Can I foreclose my HDFC credit card EMI?

How do I cancel my HDFC credit card EMI?

How to Cancel or Close an HDFC Credit Card?

  1. By calling Helpline Number: HDFC Bank credit card holders can cancel their credit cards any time by calling the toll-free number 61606161/6160616. …
  2. Carholders can download the Credit Card Closure Form from and fill it up.

How does HDFC foreclose EMI?

Steps for the HDFC Personal Loan Pre-Closure or Pre-Payment Process

  1. You will first have to get in touch with a bank representative from HDFC Bank and express your interest in pre-paying your HDFC Personal Loan.
  2. Next, you can make the pre-payment by releasing a cheque or a demand draft at any HDFC Bank branch.

Can I pay all EMI of credit card at once HDFC?

Can I Pay All The EMI at Once at HDFC? Whether you have taken a personal loan, home loan, car loan, or any other loan product from HDFC, the bank allows you to repay the remaining EMIs at one go. … Repaying all EMIs at once is known as pre-closing the loan account.

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Can I foreclose my credit card EMI?

Ans : The EMI amount is billed to you each month as per EMI scheme tenure, and will always be a part of Minimum Amount Due ( MAD). … Ans : There is no foreclosure fees which will be charged, if you want to foreclose a running EMI.

How can I close my credit card EMI?

You need to decide how you want to proceed.

  1. You can fill up closure form and send to the bank.
  2. You can call up customer care and ask them to cancel the card.
  3. You can use the mobile app to send closure request.
  4. You can send an e-mail to the bank to close the card.

Can we close EMI on credit card early?

Prepayment charges

Banks or card issuers may charge you a pre-payment fee if you wish to clear your dues before the end of the loan EMI tenure. Moreover, you may also have to pay off the interest on a pro-rata basis.

Does Foreclosure Affect cibil score?

Due to foreclosure of loans, banks need to let go of large amount from their end and their calculations for your loan gets into toss. … Due to foreclosure, your cibil score might be affected in double digits in southwards direction and may take it below a score which is considered a good cibil score in India.

Can I close my HDFC personal loan before 1 year?

If you have taken a personal loan from HDFC Bank, the bank will allow you to make prepayment or pre-closure ahead of the tenure. The bank has a lock in period of one year within which you can neither pre-close your account nor make prepayments.

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How can I pay my HDFC loan EMI online?

How to Make HDFC Loan Payment Online at Paytm?

  1. Go to HDFC loan payment page on Paytm.
  2. Enter your Loan Account Number.
  3. Click on ‘Get Payable Amount’
  4. Check the payable amount and choose the payment method of your preference Proceed to make the payment.
  5. You are done with it.

Can I buy gold on EMI HDFC credit card?

HDFC offers EMI conversion on credit card purchases through its Smart EMI feature. … However, purchases involving gold or jewellery are not eligible for conversion in to EMIs. Also transactions which are 60 days or older are not eligible for the scheme.

Can I pay EMI in advance?

Yes, you can opt for EMI in advance even if the interest rate is a floating rate.