Axis no cost emi cancelation

[tanvi]

I am planning to purchase a product from amazon using no cost emi want to know
1)will I be charged after I cancel emi
2)whether I will get 1.5% cashback on FK card
3)will I receive grabdeal cashback

 

[Farhad sekh]

+1 . .

 

[Abhi5467]

Fellow TFCians,
How to cancel No Cost EMI on IndudInd credit card?
Is there any option in app or have to contact bank?
Which charges will be incurred and when will be able to cancel?
Transaction date : 25 May 2024

 

[Shin-Chan]

Fellow TFCians,
How to cancel No Cost EMI on IndudInd credit card?
Is there any option in app or have to contact bank?
Which charges will be incurred and when will be able to cancel?
Transaction date : 25 May 2024

can be done via contacting customer support
3-4% foreclosure charges will be there.

 

[Abhi5467]

can be done via contacting customer support
3-4% foreclosure charges will be there.

Hey Thank you for replying.
Is there any specific number for this purpose.
How many days I have to wait to cancel the EMI , it's currently showing pending and transaction date in today only.

 

[Shin-Chan]

I do not have first hand experience cancelling an EMI in first month I closed a 9 month EMI on 3rd month and was charges 3% foreclosure+whole month interest(+GST).
CC customer care number on back of card should suffice !!


Do clarify everything before cancelling as banks are becoming more and more tricky to deal with

 

[MVC]

I am planning to purchase a product from amazon using no cost emi want to know
1)will I be charged after I cancel emi
2)whether I will get 1.5% cashback on FK card
3)will I receive grabdeal cashback

Any one who can help me with this in this same dilemma

 

[praful47]

Any one who can help me with this in this same dilemma

Processing fee and gst would be charged .
Also foreclosure charges may be applicable not sure .
Grabdeals cashback you will surely get .
5% unlimited cashback not sure but you might get .

 

[MVC]

And the emi discount?

 

[Hemang]

Bhai anyone knows how to avail no cost emi discount and then cancel the same in axis cards ? If yes kindly guide.

 

[brightknight]

Bhai anyone knows how to avail no cost emi discount and then cancel the same in axis cards ? If yes kindly guide.

Got answer? Have same doubt

 

[Hemang]

Got answer? Have same doubt

Mene to krke hi dekha tha. Diwali pe LG ke showroom se fridge aur washing machine li thi alag alag card se. 35500 ka axis Flipkart use kra tha.
Offer discount sirf no cost emi pe tha, not on instant payment.
No cost emi 3 months ki krayai.
Fir next day customer care ko call karke axis me, cancel krayi EMI.
By chance statement generate ho gayi thi tb tk, to EMI bhi ni bani aur lumpsum payment next month me bani, so for full month I didn't had to pay that amount.
Cherry on cake ye tha ki 1% jo offline payment pe aata hai vo bhi mila 1 month baad. All the charges processing, GST everything was reversed.