INTEREST WAIVER ON LOAN MORATORIUM

Supreme Court passes judgement on the best interests of banks and loan borrowers, on the issue of waiving interests on EMI during the loan moratorium period. On Tuesday, a finalized decision came from the Supreme Court, in regards to…

All Borrowers In India Will Get Back Interest On Interest Charged During Lockdown By November 5th; Which Loans Are Eligible? Amidst the ongoing reports on the RBI loan moratorium, we informed you that the Supreme Court directed the…

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…

Supreme Court orders sets the deadline for interest waiver on loans worth upto Rs 2 Crore, until Nov 2. Last week, we informed you that the Government shall be renouncing the interest on interest accrued over the extension period of EMI…