Do you wish to use your credit card to foreclose on a sum of money? If so, you must know that closing an EMI on an Axis Bank credit card is a very simple process. I will tell you how to foreclose Axis Bank credit card EMI with you. It is always preferable to pay off your debt if you have enough money to cover both the outstanding balance and the processing fee. Foreclosing is nothing but the prepayment of the outstanding balance.
How to foreclose credit card EMI Axis Bank?
In order to prevent more financial issues, it is crucial to take the required actions to foreclose the EMI if you find yourself in a scenario where you are unable to continue paying your Axis Bank credit card EMI.
You can get in touch with Axis Bank's customer support helpline at 1800 103 5577 or go to the nearest branch to foreclose your credit card EMI. They will walk you through the steps and give you the information and documents you need to start the foreclosure.
Go to the branch with necessary supporting documents like loan statements, demand drafts, and others in advance, and work with the bank to come up with a solution that benefits both parties.
If the loan is foreclosed after the first EMI is billed, a foreclosure fee will be charged. Along with service tax, the customer will also be charged a foreclosure fee equal to 3% of the outstanding balance at the time of foreclosure, or Rs. 300.
You can get more details about foreclosure an Axis Bank EMI by clicking
here
. I hope you got an idea of how to foreclose Axis credit card EMI.
Get home loans without hefty paperwork via NoBroker. Calculate your EMI on a home loan via the NoBroker EMI calculator.
Read more -What is Foreclosure of Loan: Meaning and Process?
Does Foreclosure Affect Your CIBIL Score?
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How to Foreclose HDFC Credit Card EMI Online?
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How to Foreclose Axis Bank Credit Card EMI?
Elijah
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2023-10-03T19:48:21+00:00 2023-10-04T08:49:40+00:00Comment
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