Zest money emi repay delayed

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Deal Newbie
tanvi.dhotre...

Hi I want to what are consequences of late repayment of zest emi

Actually I delayed my payment by 1 days as I didn't remembered 

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You should always have automatic payments enabled by ecs/nach for repayments. In your case, you will be charged late fees + Ecs bounce charges(if ecs enabled) + Intrest charges for late days + Gst 18%. Sincd it was just a day late I don't think the late payment will be reported to cibil
Deal Newbie Deal Newbie
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On checking faqs I got to know it had grace period of 3 days so I wasn't charged extra.

My concern is whether zest will report late payment to cibil

Deal Cadet Deal Cadet
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They will report it as standard only and not late or delayed. 

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