https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8792098
Pikachu_1
Link Copied
@insta @Fanil @guest_999 @getready
No cost emi query!
- 1698
- 22
-
- Last Comment
I have hdfc credit card through which I ordered from Flipkart and availed no cost emi discount.I want to know that if I will cancel emi what are foreclosure charges and processing fee will be reversed?
I have seen many dimers doing it so pls tell procedure of doing this process.
TIA
I have seen many dimers doing it so pls tell procedure of doing this process.
TIA
Expired
21 Comments
|
10 Dimers
- Sort By
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8792221
No experience with HDFC but if there are foreclosure charges as per card mitc then they won't get reversed (Processing fee is a must even for cards with no foreclosure charges like ICICI)
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8792240
You forgot to tag, No cost Emi expert. @Mayavi
AFAIK, only icici is not charging for foreclosure while hdfc charges for it.
AFAIK, only icici is not charging for foreclosure while hdfc charges for it.
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8792319
I know only for ICICI. Still it's free of cost and all fees will be reversal.
AFAIK, axis have same procedure with free of cost for cancelling EMI.
For other bank cards, better always check with customer care/ check in their site.
AFAIK, axis have same procedure with free of cost for cancelling EMI.
For other bank cards, better always check with customer care/ check in their site.
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8792583
Bro first ask for emi cancellation.. if they give it will have almost no to very little charges.
If they say emi cancellation is not available, then the charges will be there.. it will be depending on the no of days from statement and emi interest.. eg say that your interest is 600 and it's 20 days from previous statement then you will be charged 600/30 * 20 = 400 as pro rata charges. Of course gst is additional. This is what I've seen so try it.
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8796938
I made purchase on 26th October and today called them.They quoted 1% of amount and gst for emi closure.
View 5
more replies
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_8976860
Anyone tried emi cancelation on hdfc cc? What charges?
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_9021925
@Mayavi can you confirm currently working foreclosure emi working on icici.
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_9021998
For ICICI, it's working fine til now.
Other cards I don't have personal experience..
View 5
more replies
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_9032346
Hdfc has 250 plus 2-3 days interest which it takes to convert to EMI. I was charged 292 for 64k amount. Hdfc takes around 2-3 days to convert to EMI so interest for those 3 days is charged.
https://www.desidime.com/discussions/no-cost-emi-query?page=1#post_9035577
Don't we have to pay preclosure amount immediately in HDFC?
Click here to reply
Reply
