No Cost EMI - Cancellation - All Banks - Master Wiki

[Hope]

hdfc is charging pre-closure 3% with gst + interest for days until emi cancellation with gst. So I dropped the plan to cancel the hdfc ncemi.

Now I have purchased a product with ICICI NCEMI, want to cancel this emi, can anybody confirm the latest information on any charges on cancelling the emi

No charges on icici

 

[honey_jpr]

No charges on icici

Should I deposit the amount to make the outstanding to -ve or wait for emi to generate

 

[Hope]

Should I deposit the amount to make the outstanding to -ve or wait for emi to generate

No just call customer care and ask for emi cancellation they will do and all charges will be reversed

 

[VISION]

Should I deposit the amount to make the outstanding to -ve or wait for emi to generate

no need , just call customer care and request for emi cancellation they will process full amount+gst.
only condition is it should be within 15days of emi conversion for without any charges.