Hi,
My friend has taken a Housing loan from HDFC, the EMI is debited through ECS on every 15th of the month.
Somehow he didnt had enough money to cover the EMI on 15th of this months(today).
He would deposit the money in his account today. Just wondering how does it works with ECS, how can he deposit his EMI now. Would a delay of 1 day impact his Credit score?
Regards,
JAved