* Missing one EMI usually doesn’t mean serious trouble.
* You may receive a reminder via SMS, email, or call.
* Late payment charges may apply.
If EMI Is Missed for 30 Days
After 30 days, lenders may:
* Mark the payment as overdue
* Charge late fees + interest
* Start reporting it to credit bureaus
Multiple Missed EMIs (60–90 Days)
If EMIs remain unpaid:
• Loan may be tagged as NPA (Non-Performing Asset)
• Recovery actions may begin
• Future loan approvals become difficult
Does One Missed EMI Ruin Your CIBIL?
No.
A single missed EMI causes limited damage if fixed quickly.
Repeated delays create long-term credit issues.
How to Fix a Missed EMI (Immediately)
Act fast:
* Pay the EMI as soon as possible
* Clear late charges
• Ensure next EMIs are auto-debited
* Inform your lender if it was accidental
If Cash Is the Problem
Instead of defaulting:
* Avoid personal loans or credit cards
* Consider asset-backed options
* Use investments to manage short-term cash gaps
Smarter Fix for Investors
If you have:
* Mutual funds
* Shares
* Bonds
You can access funds without selling them through a Loan Against Securities.
How This Helps Prevent EMI Misses
* Instant liquidity during emergencies
* Flexible repayment
• No forced asset liquidation
* Better credit protection
This is how disciplined borrowers stay stress-free.
Final Takeaway
Missing an EMI is a warning—not the end.
Fix it early, choose smarter funding, and protect your credit.