EMI moratorium

#Covid19: Big Private Banks Seek Loan Moratorium For Customers Due To 2nd Wave On Tuesday, the chiefs of private sector banks met with Reserve Bank of India Governor Shaktikanta Das to pitch for a limited moratorium of payments…

Govt Will Reward Regular EMI Payments By Waiving Interest On EMIs Up To Rs 2 Crore The Govt is planning on waiving off the compound interest (on EMIs) of loans valued at up to Rs 2 crore for timely EMI payers. This reward…

Loan Moratorium Relief: No Interest On EMI Delay, Reward For Paying EMI (Govt Proposal) We have covered in detail about every more in the banking sector, when it comes to the ‘loan moratorium’ issue. Last month, we covered a story,…

Govt Will Reward If You Paid EMIs & Didn't Opt For Loan Moratorium; Cashback, Interest Waiver? The government has waived off the interest on the loan moratorium bringing a huge relief to the borrowers. In other words, they are…

These 26 Sectors Will Get Relief From Loan Payments, EMI For Upto 12 Months The Reserve Bank of India (RBI) on Monday announced its report on loan restructuring as part of the Resolution Framework for COVID-19 Related Stress. …

Supreme Courts Orders Indirect Loan Moratorium For 60 Days: No Action If You Are Not Paying EMIs Right since March 27, when the central bank RBI announced a 3-month moratorium period for EMI payments, payable between March 1 and May…

Centre to Supreme Court that EMI moratorium on repayment of loans can be extended upto 2 years. We have a follow up news on the moratorium on repayment of loans allowed by the government due to the coronavirus pandemic. The Centre…

EMI Moratorium Of 6 Months On Rs 30 Lakh Loan Is Rs 11 Lakh Extra Interest! (Compare The Difference) The Reserve Bank of India (RBI) in a press conference dated March 27, 2020 announced an EMI moratorium of 3 months on repayment of term…

Canara Bank's Emergency Loans For Entrepreneurs: Pay EMI After 6 Months, No Security Needed The COVID-19 pandemic has affected many businesses across many industries all over the country. The Reserve Bank of India (RBI) has introduced…

RBI Extends EMI Moratorium For Next 3 Months: You Can Delay EMIs Till August End The Reserve Bank of India (RBI) had announced the moratorium on the loan EMIs starting on March 1, 2020 for a period of 3 months i.e. till May 31, 2020. …