How to close credit card?
if you want to close / deactivate credit card?
don’t say block my credit card, because another credit card will generate,
my case it’s happened,
they told them to deactivate due to some unauthorised /auto bill without my intimation by telugu matrimony site to hdfc.
after deactivation. I got 3000 bill for an unknown credit card on my name ends with 3825.
Older one ends with 2829.
Bill includes: membership fee+overdue interest.
Not received by me. Not asked by me.
they closed the credit card limit, but the bill was remaining.
They asked me to come their office as offender
So make sure to deactivate / close hdfc card completely not just blocking.
when I blocked/closed sbi card with their customer not faced any problem.
We can deactivate credit card by phone call.
RBL credit card they called & offered lifetime free credit I said ok, next they called, I am in traffic I can’t understand them and said ok, then charging me 4k annual charges with gst😓. Planned to close but they offered me 20k interest free 6 months loan. But they charging 20% 333 +GSt per month as processing fee.
Closing bank account online/offline?
with hdfc bank we have to maintain monthly avg balance.
5K,10k . Other wise we get penalized in the form of charges 500 or 1000.
also annual sms charges, debit card charges there.
I already (we do) have many savings account
Syndicate bank, SBI,ICICI, along with HDFC in home town.
They often call you maintain balance, credit card, insurance offers etc .
closing hdfc account requires physically visiting the office.
withdrawing total amount to make account balance to zero. dormant account
wait for few months to deactivate. but wait..
charges for non maintaining balance.
download the form fill & submit at hdfc branch.
Visit ask for form fill & close.
How to deactivate hdfc demat account?
recently I sold all sticks in my demat account, but I got charges for 590 for demat Annual maintenance charges.
Closing demat account with participatory like cdsl,NSDL, karvy not possible online.
we have to visit the nearest branch and submit the form
some branches may ask you to go other branches where forex /stock facilities available .
How to close FD without mature?
You can close FD on pre mature, by penalizing intereste of 1-2%.
ex: your 1 year fd rate is 7%.
upon closing yiui interest calculates for 5%.
compound frequency fir FD is 3 months.
How to close & restore RD account?
same way as FD. my mother investing in post office RD.i want to close RD invest in stocks 😜. but the risk is un predictable. just go & ask them.
you can restore within 3 months by paying dues with interest.
SIP & RD has similar Nature but no risk with Recurring deposit.
HOW to close SIP in mutual funds?
by default they are automatically debited through NACH. If failed you get penalties.
so close SIP by logging to mutual portpolio dashboard and cancel there. Then autodebit of SIP will be closed automatically.
How to close life insurance policy?
surrender policy: requesting to cancel the policy.
if premium paid for 3 years, you may get some amount back.
within 3 years if policy unpaid, you get nothing.
35% of your premium paid agent 1st year.
5% on renewals.
Reviving lapsed policy:
If you not paid premium within due date +grace period (1month annual &semi annual) 15days for monthly quarterly premium payments.
you can revive your policy by taking medical exam, unpaid premiums along with intrest.
How to closeeclose account?
just withdraw all of amount, conditions
2 months unemployment, marriage, education , purchase home, land etc.
Pension amount at 58 years only. if not reached minimum payable pensio 1000 , you need to calculate pension benefit.
PPF &NPS will be updated shortly.
how to close loan early personal loan, vehicle home lian etc?
bank to bank closing charges varies.
some banks not allow foreclosure at least for one year.
Finance companies charges worst.
I closed personal loan with Bajaj finance worst situation.
interest rate is 1.8 per month means 22% annual.
5%* extra on partial closer.
10%* on outstanding amount in full foreclosure.
I paid partial forecosure until 1EMI left @5%.
Full foreclosure for 1EMI @10%.
I have taken sbi personal loan, no pre-payment & foreclosure charges. no executive will tell this. you are in the mood of. Requirement. fear if lose loan.
Bought vehicle for 6lakhs 4lakh loan 2 lakhs down payment.
paid 2 lakhs +2 down payment.
2 lakhs due but they taken my car🤔.
bought a 2,60,000 bike with just only 64k downpayment.
paid 320000 3 years 60000 as interest +10k processing fe😓. Vehicle reached 4k kms as of 4.5 years. still paying. Insurance & maintenance.
bought home without loan, tried executive taken 30k for 30 lakhs. but loan not approved amount gone.
builder not build as per plan occupancy certificate not issued paying 3x waterbill with 18% interest rate.
don’t make financial mistakes, because money is your power. you may invested your time to get it.
TIP: saving 20% monthly income also a debt. Don’t get habit of paying debt insted pay
SIP &get Compound growth.
are you planning to sell properties?
registration charges ofcourse Bourne by buyer as per your contract