Here is how the billing cycle works assuming the month is July:
1. You make transactions between 1st of July to 31st of July.
2. Your bill gets generated on 1st of August. This bill will include all your transactions in the month of July.
3. You can slice the bill into EMIs till 5th of August and then repay.
For instance, any order placed on 1st July or even on 31st July, it will get billed and the same needs to be repaid by 5th August.