CreditLife
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Hello peeps
I took a personal loan from HDFC bank and EMI will be auto debited from my ICICI Salary account on 7th of every month but today(7th September) it got failed due to insufficient funds and I received the following message from ICICI
I have transferred the required amount to my ICICI salary account immediately. Contacted HDFC bank but I didn't receive proper response from them to my questions. Following are my queries
1) Will bank try to deduct EMI again. If yes when ?
2) Any way to manually pay the EMI ? tried from HDFC Netbanking but its not working.
3) Any late payment charges from HDFC ?
4) Will this be reported to Credit bureaus ?
I took a personal loan from HDFC bank and EMI will be auto debited from my ICICI Salary account on 7th of every month but today(7th September) it got failed due to insufficient funds and I received the following message from ICICI
ECS/NACH of Rs X towards HDFC BANK LIMITED from ICICI Bank Acct XX has returned on 07-Sep-23 due to Insufficient fund. Applicable return charges will be levied.
I have transferred the required amount to my ICICI salary account immediately. Contacted HDFC bank but I didn't receive proper response from them to my questions. Following are my queries
1) Will bank try to deduct EMI again. If yes when ?
2) Any way to manually pay the EMI ? tried from HDFC Netbanking but its not working.
3) Any late payment charges from HDFC ?
4) Will this be reported to Credit bureaus ?
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