Hdfc emi transaction cancellation

[balramrexwal01]

Hi ,

I am planning to buy a laptop from hdfc card from amazon.
Laptop price:73990
Hdfc discount on 12 emi :4000
Interest rate :16 percent
Total payable amount: 76200 around
Amount block on card :69990

What if i placed order with emi and after successfully delivered,
Can i cancel emi of hdfc card within 30 days?
Will processing fee reversed on cancelling emi?
Will interest also reversed on card?
To get emi discount

 

[GURUWALKE]

Hi ,

I am planning to buy a laptop from hdfc card from amazon.
Laptop price:73990
Hdfc discount on 12 emi :4000
Interest rate :16 percent
Total payable amount: 76200 around
Amount block on card :69990

What if i placed order with emi and after successfully delivered,
Can i cancel emi of hdfc card within 30 days?
Will processing fee reversed on cancelling emi?
Will interest also reversed on card?
To get emi discount

No... They will not cancel Emi they will foreclose ur account with 3% Fc Charges. . still u will charge for processing fee n gst.

 

[balramrexwal01]

No... They will not cancel Emi they will foreclose ur account with 3% Fc Charges. . still u will charge for processing fee n gst.

Similar thing, i have done on icici card purchase from croma,
Product price 105000.
Done emi transaction to get 5000 cashback and interest amount also discounted from croma side i.e around 5000.

Total get rs.10000 discount, after 10 days i cancel emi on icici and all charges are reversed, only pay outstanding i.e 95000.

Same, i kinda apply here on hdfc cc.

 

[GURUWALKE]

ICICI cancel Emi n refund processing fee and all ... But not HDFC .

 

[apt]

any other bank