What are the common repayment methods for personal loan EMIs?

Paying a personal loan EMI is mostly a set process, but you still need to pick a method that fits how you manage money each month.

Common Ways People Pay Their EMIs

• Auto-debit / NACH: This is the way most borrowers do it. You sign one form when the loan starts, and the EMI goes out automatically on the set date. Still, many people keep a phone reminder a day before, just to check the balance.
• Standing instruction: You can set a standing instruction from your own bank account to the lender. Once it’s active, the EMI gets picked up every month. The setup usually takes just a few minutes on net banking.
• UPI or manual payment: Some lenders allow UPI or app-based payments. Handy when you want more control, but it also means you must remember the date. A missed day can lead to charges.
• Cheque drop (less common now): A few borrowers, especially older customers, still leave post-dated cheques with the lender. It works, but if your account changes later, you’ll need to update the whole set.

Whichever method you choose, a quick glance at your balance a day before the EMI keeps the month running smoothly.