No cost EMi Trick not working offline store in pinelab swipe machine

[dweapons]

Hi

recently i visited reliance digital and croma to buy s24 ultra 256 gb.

there is brand offer with hdfc credit card 24 month no cost emi.

they offer final price is 101994

so i swiped my card with 24 month no cost emi but instead of loan amount ( full amount - interest discount )= 87648 they deduct full amount 101994

so my question is like online will i not get interest as instant discount in offline stores pinelab machine?

so how can i use no cost Emi trick in offline store if they deduct full amount?

anyone tried no cost emi trick in pinelab swipe machine?

they are not giving interest as discount during swipe.

please check ref screenshot.

 

[jaisinghal]

Hi

recently i visited reliance digital and croma to buy s24 ultra 256 gb.

there is brand offer with hdfc credit card 24 month no cost emi.

they offer final price is 101994

so i swiped my card with 24 month no cost emi but instead of loan amount ( full amount - interest discount )= 87648 they deduct full amount 101994

so my question is like online will i not get interest as instant discount in offline stores pinelab machine?

so how can i use no cost Emi trick in offline store if they deduct full amount?

anyone tried no cost emi trick in pinelab swipe machine?

they are not giving interest as discount during swipe.

please check ref screenshot.

View attachment 70787

Wait for 2-3 days, let the emi be converted, it will show the loan amount as 87,648 only in mycards then you can close it.

 

[Deleted member 2540]

Hi

recently i visited reliance digital and croma to buy s24 ultra 256 gb.

there is brand offer with hdfc credit card 24 month no cost emi.

they offer final price is 101994

so i swiped my card with 24 month no cost emi but instead of loan amount ( full amount - interest discount )= 87648 they deduct full amount 101994

so my question is like online will i not get interest as instant discount in offline stores pinelab machine?

so how can i use no cost Emi trick in offline store if they deduct full amount?

anyone tried no cost emi trick in pinelab swipe machine?

they are not giving interest as discount during swipe.

please check ref screenshot.

Most likely This is going to happen in your Case too.

Thread 'Query with regards to emi on hdfc tata neu credit card'

Jun 18, 2024

Hey guys,

So I made a flight booking of Rs. 32,594 on Makemytrip. This was a 3 months no cost emi.

Now generally in the case of no cost emi, the emi amount is given as a upfront discount althought with this transaction It said it will be reversed as cashback in 21 days to the card account.

The cashback amount : 818

Total transaction amount : 32,594

Now, on my first statement I was charged :
Principal amount : 10,460.70
Interest : 519.42

Now I reached out to hdfc to clarify this and they tell me that they have applied the cashback of 818 and reduced the total amount to 31,776

But...

• the_collector
• Replies: 8
• Forum: HDFC Bank Credit Card

• 

 

[dweapons]

Wait for 2-3 days, let the emi be converted, it will show the loan amount as 87,648 only in mycards then you can close it.

I think interest should be given as instant discount. What if bank convert emi of full amount?

 

[dweapons]

Most likely This is going to happen in your Case too.

Thread 'Query with regards to emi on hdfc tata neu credit card'

Jun 18, 2024

Hey guys,

So I made a flight booking of Rs. 32,594 on Makemytrip. This was a 3 months no cost emi.

Now generally in the case of no cost emi, the emi amount is given as a upfront discount althought with this transaction It said it will be reversed as cashback in 21 days to the card account.

The cashback amount : 818

Total transaction amount : 32,594

Now, on my first statement I was charged :
Principal amount : 10,460.70
Interest : 519.42

Now I reached out to hdfc to clarify this and they tell me that they have applied the cashback of 818 and reduced the total amount to 31,776

But...

• the_collector
• Replies: 8
• Forum: HDFC Bank Credit Card

• 

Means I will get interest as cashback ? When they will give it back? After 90 days?

 

[jaisinghal]

I think interest should be given as instant discount. What if bank convert emi of full amount?

I had purchased my s24 ultra from bajaj electronics, initially the amount before the interest discount was charges on the card then emi was converted for the discount amount only.

 

[dweapons]

I had purchased my s24 ultra from bajaj electronics, initially the amount before the interest discount was charges on the card then emi was converted for the discount amount only.

Swipe machine was pine labs?

 

[jaisinghal]

Swipe machine was pine labs?

