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Offer Fulfilled! Kotak Credit card EMI cancellation query

The offer has been fulfilled by the bank/company.

virat#889

TF Select
RML Group
I recently purchased an air conditioner using my Kotak Platinum League credit card and opted for a 3-month EMI to avail a ₹1500 cashback offer.
I have a few questions:
1) Can I cancel the EMI and pay the full amount instead?
2) If I cancel the EMI, will the processing and other associated charges be reversed?
3) Will the instant cashback still be valid, or will it be revoked upon EMI cancellation?

If anyone has experience with this, please share your insights. Thanks in advance!

Update: I cancelled the EMI, and all associated charges, including processing fees and GST, were successfully reversed.
 
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I recently purchased an air conditioner using my Kotak Platinum League credit card and opted for a 3-month EMI to avail a ₹1500 cashback offer.
I have a few questions:
1) Can I cancel the EMI and pay the full amount instead?
2) If I cancel the EMI, will the processing and other associated charges be reversed?
3) Will the instant cashback still be valid, or will it be revoked upon EMI cancellation?

If anyone has experience with this, please share your insights. Thanks in advance!
1-yes u can cancel emi and pay full
2- yes all charges will be reversed except GST(sometime they reverse GST also)
3- cashback will be valid you need to pay only the amount ur card was charged at the time of payment +GST if not reversed.

here is thread...
I recently purchased an air conditioner using my Kotak Platinum League credit card and opted for a 3-month EMI to avail a ₹1500 cashback offer.
I have a few questions:
1) Can I cancel the EMI and pay the full amount instead?
2) If I cancel the EMI, will the processing and other associated charges be reversed?
3) Will the instant cashback still be valid, or will it be revoked upon EMI cancellation?

If anyone has experience with this, please share your insights. Thanks in advance!
1-yes u can cancel emi and pay full
2- yes all charges will be reversed except GST(sometime they reverse GST also)
3- cashback will be valid you need to pay only the amount ur card was charged at the time of payment +GST if not reversed.

here is thread if you need more info
https://www.technofino.in/community/threads/no-cost-emi-cancellation-all-banks-master-wiki.29338/
 
Last edited:
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