Can I read COVID-19 Loan Moratorium Guidelines on EtoBox?

COVID-19 Loan Moratorium Guidelines by Deepak is a document available to read on EtoBox.

What is COVID-19 Loan Moratorium Guidelines about?

The RBI has introduced a COVID-19 relief package allowing borrowers to defer repayments on various loans until August 31, 2020, to alleviate financial strain caused by the pandemic. A three-month moratorium on EMIs and interest payments is available, with accrued interest added to the loan amount post-moratorium, adjusting the repayment schedule accordingly. Importantly, non-repayment during this period will not impact borrowers

Author

Deepak

Language

EN