Avoid SBI Credit Card Emi foreclosure charges and Gst

[needadvice]

Due to certain medical emergency, I had to use total credit limit of my sbi credit card I. E. 2.25 lakh. Current out standing of around 1.94 Lakhs. With an intention of paying,I got it converted into emi's.
Now I want to close the emi's and pay the full amount but the foreclosure charges I. E. Is 3℅ & gst is quite hefty.
Is there a way to avoid these and pay full sum without getting card closed???
Please suggest.

 

[ShavirB]

You can try and negotiate with the Bank but I highly doubt they'll agree to waive this

 

[needadvice]

They didn't!!!

 

[abhimarda]

They didn't!!!

I thought so as well that they will not. Still see if it is worthwhile to foreclose as you will still be paying 10-12% otherwise if you continue.

 

[BHAVESHKESWANI]

Due to certain medical emergency, I had to use total credit limit of my sbi credit card I. E. 2.25 lakh. Current out standing of around 1.94 Lakhs. With an intention of paying,I got it converted into emi's.
Now I want to close the emi's and pay the full amount but the foreclosure charges I. E. Is 3℅ & gst is quite hefty.
Is there a way to avoid these and pay full sum without getting card closed???
Please suggest.

Credit cards are like One-way. Once you enter the trap then you can not clear it's mechanism easily.