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Usually, in the case of ICICI, you can call customer care and cancel the emi.How to cancel no cost emi on a merchant transaction but get the interest as discount. For example, etailers give interest as discount upfront. How to retain that while cancelling the emi.
Foreclosure charges are there upto 3%(+GST maybe)Usually, in the case of ICICI, you can call customer care and cancel the emi.
With icici and axis.... No foreclosure charges.... If done within 15 days of transactionForeclosure charges are there upto 3%(+GST maybe)
On cancellation, hdfc is recovering full amount along with no cost emi discountWhat about hdfc?
I did it last month.... But nothing as such happened...... Even gst and procesing fees was reversed..... The point is u have to do it within 15 days.... I have experience of axis, icici and hdfc... Nothing was charged...On cancellation, hdfc is recovering full amount along with no cost emi discount
Did you get the no cost emi discount after cancellation or did they recover full amountI did it last month.... But nothing as such happened...... Even gst and procesing fees was reversed..... The point is u have to do it within 15 days.... I have experience of axis, icici and hdfc... Nothing was charged...
They only sought amount that was deduction from card.... The upfront discount( no cost emi ) given on flipkart was not deducted....Did you get the no cost emi discount after cancellation or did they recover full amount
I spoke to the CC now and they mentioned if it is a merchant emi, there are no charges, you only pay the principal and the pro rata interest plus gst on the interest.I did it last month.... But nothing as such happened...... Even gst and procesing fees was reversed..... The point is u have to do it within 15 days.... I have experience of axis, icici and hdfc... Nothing was charged...
Foreclosure charge for icici after 15 days???With icici and axis.... No foreclosure charges.... If done within 15 days of transaction
I couldn't find any documents regarding itForeclosure charge for icici after 15 days???
If done within 15 days.... U only have to pay principal amount... Even processing charges and gst is reversed... I have done for axis, hdfc and icici in last 2 months...I spoke to the CC now and they mentioned if it is a merchant emi, there are no charges, you only pay the principal and the pro rata interest plus gst on the interest.
Was it on Amazon Flipkart?If done within 15 days.... U only have to pay principal amount... Even processing charges and gst is reversed... I have done for axis, hdfc and icici in last 2 months...
Yes.... I have done on both....Was it on Amazon Flipkart?
How much % did they charge for emi cancellation?I tried to cancel my merchant emi they are saying to pay only pay the principal and the pro rata interest plus gst on the interest. That's weird ICICI does reverse all the charges if it's within 15 days. But hdfc is charging the interest till the day of cancellation
18602676161 / 18002026161How much % did they charge for emi cancellation?
Batmanbaba What's the HDFC customer care number? Have to go through this tomorrow.
How did you cancel your EMI? By contacting CC or through mycards?If done within 15 days.... U only have to pay principal amount... Even processing charges and gst is reversed... I have done for axis, hdfc and icici in last 2 months...