Yes, failing to repay the loan may put your property at risk. If you fail to repay your loans or default on your EMIs for three consecutive months, Tata Capital can declare you an NPA (Non-performing asset).Once that happens, your property can be auctioned to recover losses. Furthermore, the credit score of both you and your co-borrower can take a big hit, which may negatively impact your future loan applications.To make sure you don’t default on your loan repayments, it is encouraged to use the EMI calculator to preplan your finances before applying.