EMI helps you close price-sensitive customers — but manually tracking instalments in a notebook means missed collections, inconsistent late charges, and awkward "how much do I actually owe?" conversations.
The Nixie Solution
Nixie's Sales module has full EMI support built in — down payment, interest rate, instalment schedule, and automatic late charges — so instalment sales run themselves after the first click.
How It Works
- Tick "Enable EMI" on any sale and set the number of months, down payment, and interest rate.
- A live monthly instalment preview shows the exact number before you save — no surprises for you or the customer.
- Overdue instalments get a late charge applied automatically, based on rules you set.
- The sale flips to "Paid" the moment every instalment clears — no manual reconciliation.
- Every overdue instalment shows up automatically in Payment Follow-up, so nothing gets forgotten.
Offer EMI with confidence — Nixie handles the entire instalment lifecycle for you. Start free for 7 days.