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What if I don't pay EMIs on time?

By IndianMoney , 1 year ago

You have to pay your EMIs on time. You will be given a few days of grace period to make EMI payments. Also, most of the banks allow some prescribed number of payment failures. In case you delay further, it will be reported to CIBIL and your credit score will be affected. Also, the bank can seize your vehicle

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