The Repayment Minefield: Things That Can Go Wrong
A loan contract assumes you are a robot with a perfect future; reality is volatile.
- The Triple Penalty: A single EMI bounce can cost you ₹1,000 in fees plus a massive hit to your credit score.
- Floating Trap: How a 20-year loan can quietly become a 28-year loan when interest rates rise.
- The “3-EMI” Buffer: The only difference between a “hiccup” and a “default” is the size of your emergency fund.
Watch this video to “bulletproof” your repayment and survive the financial shocks of life.