the real numbers from your example.

Tools: A real current EMI/BNPL offer, ChatGPT or Gemini for the maths (verified by you), Canva

Your submission

Submit the offer screenshot, your true-cost computation, and the warning poster.