New Delhi, May 22 -- In the nation's ever evolving economic landscape, consistent and on time repayment of home loan Equated Monthly Instalment (EMI) holds immense value.

It is imperative to make sure that the repayment of not only home loans but any other kind of loan is made on time and in seamless fashion to avoid any late payment fees or charges.

Due to the same, missing out on even a single payment or EMI can result in serious financial complications and legal ramifications.

Rishi Anand, MD & CEO, Aadhar Housing Finance Ltd says, "Missing EMIs can damage your credit score, increase debt burden with late fees, and lead to loan foreclosure or legal action. As, the interest continues to accumulate on defaulted EMIs, further increasin...