EMI Payments FAQs
EMI refers to Equated Monthly Installment. It simply refers to a fixed amount paid by you (borrower) to lender at a specific date every month. EMI enables y...
Thu, 6 Jun, 2024 at 1:44 PM
We provide our customers with various options to pay their EMI's like: Inside Application: UPI Apps : Payment via various UPI apps like Phonepe, Gp...
Sun, 9 Jun, 2024 at 8:28 PM
The EMI amount is calculated by the system and displayed instantly at the time of loan application itself. The EMI amount depends on the loan amount, intere...
Thu, 6 Jun, 2024 at 1:45 PM
You will be receiving automated email & SMS before your EMI date on your registered email id & mobile number. Being said that, due to technical or n...
Thu, 6 Jun, 2024 at 1:45 PM
Well, a late repayment always invites a late penalty charge along with it. The charge however, will depend on your outstanding amount and also the number of...
Thu, 6 Jun, 2024 at 1:45 PM
Like any other legal agreements, all loans are legally binding and governed under the RBI regulations wherein not paying your monthly installment/EMI is a c...
Thu, 6 Jun, 2024 at 1:46 PM
The required amount of balance must always be maintained at the time of due date for clearing the monthly auto-debit payment, if you have registered for aut...
Thu, 6 Jun, 2024 at 1:47 PM
You cannot extend the tenure after a loan has been approved.
Thu, 6 Jun, 2024 at 1:47 PM
We strongly advise against skipping the payment of your monthly installment/EMI. Defaulting on an installment will dip your credit score and you will be cha...
Thu, 6 Jun, 2024 at 1:48 PM
Once you have paid all your EMIs and outstanding dues, we will send you a No Objection Certificate (NOC). The NOC will be sent to your registered email id a...
Thu, 6 Jun, 2024 at 1:48 PM