cc enjoyer
TF Buzz
Planning to buy a item worth 50k offline from a dealer shop. Can I cancel the no cost emi after making the payment? Also, which bank CC is best for this process?
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Does no cost emi cancel trick work on offline stores?
- Thread starter cc enjoyer
- Start date
hdfc, but dont placer oder if statement genration is near.
Axis, as they revered the gst as well multiple times for me.
Are you talking about Aditya vision or something related ?
On their POS machine, they will show you eligible cards and discounts accordingly.
Choose HDFC, Axis, BOB if available.
SBI card doesn't work on this trick, same goes for RBL also
Aniket
TF Legend
Everything gets reversed even processing fees and GST, when cancelled within 15 days. Better to cancel within 4-5 days.
I never tried offline emi
VISHESH_BANSAL
TF Pioneer
When EMI conversion Reflects in unbilled then Call and Cancel.
Depending on Bank they will either Give Cancellation option or Foreclosure Option
Reversal of Charges associated with EMI Conversion also vary Bank to Bank.
Directly Call Bank Customer Care and ask the same. They will give you upto date information.
JigmeKhesar
TF Buzz
hello, does it work with the Amazon Pay ICICI card for cashback @ 1%? i have a big purchase for which i am considering Croma or Reliance Digital and the offers are available only with no cost EMI or minimum 3 months EMI.
MrKant
TF Premier
Yes it will work just cancel emi by calling cc
Swipe machine deduct full amount or deduct full amount - interest discount = loan amount .?
Swipe machine was pine labs?
I am also trying to buy with no cost emi in reliance digital store. But in reliance pone lab swipe machine deduct full amount from my HDFC card and did not give me interest discount instant.
If you check the payment slip which gets generated after payment, it should show the interest as cashback..
Alex292929
TF Premier
Offline trick working for me on HDFC.
42500 Total Amt with Int. (Initially Debited)
EMI Amt. 7082 x 6
Principal Amt. 40693
Called and canceled the EMI (not forclosed)
Payable Amt. 40693 + GST on Processing Fees
Saved Around 1750₹
42500 Total Amt with Int. (Initially Debited)
EMI Amt. 7082 x 6
Principal Amt. 40693
Called and canceled the EMI (not forclosed)
Payable Amt. 40693 + GST on Processing Fees
Saved Around 1750₹
I recently bought mobile offline. Called today to cancel and it was accepted. Customer care said processing fee of 199/- will be reversed also, but GST on processing fees will not be reversed (ideally it should because I am not availing the service). Saved around 1100 rupees by this. Although I think I won't get points.
Alex292929
TF Premier
you will get the points.
Which company swipe machine was?
And full amount emi me kab convert hogi? And convert hone ke baad kya amount rehti hai block?
Kab emi cancel karna hai?
Mene pine lab me swipe Kiya to reliance Wale bol rahe hai ki emi interest 3 month baad ayega card me wapas
Cashback after 90 day vapas ayega