No EMI Till Possession Scheme Risks: 5 Reasons Homebuyers Must Think Before Investing

At first glance, No EMI till possession schemes may look appealing, offering a breather from immediate loan payments. But beneath the surface, the risks are largely borne by the homebuyer. Once possession is handed over, you are expected to pay the full equated monthly instalments (EMIs), including both principal and interest. And if the developer faces financial trouble or delays, the loan remains in your name, meaning the bank will pursue you - not the builder.