EMI Cancellation query

EMI Cancellation query

22°
Jim moriarty
Deal Cadet
60
190
4

Can I cancel EMI on credit card after buying a product on EMI?


Is it possible in SBI cards, I have heard on the forum that it is possible on Yes Bank cards.

5 Comments  |  
4 Dimers
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Deal Subedar
185
1071
16

In fact not possible on yes cards. They asked me to pay foreclosure fees. I have done this on ICICI cards for free of cost

Johnny sins approval
Deal Cadet
96
933
23
dummyuser wrote:

In fact not possible on yes cards. They asked me to pay foreclosure fees. I have done this on ICICI cards for free of cost

For ICICI, What if I cancel EMI for no cost emi purchase? Will I get the full benefit of upfront discount provided by merchants as no cost emi discount???

Missing
Deal Subedar
185
1071
16
Expand
Sins1995 wrote:

For ICICI, What if I cancel EMI for no cost emi purchase? Will I get the full benefit of upfront discount provided by merchants as no cost emi discount???

a big YES, tried and tested smiling_imp

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