How to foreclose SBI credit card EMI online?
For how to foreclose SBI credit card loan you need to fulfill a few requirements. The requirements are:- You need to know the Login credentials, User ID, mobile number and SBI card number.
- You need to know which mobile number is registered in the bank.
- You have to put the OTP from your registered mobile number.
How to foreclose EMI on SBI credit card?
- Go to the SBI credit card website.
- Login after visiting the home page.
- Fill in your username, mobile number and card details.
- Enter the OTP from the registered mobile number.
- Create a new pin after receiving the OTP and log in.
- Tap on Benefits after getting access to the dashboard.
- Tap on Foreclosure option.
- Choose your credit card to foreclose the EMI.
- Choose the Product Type such as mobile phone, electronic items, etc to foreclose.
- Choose the EMI you need to foreclose.
- You will be able to generate the foreclose charges and the amount you have to pay.
- Tap on Confirm by accepting the terms and conditions.
- You will get an OTP on your registered mobile phone and this is how you need to confirm the SBI credit card EMI foreclose request.
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Hi there. I was looking for the SBI credit card EMI foreclosure process. I got to know about this facility through a friend who successfully foreclosed his loan taken from the SBI credit card. As you must be aware, if you have enough funds, you can choose to pay the outstanding amount and clear off your debt by making a single payment for your loan. My friend told me about a simple process to get things done. Let me share the same with you.
Procedure for SBI credit card EMI foreclosure
Mr. Amit has presented a working process for requesting foreclosure of the SBI credit card through the means of the SBI card website.
I would like to share an alternative method for the same
You can call the SBI Card helpline number: 39 02 02 02 (Prefix STD code of your city while calling from mobile) or 1860 180 1290 (if calling from MTNL and BSNL lines). The IVR and emergency services are open 24*7, while customer care is available from Monday to Saturday between 8 AM to 8 PM.
When the request is made, the outstanding principle amount is moved back to the SBI cardholder’s retail balance. Here, you will be charged a foreclosure fee of 3%. The outstanding principle is calculated on the grounds of reducing interest rates.
For more information regarding foreclosure for merchants, you can refer to this
link
.
I hope my answer helps you to learn how to foreclose credit card EMI SBI.
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How to Foreclose SBI Credit Card EMI?
Ashman
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2022-04-06T10:36:50+00:00 2023-11-06T16:55:08+00:00Comment
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