Home Loan Payment on Mobikwik

[ashwinsid]

Registered on Mobikwik (after all these years!!) and saw there is an option to pay home loans with credit card?!

Anyone here has experience with this feature?

 

[Tejo]

Registered on Mobikwik (after all these years!!) and saw there is an option to pay home loans with credit card?!

Anyone here has experience with this feature?

You can pay via your credit card with the convinience fee.

Several members in TF paid home loan, loans, ... emi's

 

[TJ90]

Wow,

You can pay via your credit card with the convinience fee.

Several members in TF paid home loan, loans, ... emi's

😮 I didn't know this.

 

[V360]

You can pay via your credit card with the convinience fee.

Several members in TF paid home loan, loans, ... emi's

How is it possible - is ECS not mandated for such loans?

 

[ashwinsid]

How is it possible - is ECS not mandated for such loans?

Thats what I am wondering...how does it work.

 

[Tejo]

How is it possible - is ECS not mandated for such loans?

If you set up ECS ...... then the amount will be deducted from bank ac on due* date

But you can also pay earlier just by using bbps or just pay loan ac number like the fund transfer.

 

[C_R]

If you set up ECS ...... then the amount will be deducted from bank ac on due* date

But you can also pay earlier just by using bbps or just pay loan ac number like the fund transfer.

won't it become double payment then?

 

[Tejo]

won't it become double payment then?

If the txn settlement before the due date. The amount on due date will not be debited ..... for bbps only, for non-bbps I'm not sure.