Yes it was

 

[dweapons]

Yes it was

Bajaj electronics walo ne kis price pe Diya apko s24 ultra 25ygb? 102000 price sahi hai?

 

[jaisinghal]

Bajaj electronics walo ne kis price pe Diya apko s24 ultra 25ygb? 102000 price sahi hai?

Bhai mene to 6 months phele liya tha 512gb tab mera wala 1.15 lakh ka tha aur 256 gb 1.06 lakh ka bargain karo, bolo koi aur retailer 98000 ka de ra par 1 hafte baad ayega, lena abhi hai to ap best rate lagao.

 

[dweapons]

Bhai mene to 6 months phele liya tha 512gb tab mera wala 1.15 lakh ka tha aur 256 gb 1.06 lakh ka bargain karo, bolo koi aur retailer 98000 ka de ra par 1 hafte baad ayega, lena abhi hai to ap best rate lagao.

Full swipe PE 98k me de rahe hai but no cost emi pe koi discount nahi de rahi company Aisa bol rahe hai reliance digital and croma wale

 

[dweapons]

Bhai mene to 6 months phele liya tha 512gb tab mera wala 1.15 lakh ka tha aur 256 gb 1.06 lakh ka bargain karo, bolo koi aur retailer 98000 ka de ra par 1 hafte baad ayega, lena abhi hai to ap best rate lagao.

Abhi HDFC Wale no cost emi cancel nahi karne dete Aisa change a Gaya hai kya? And 3% charge bhi le rahe hai cancel karne ka aisa koi bol raha hai dusri post pe

 

[jaisinghal]

Abhi HDFC Wale no cost emi cancel nahi karne dete Aisa change a Gaya hai kya? And 3% charge bhi le rahe hai cancel karne ka aisa koi bol raha hai dusri post pe

Mene last month ki thi flipkart ki band, koi charge ni laga.

 

[telescope]

I recently bought mobile offline. Called today to cancel and it was accepted. Customer care said processing fee of 199/- will be reversed also, but GST on processing fees will not be reversed (ideally it should because I am not availing the service). Saved around 1100 rupees by this. Although I think I won't get points.

 

[Hemang]

Abhi HDFC Wale no cost emi cancel nahi karne dete Aisa change a Gaya hai kya? And 3% charge bhi le rahe hai cancel karne ka aisa koi bol raha hai dusri post pe

ANyone who took No cost EMI scheme in this current ongoing sale in hdfc, kindly let us know the latest information on this.

 

[sahilchaudhry08]

Hi

recently i visited reliance digital and croma to buy s24 ultra 256 gb.

there is brand offer with hdfc credit card 24 month no cost emi.

they offer final price is 101994

so i swiped my card with 24 month no cost emi but instead of loan amount ( full amount - interest discount )= 87648 they deduct full amount 101994

so my question is like online will i not get interest as instant discount in offline stores pinelab machine?

so how can i use no cost Emi trick in offline store if they deduct full amount?

anyone tried no cost emi trick in pinelab swipe machine?

they are not giving interest as discount during swipe.

please check ref screenshot.

View attachment 70787

Hi, did you go for this purchase? Need some clarity as I faced similar situation Today as I purchased an AC from an offline store and there was an offer on SBI credit card and no cost EMI on pinelabs machine. There authorization amount was 30800 which got deducted from my card after the payment but my question is that the amount which they should have charged should be loan booking amount which 29968 as that's the loan amount and on top of that 826 interest should have applied when it gets converted to EMI which will total to 30800. Now I would be charged interest on top of 30800 right as that is the amount which is showing in my credit card transaction history or will it automatically converted to emi with loan amount as 29968 and then 826 interest on top of it which should be 30800 in total.

 

[sahilchaudhry08]

Wait for 2-3 days, let the emi be converted, it will show the loan amount as 87,648 only in mycards then you can close it.

jaisinghal are you as I am in a similar situation as I purchased an AC from an offline store and there was an offer on SBI credit card and no cost EMI on pinelabs machine. There authorization amount was 30800 which got deducted from my card after the payment but my question is that the amount which they should have charged should be loan booking amountwhich 29968 as that's the loan amount and on top of that 831 interest should have applied when it gets converted to EMI which will total to 30800.

Now I would be charged interest on top of 30800 right as that is the amount which is showing in my credit card transaction history or will it automatically converted to emi with loan amount as 29968 and then 831 interest on top of it which should be 30800 in total.