Missed a car loan EMI? Here’s exactly when a lender can repossess your vehicle

A missed car loan equated monthly instalment (EMI) can be worrying, if you are a car owner on loan, but are you giving the lender a chance to repossess your vehicle?

While many borrowers fear that defaulting on even a single instalment could be very worrying, the reality is different.

Harassed by loan recovery agents? Know your rights and how RBI rules protect borrowers

Missing a loan equated-monthly instalment (EMI) can be nerve-racking, especially by the thought that you could be harassed by recovery agents.

Whether it’s because of a job loss, medical emergency, business slowdown, or unexpected expenses, falling behind on repayments can happen to anyone.