Sometimes hdfc debit card EMI gives better discount in comparison to Credit card EMI, before considering debit card EMI cancellation what charges should we keep in mind? Note that I am referring to regular EMI, not no cost EMI. This thread conclude that approx 3.5% preclosure charges should consider for HDFC credit card if we preclose No cost EMI, but what about normal EMI? Can someone explain the difference between preclosure and cancellation of EMI and their treatment.