ICICI Personal Loan EMI
Consequesnces of EMI Bounce

Hi.

I have taken ICICI Personal Loan and was paying my EMIs regularly. But, I am sure I cannot pay the EMIs for this month and next month (July & August) as I have taken Salary advance last month (June) for some important commitments and 50% the same has been deducted from my June salary and another 50% will be deducted from my July salary. But, once I start getting my regular salary from August I can pay the outstanding EMIs.

Will this create any problem? Pls. suggest.

Regards,

Sevar K