Neutral impactEconomy

EMI late payment charges: Can missing your loan EMI by just one day hurt your credit score? Know what the rules say

Mint 1 hr ago·28 Oct 2026, 2:37 pm

Missing a loan EMI by one day can attract late-payment charges, but an immediate credit score drop is not inevitable. Know what RBI rules say about overdue EMIs, credit bureau reporting, penalties and how to protect your credit profile.

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