Loan Auto Debit Failure

[shashifed]

Greetings everyone,
I have a personal loan with HDFC. EMI is auto-debited every month on 7th. The issue is I forgot about the payment for this month (which is today) and the auto-debit didn't go through; I quickly realized it and made sufficient funds available. On calling customer service, they said that the money would be kept on hold for today and would be debited tomorrow. My question to you guys is, will there be extra charges that I need to pay for missing the payment by a day and how badly will it affect my credit score? PS: I have 6 credit cards and one personal loan account and this is my first miss. Thanks in advance 🙏

 

[Tejo]

Greetings everyone,
I have a personal loan with HDFC. EMI is auto-debited every month on 7th. The issue is I forgot about the payment for this month (which is today) and the auto-debit didn't go through; I quickly realized it and made sufficient funds available. On calling customer service, they said that the money would be kept on hold for today and would be debited tomorrow. My question to you guys is, will there be extra charges that I need to pay for missing the payment by a day and how badly will it affect my credit score? PS: I have 6 credit cards and one personal loan account and this is my first miss. Thanks in advance 🙏

Actually Pl too have due date.

So if you paid emi before due date, no cibil worries and no charges.

 

[shashifed]

Actually Pl too have due date.

So if you paid emi before due date, no cibil worries and no charges.

the due date was today and the auto debit failed. It will be debited tomorrow

 

[Tejo]

the due date was today and the auto debit failed. It will be debited tomorrow

Now directly pay to that loan ac no.

 

[shashifed]

Now directly pay to that loan ac no.

you mean pay it just like how I would pay credit card bill ? Using amazon pay?