ICICI No Cost EMI Foreclosure

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Last Comment 2022-09-30

2022-08-08

I bought a laptop worth 50k at Flipkart using ICICI No Cost EMI and it gave me a upfront discount of 2747.

If I do EMI foreclosure, would I get a discount of 2747 or would I need to pay the entire 50k?

P.S. Final statement for this month has not been generated yet.

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https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621404

caks2006407

2022-08-08

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bftb wrote:
What shall I say about the reason for EMI cancellation if they ask?

they won't ask; say u got full money now so no need of EMI

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https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621025

sauravDD

2022-08-08

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If you cancel emi within 15/17 days if txn You will be charged 0 ( All Processing Fee will be reversed) and you will get benefit of discount

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621064

--AJ--

2022-08-08

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sauravDD wrote:
If you cancel emi within 15/17 days if txn You will be charged 0 ( All Processing Fee will be reversed) and you will get benefit of discount

Are you sure?

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621068

Tjs15

2022-08-08

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sauravDD wrote:
If you cancel emi within 15/17 days if txn You will be charged 0 ( All Processing Fee will be reversed) and you will get benefit of discount

even if the statement is generated within those 15 days? who should we contact for the same, any email id?

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621108

sauravDD

2022-08-08

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Tjs15 wrote:
even if the statement is generated within those 15 days? who should we contact for the same, any email id?

Contact customer care

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621109

sauravDD

2022-08-08

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--AJ-- wrote:
Are you sure?

Yes cancelled Multiple time in past 2-3 month

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621131

bftb

2022-08-08

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sauravDD wrote:
Yes cancelled Multiple time in past 2-3 month

How to avail the offer and then cancel. Can you please explain the process?

Nowadays EMI discounts are max and it will be beneficial to know to use sometimes.

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621137

sauravDD

2022-08-08

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bftb wrote:
How to avail the offer and then cancel. Can you please explain the process?

Nowadays EMI discounts are max and it will be beneficial to know to use sometimes.

Place order and after 3 days call cc and tell them to cancel emi they will take one SR and will be cancelled same day

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621149

--AJ--

2022-08-08

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sauravDD wrote:
Yes cancelled Multiple time in past 2-3 month

Great, will try next time.

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621169

bftb

2022-08-08

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sauravDD wrote:
Place order and after 3 days call cc and tell them to cancel emi they will take one SR and will be cancelled same day

What shall I say about the reason for EMI cancellation if they ask?

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621404

caks2006407

2022-08-08

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bftb wrote:
What shall I say about the reason for EMI cancellation if they ask?

they won't ask; say u got full money now so no need of EMI

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8621656

sauravDD

2022-08-09

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bftb wrote:
What shall I say about the reason for EMI cancellation if they ask?

You can simply say I want to pay full Amount hence Closing EMI .

Or any Reason Like processing Fee Is more and ....

As they ask just for formality

https://www.desidime.com/discussions/icici-no-cost-emi-foreclosure?page=1#post_8650484

Knight11

2022-08-26

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sauravDD wrote:
You can simply say I want to pay full Amount hence Closing EMI .

Or any Reason Like processing Fee Is more and ....

As they ask just for formality

Does it work with sbi also?