BBD and GIF deals thread

[SSV]

So, you will cancel the Debit EMI ???

Keep us updated about DCEMI cancellation Procedure

Actually, thinking of not closing...Why

1) I want to keep it for about 3 months until I get a better Credt Card offer.
2) I found a way ,with out cancellation we can get the benefit.. I read somewhere here, that, if we just prepay the loan without forclosing the loan..
so that we wont need to pay anything and it wont dedcut any EMI.until the 18 months is finished.

I am thinking of doing this.. what do you say?

See here @NShah was claiming we wont get charged for EMI monthly if we fully pay the full loan amount and not foreclose...

@NShah , could you please confirm? will this be applicable on Debit Card EMI as well??

Paying Debit card emi through Mobikwik

I have a debit card emi for a laptop purchase on my hdfc platinum debit card(was on accident, I thought I had selected my cc on amazon but it was actually my dc, silly ik). My question is, can I pay this emi through Mobikwik using the same platinum debit card to avail 1% cashback or would that...

www.technofino.in

 

[VISHESH_BANSAL]

Actually, thinking of not closing...Why

1) I want to keep it for about 3 months until I get a better Credt Card offer.
2) I found a way ,with out cancellation we can get the benefit.. I read somewhere here, that, if we just prepay the loan without forclosing the loan..
so that we wont need to pay anything and it wont dedcut any EMI.until the 18 months is finished.

I am thinking of doing this.. what do you say?

Its DC EMI.

Last year I availed it.

Soon You will See a Seperate Card number , especially generated for DC EMI Loan in HDFC MOBILE APP under Credit Card Tab.

It will deduct First Instamallent and Processing Fee on 5th of next month and then every month , installments will be deducted automatically on 05th of every Month.

You can not Prepay in Case of HDFC DC EMi, since Funds will be debited from your Savings Account directly on every 05th of the month🤣

You have to Either Foreclose/Cancel it for Payment in one Shot.

Now , after few days when it starts reflecting in Mobile App, contact Customer Care over the call and ask them , what type of closure they are offering i.e, Foreclosure or Cancellation.

 

[SSV]

Its DC EMI.

Last year I availed it.

Soon You will See a Seperate Card number , especially generated for DC EMI Loan in HDFC MOBILE APP under Credit Card Tab.

It will deduct First Instamallent and Processing Fee on 5th of next month and then every month , installments will be deducted automatically on 05th of every Month.

You can not Prepay in Case of HDFC DC EMi, since Funds will be debited from your Savings Account directly on every 05th of the month🤣

You have to Either Foreclose/Cancel it for Payment in one Shot.

Now , after few days when it starts reflecting in Mobile App, contact Customer Care over the call and ask them , what type of closure they are offering i.e, Foreclosure or Cancellation.

Okay thanks for the insights... I will let you guys know , what is going to happen...
If there is no option to pay fully later after 3 months, then I will opt for cancellation in the next few days only...

 

[SSV]

Its DC EMI.

Last year I availed it.

Soon You will See a Seperate Card number , especially generated for DC EMI Loan in HDFC MOBILE APP under Credit Card Tab.

It will deduct First Instamallent and Processing Fee on 5th of next month and then every month , installments will be deducted automatically on 05th of every Month.

You can not Prepay in Case of HDFC DC EMi, since Funds will be debited from your Savings Account directly on every 05th of the month🤣

You have to Either Foreclose/Cancel it for Payment in one Shot.

Now , after few days when it starts reflecting in Mobile App, contact Customer Care over the call and ask them , what type of closure they are offering i.e, Foreclosure or Cancellation.

Actually this is my first EMI transaction..
I never did CC EMI or DC EMI..

I chose this DC EMI mainly because of the Pre-approved CC offer.. I am expecting a better CC offer now..

 

[VISHESH_BANSAL]

Okay thanks for the insights... I will let you guys know , what is going to happen...
If there is no option to to pay fully later after 3 months, I will opt for cancellation in the next few days only...

You can pay in full any time but you have to request for cancellation/Foreclosure.

You are thinking to keep to active for 3 months, after three Months only Foreclosure is possible and you have to Pay 3-4% of Current outstanding at that time.

Why to pay 3-4% unnecessarily ???

and In first 3 EMI you also pay interest.

Do not dig a pit for yourself🤣

 

[SSV]

You can pay in full any time but you have to request for cancellation/Foreclosure.

You are thinking to keep to active for 3 months, after three Months only Foreclosure is possible and you have to Pay 3-4% of Current outstanding at that time.

Why to pay 3-4% uncessarily ???

and In first 3 EMI you also pay interest.

Do not dig a pit for yourself🤣

I understand what you are saying..

You said another account will be created for this consumer durable loan showing the outstanding balance everymonth..
Can we not pay in to this account manually ??

 

[VISHESH_BANSAL]

I understand what you are saying..

