A foldable phone for under 200 rupees a day sounded impossible a year ago. Samsung just made it real. The company has rolled out a 30-month no-cost EMI scheme for its entire Galaxy Z lineup in India, and it changes the monthly math enough that foldables now compete directly with flagship slab phones on affordability.
If you have been eyeing the Galaxy Z Fold8 Ultra, Galaxy Z Fold8, or Galaxy Z Flip8 but held back because of the upfront price tag, this financing update is worth a closer look.
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What No-Cost EMI Actually Means
No-cost EMI is a financing option where the bank or lender waives the interest that would normally apply to a loan, so the total amount you pay in installments equals the phone’s price, split across months, with zero down payment required. Samsung has now stretched this to a 30-month tenure, longer than the usual 12 or 24-month options most brands offer, which pulls the monthly outgo down noticeably.
The plan is available through Samsung Finance+ (powered by DMI Finance), TVS Credit, IDFC FIRST Bank, and Poonawalla Fincorp, giving buyers a choice of lenders depending on which one they already bank with or have a relationship with.
How Much You Will Actually Pay Each Month
Here is where it gets interesting. Samsung says the new plan brings the Galaxy Z Fold8 Ultra down to roughly 9 percent lower monthly EMI compared to last year’s Galaxy Z Fold7, even though the newer phone is more expensive on paper.
| Model | MRP (256GB) | Monthly EMI (30-Month) |
|---|---|---|
| Galaxy Z Fold8 Ultra | INR 199,999 | INR 6,667 |
| Galaxy Z Fold8 | INR 179,999 | INR 6,000 |
| Galaxy Z Flip8 | INR 124,999 | INR 4,167 |
Terms and conditions apply; figures are as stated by Samsung and may vary slightly by lender.
To put that in perspective, the Galaxy Z Flip8 now costs about the same per month as a mid-range 5G phone bought outright, while the Galaxy Z Fold8 sits close to what many people already pay for a premium slab flagship on EMI. That is a meaningful shift for a category that has always been priced at a premium.
Three Phones, Three Different Foldable Experiences
This financing push arrives alongside Samsung’s biggest lineup change in years. Instead of one Fold model, the company now sells three distinct foldables, each aimed at a different kind of user.
The Galaxy Z Fold8 Ultra is the spiritual successor to the older Z Fold line: bigger battery, sharper 200MP camera, and a screen tuned for side-by-side multitasking. It comes in Violet Shadow, Graphite, Cream, and an online-exclusive Green Shadow.
Check the Galaxy Z Fold8 Ultra price and availability here
The Galaxy Z Fold8 takes a different route. It is built around a fresh 10:16 cover screen designed for one-handed scrolling and a 4:3 main screen meant for watching movies and reading. At 201 grams, Samsung calls it the lightest Fold it has ever shipped. Colour options include Lavender, Graphite, Cream, and an online-exclusive Pistachio.
See the Galaxy Z Fold8 listing here
The Galaxy Z Flip8 is the compact option, the thinnest and lightest Flip Samsung has made so far. It is available in Pink, Graphite, Cream, and an online-exclusive Mint.
Where and How to Buy
All three devices are open for pre-order across major online and offline retail channels, including Samsung.com and Samsung Experience Stores nationwide. The 30-month EMI option applies at checkout when you select one of the four partner lenders, so it is worth comparing the exact interest-free terms each one offers before finalising, since processing fees and eligibility criteria can differ slightly between banks and NBFCs.
For anyone who has been holding off on a foldable purely because of the price jump versus a regular flagship, this is probably the easiest entry point Samsung has offered in this category yet.