Policybazaar No Cost EMI issue, need some advice
I bought HDFC ERGO Optima Secure+ from Policybazaar for ₹31,043 and selected 18 months No Cost EMI.
After the EMI was converted, I checked the HDFC details and saw that interest is being charged. Total interest is around ₹2,966.
I contacted Policybazaar regarding this and after some back and forth, they replied that the interest amount will be given back as cashback by the bank within 60–90 working days.
Has anyone here faced the same thing with Policybazaar?
Did you actually get the cashback? And is there anything I should ask them or confirm before I just wait for 60–90 days?
Would be helpful if someone who has gone through this can tell me what they did.