Can We Pay Personal Loan Emi Through Credit Card

The balance transfer can save you money and pay off your loan but only if you have a repayment plan that you stick to.

Can we pay personal loan emi through credit card. Thanks to the same digital technology repayments of your loan instalment and credit card dues too can be done instantly. Save money by switching to a lower interest rate and lower emis. Responded on 25th may 2015 because a home loan fundamentally is a debt liability and once you take it you give banks a standing instructions to debit a certain amount your emi monthly on a specific date.

You can use a credit card to pay off a personal loan advised personal finance writer and credit card expert ben luthi. Pay off your outstanding dues on other credit cards by transferring the balance to a hdfc bank credit card. Emi in credit card dues thus works like a loan wherein you pay off the outstanding amount equally during the pre decided tenure.

Some credit card issuers will allow you to do it directly through your online account like any other balance transfer. Emi can be paid by credit card. A cash advance involves withdrawing cash with your credit card.

Do i have an option to pay it by my credit card. But you should always keep this in mind that till you don t pay all the emis you can t shop or make payments to the upper limit of your credit card. A bridge loan is typically a short term personal loan to fund the margin money.

If you are a tech savvy person and own a smartphone or tablet phone then you can make the payment from that device itself. You can do it from just about any device that you please. You can use the ecs route.

We can help make any and every personal loan emi payment easier for you. No you cannot pay an emi for home loan using a credit card in india responded by. You could also make your car payments with a credit card through a cash advance.