<h1>NBFC promotes seasonal zero-down EMIs with pre-approved limits and paperless conversions; ensure RBI compliance and disclosure obligations</h1> A non-bank financial services provider is promoting seasonal consumer credit products allowing buyers to convert purchases into instalments, including zero down-payment offers, pre-approved limits, quick approvals, and loans up to specified amounts with tenures from 3-60 months via a broad partner retail network. The entity, registered with the national banking regulator as a deposit-taking NBFC and classified as an investment-and-credit company, highlights deposit acceptance, diverse lending operations, credit ratings, and an EMI network card for paperless conversions. Legal considerations include compliance with RBI NBFC rules, consumer credit disclosure and consent obligations, fair pricing and marketing regulations, and applicable deposit-taking and advertising standards.