Paying back your EMI dues on time is very important.
Failing to pay back dues on time shall levy charges, impact your credit rating & you may face difficulties to avail credit in future. Charges shall be applicable as per below.
IIFL Finance Limited
•Late Payment Charges - 2% monthly on overdue amount plus GST. Compounded Monthly
•For further details on associated charges Click here
Tata Capital Financial Services Limited
• Late Payment Charges - 3% on overdue amount plus GST. Compounded Monthly
• For further details on associated charges Click here