How to close a credit card EMI?

To close a credit card EMI, you can initiate a foreclosure request through your bank’s mobile app, internet banking portal, or by calling customer care. Once the request is processed, you must pay the outstanding principal amount in full. Note that banks typically charge a foreclosure fee, often ranging from 2% to 3% of the remaining principal, plus applicable GST. It is advisable to confirm the total payoff amount and any specific terms with your card issuer before finalizing the closure.