Will there be any charges if I do not payback dues on time?

Modified on Mon, 27 Feb, 2023 at 5:21 PM

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

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