Which Credit cards are allowing Pre-closure of EMI without any Charges/Nominal fees

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Deal Subedar
TheCommonMango

On Which bank cards We will getting Extra cashback benefits on EMI ORDER & NO CHARGES or levying Nominal charges ON PRE-CLOSURE of EMI?

Which Banks are allowing Pre-closure of EMI without any Charges/Nominal charges

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Deal Cadet Deal Cadet
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@manehari

What about charges ?

Wingman Wingman
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@vinkum No charges if cancel before statement date. All are reversed.
Got 2%  cashback rewards too for the cancelled transaction on my Axis Ace card. Last did this around June 2023
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Generous Generous
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ICICI

Wingman Wingman
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Tried ICICI, HDFC and Axis

Deal Cadet Deal Cadet
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Process for axis emi preclosure ?

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Generous Generous
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Kindly update for Yes & CITI also , if anyone has the info

Helpful Helpful
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for CITI, you have to call citi customer care then they will connect you to emi closure team to complete the request.
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Beacon Beacon
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anyone knows about AMEX ? Do they allow free cancellation before statement generates ?
Deal Cadet Deal Cadet
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Any info on AMEX?

Deal Cadet Deal Cadet
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What about sbi?

Deal Cadet Deal Cadet
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Does EMI cancellation work with Citi?

Deal Subedar Deal Subedar
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Yes

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Deal Lieutenant Deal Lieutenant
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anyone please share about ICICI experience

replyuser
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