Yes, delays in business loan repayment may attract penal charges. At LendingKart, this includes a penalty of ₹300 per overdue instalment along with 0.1% per day on the overdue EMI, as clearly outlined in the loan agreement shared with you.
Yes, delays in business loan repayment may attract penal charges. At LendingKart, this includes a penalty of ₹300 per overdue instalment along with 0.1% per day on the overdue EMI, as clearly outlined in the loan agreement shared with you.