Unable to pay home loan EMIs? Here is what you can do

It's your legal and moral obligation to repay your debts including home loans but what are your options if you find yourself in a tight spot, unable to repay your dues?

What happens if you default on paying your home loan EMI?

If a bank or a housing finance company (HFC) has financed your property purchase, it has the means to recover its dues one way or the other if the loan is not paid by you. A home loan is a securitised loan, i.e., the lender owns your property ..

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