No, EMI amounts are fixed and cannot be modified once your loan is active.
This ensures consistency and fairness in our repayment system across all customers.
Your EMI amount is calculated based on your loan principal, interest rate, and tenure at the time of approval. This fixed structure provides:
- Predictable payments - You know exactly how much to pay each month
- Clear loan timeline - Your loan will be paid off on schedule
- Consistent budgeting - No surprises in your monthly financial planning
Maintain sufficient balance: Ensure your bank account has adequate funds on each EMI due date to avoid:
- Late payment penalties
- Negative impact on your credit score
- Potential complications with future loan applications
If you're experiencing financial difficulties, contact our customer support team to discuss available options