Friday, March 27, 2020

RBI's moratorium on loan EMIs: What we know so far

Both your loan principal and interest are covered under the moratorium. This applies to all loans outstanding on March 1. During these three months, you won't have to pay your EMI, including both principal and interest. But please note that this is a postponement, not a waiver.

from Banking/Finance-Industry-Economic Times https://ift.tt/2xrsTzx

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