Is HDFC Emi cancellation trick is still working? (Flipkart order)

[muzan_21]

Please confirm thanks

 

[D₹V]

Please confirm thanks

Y e s

 

[LordPSN]

Whats the trick?

 

[KLB@96]

explain trick pls

 

[Piyush_Jaiswal]

The trick is to buy product on EMI and not to pay back EMIs

Enjoy any product for free

just kidding. the trick is no cost emi discount

 

[rakhi]

Emi trick working in Amazon?

 

[D₹V]

Y e s

 

[Batmanbaba]

The trick works but now hdfc charges for cancellation... Earlier it was free.. Currently only icici and axis are giving free cancellation of emi.....

 

[Alex292929]

They are not charging pre closure for me

 

[Batmanbaba]

View attachment 66637
They are not charging pre closure for me

Look the pro rara intrest and gst on it... The more the days from last statement... The more that amount will be
I was talking about that amount

 

[Alex292929]

Look the pro rara intrest and gst on it... The more the days from last statement... The more that amount will be
I was talking about that amount

Understood. It’s surprising how much interest has accumulated in just one day.

 

[MrKant]

So not even worth try during this bbd

 

[Alex292929]

So not even worth try during this bbd

it is if they dont charge you 3%

 

[invisible]

Do I have to pay the full canceled EMI tomorrow if I cancel today, or should I wait until the credit card bill statement is generated?

 

[Alex292929]

Its upto you. You can pay once the bill is generated

 

[Alex292929]

did they charge 3%?

 

[invisible]

Its upto you. You can pay once the bill is generated

As per email "Next steps for you:
1. ??Kindly make the payment on the next day of the preclosure date. (For e.g. if the preclosure is done on 27th April, make your payment on 28th April??)
2. Preclosed Loan Amount of Rs:
Please note that unpaid dues/EMI from the latest statement is payable separately and is
not included in the preclosure outstanding."

For this transaction, no.

 

[devsfinance]

I just bought something on flipkart with No Cost EMI but it seems when I try to do foreclosure I am not getting any discount compared to what I will pay if I complete full tenure (no charges for me as well just some GST and interest) not sure if I am calculating wrong or what?

 

[Alex292929]

can you share a screenshot of mycards website

 

[devsfinance]

can you share a screenshot of mycards website

Not able to login atm not sure why(seems like my friend isn’t receiving OTP) but it’s almost same as your just the amount is different(I am assuming you meant linked EMI )