I have made a purchase on samsung website using HDFC credit card no cost EMI yesterday evening.
1.any idea how to cancel emi and pay full amount now.
2.not showing under unbilled transactions list now. Any idea when it shows there
tried calling up RM but didnt understand what she was trying to tell me. If possible can someone explain it here. When can i preclose that before being converted to EMI
Thanks
it will appear after 2-3 days, you will see 199+GST processing charges also in unbilled
then u call CC and request them to pre-close;
they will ask u to pay total outstanding+this FullAmount same day
caks2006407 wrote:it will appear after 2-3 days, you will see 199+GST processing charges also in unbilled
then u call CC and request them to pre-close;
they will ask u to pay total outstanding+this FullAmount same day
Thanks a lott❤️
Wait for a couple of days then under loans in cards section you'll see the no cost emi amount. Now call the customer care and tell them that you'd like to cancel the NCEMI. Once they give you confirmation on how much you need to pay(some pre closure charges but nowhere close to the 3% on the outstanding amount) that within 2 days.
The whole process should be smooth.
caks2006407 wrote:Correct.it will appear after 2-3 days, you will see 199+GST processing charges also in unbilled
then u call CC and request them to pre-close;
they will ask u to pay total outstanding+this FullAmount same day
MrKool_JJ wrote:
Correct.
Why to cancel it?
As he said, all ccs txns take about 2-3 days to reflect in your account...
They will charge you 199+GST for your whole tenure and really would be beneficial for you if the discount captured via no cost emi was more than usual...
Used my frnd credit card to buy product😅.
It would be beneficial for you if the discount captured via no cost emi was more than usual...
caks2006407 wrote:it will appear after 2-3 days, you will see 199+GST processing charges also in unbilled
then u call CC and request them to pre-close;
they will ask u to pay total outstanding+this FullAmount same day
It reflected after 2 days. Funny thing is Billing date is yesterday. They charged 1 EMI to current cycle. Asked them to preclose it today morning.
preclosure charged were 0 and interest of 45 Rs + GST was levied on 98000 (kept 18 months No cost EMI)
So finally Net Benefit after all these resulted in 16000.
MrKool_JJ wrote:It would be beneficial for you if the discount captured via no cost emi was more than usual...
18 months No cost emi on amount of 1.2L
after cancelling emi
Got net benefit of 16K
