Clarification on HDFC No-Cost EMI for Flight Booking

[Maitri_Maniya]

I’m planning to book a flight ticket from Bangalore to Surat using HDFC No-Cost EMI, which offers a ₹1000 instant discount.

I want to know:

1. Are there any additional charges like processing fees, interest, or GST included with No-Cost EMI?
2. Can I cancel the EMI within 1-2 days if needed? What would be the refund process in such a case?
3. How much extra would I need to pay overall if I choose No-Cost EMI with my HDFC credit card?

 

[Anupama_Jha]

I’m planning to book a flight ticket from Bangalore to Surat using HDFC No-Cost EMI, which offers a ₹1000 instant discount.

I want to know:

1. Are there any additional charges like processing fees, interest, or GST included with No-Cost EMI?

Yess. ₹199+18% gst = ₹235 processing fee.
Gst charged extra on interest part.

1. Can I cancel the flight within 1-2 days if needed? What would be the refund process in such a case?

Refund would came as per airlines or agent policy. But if 100% refund, then exact same amount what deducted while booking.

1. How much extra would I need to pay overall if I choose No-Cost EMI with my HDFC credit card?

₹235 processing fee and some gst. Depends upon tenure

Pro Tip: Book with max no cost emi tenure and after 2-3 days, when trxn gets settled and converted to EMI, call HDFC for emi closure and u will be charged only ₹35 which is processing fee.

Pls mark as solution if helpful.

 

[Maitri_Maniya]

Yess. ₹199+18% gst = ₹235 processing fee.
Gst charged extra on interest part.


Refund would came as per airlines or agent policy. But if 100% refund, then exact same amount what deducted while booking.


₹235 processing fee and some gst. Depends upon tenure

Pro Tip: Book with max no cost emi tenure and after 2-3 days, when trxn gets settled and converted to EMI, call HDFC for emi closure and u will be charged only ₹35 which is processing fee.

Pls mark as solution if helpful.

i called customer care. they will charge 3% Pre Closure Fee
this is what i found on the website also

 

[Anupama_Jha]

i called customer care. they will charge 3% Pre Closure Fee
this is what i found on the website also

Tell them to cancel the EMI not close.

Say, I mistakenly chose emi option on payment page.

 

[Anupama_Jha]

Tell them to cancel the EMI not close.

Say, I mistakenly chose emi option on payment page.

Btw, I heard that no cost emi closure trick doesn't work anymore. So might be.........