You said another account will be created for this consumer durable loan showing the outstanding balance everymonth..
Can we not pay in to this account manually ??

Yes, you can pay from HDFC App.

but this will just create a Negative Balance in that Account and Future EMIs will get adjusted from that Balance and any remaining Amount will Hit your Savings Account on 05th of Every Month.

Furthe EMIs will include interest too and may be GST on Interest. So You will lose the NCEMI discount of 5k, if you continue with EMI.

I am not sure on GST part, since I do not remember , whether it was charged in my case or not.

 

[harsh1387]

@harsh1387 and others...

At the end, Bought Sony 55 inch X74K for 42,857 (including NCEMI discount of 5,632) on HDFC Debit Card No Cost EMI...

I think it is a good deal...

I bought it thru Cash Karo which is giving 2.5% back i.e. around 1K back...
I bought it on your favorite, Amazon....

What do you guys think ? is it a good deal??

View attachment 33069
View attachment 33070

Excellent deal if your NCEMI on debit card gets cancelled. Even if it's not cancelled and you continue the emi still makes it a very good deal. Congrats 👍

 

[SSV]

Excellent deal if your NCEMI on debit card gets cancelled. Even if it's not cancelled and you continue the emi still makes it a very good deal. Congrats 👍

Thank you ,
As you said even without NCEMI benefit also it is a great deal..
I will get extra 1k from CK
And also my previous TV with black marks I sold it to some local vendor for 3k..
All in all I got a great deal..
Thanks again for suggesting this TV..

 

[SSV]

Excellent deal if your NCEMI on debit card gets cancelled. Even if it's not cancelled and you continue the emi still makes it a very good deal. Congrats 👍

You said before this BBD sale, it was going for 53k offline..
I still think we can get this offline for 51 or 52 k.. considering that, its a great deal

 

[harsh1387]

You said before this BBD sale, it was going for 53k offline..
I still think we can get this offline for 51 or 52 k.. considering that, its a great deal

53k offline was for X75L.
X74k was available for 46k in Prime day sale in June as well.

Anyways, doesn't matter. You got a good tv at a good deal.

 

[SSV]

53k offline was for X75L.
X74k was available for 46k in Prime day sale in June as well.

Anyways, doesn't matter. You got a good tv at a good deal.

Off topic, do you still want to buy iPhone 14+
If you have sbi cb card you will get it around 60.5 k

 

[harsh1387]

Off topic, do you still want to buy iPhone 14+
If you have sbi cb card you will get it around 60.5 k

I am inclined towards 15+ now that's why didn't get 14 plus when BBD started. Somehow 14+ didn't seemed an upgrade over my 13 but 15+ feels like an upgrade. Lessem

 

[SSV]

I am inclined towards 15+ now that's why didn't get 14 plus when BBD started. Somehow 14+ didn't seemed an upgrade over my 13 but 15+ feels like an upgrade. Lessem

OK, no problem..then wait for deal on 15+

 

[ashwinkashwink is verified member.]

Here are more details....about DCEMI..

Recieved these two , SMS s in this process.
It means, A consumer durable loan accont will be opened.. and my Easy EMI was charged with 42K and showing the remaining balance in my Easy EMI...
Nothing is debited as of now...
This is for DCEMI enthusiasts...

View attachment 33071

View attachment 33072

You have hidden your otp not last 4 digits of your card 🤭😛😂

 

[shrewdoc]

Its DC EMI.

Last year I availed it.

Soon You will See a Seperate Card number , especially generated for DC EMI Loan in HDFC MOBILE APP under Credit Card Tab.

It will deduct First Instamallent and Processing Fee on 5th of next month and then every month , installments will be deducted automatically on 05th of every Month.

You can not Prepay in Case of HDFC DC EMi, since Funds will be debited from your Savings Account directly on every 05th of the month🤣

You have to Either Foreclose/Cancel it for Payment in one Shot.

Now , after few days when it starts reflecting in Mobile App, contact Customer Care over the call and ask them , what type of closure they are offering i.e, Foreclosure or Cancellation.

ICICI used to report DCEMI as a separate account in CIBIL. Does HDFC also do the same?

 

[NShah]

ICICI used to report DCEMI as a separate account in CIBIL. Does HDFC also do the same?

Yes
Consumer Durable loan

 

[ashwinkashwink is verified member.]

ICICI used to report DCEMI as a separate account in CIBIL. Does HDFC also do the same?

Y e s separate.

 

[VISHESH_BANSAL]

ICICI used to report DCEMI as a separate account in CIBIL. Does HDFC also do the same?

For My Last Year HDFC DC EMI txn, No Loan Entry in any of the Credit Bureau

 

[SSV]

You have hidden your otp not last 4 digits of your card 🤭😛😂

He he …
So you can see the last 4 digits of my DC??
Check again please??

😛😛