Articles for Emi Moratorium

Bajaj Fin to Waive EMI Bounce Charges for Auto Loan Customers in Maharashtra
4 years, 3 months ago

Bajaj Fin to Waive EMI Bounce Charges for Auto Loan Customers in Maharashtra

News 18  

Non-bank lender Bajaj Finance will waive EMI bounce charges for the coronavirus pandemic period from March to September for its auto loan customers in Maharashtra. In a letter written on Wednesday, Bajaj Finance said it will waive 50 per cent of the EMI bounce and other overdue charges between March and August, and waive off the remaining 50 per cent …

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HDFC Bank extends moratorium on loan, EMIs, credit card outstandings by 3 months till August; here's all you need to know
4 years, 7 months ago

HDFC Bank extends moratorium on loan, EMIs, credit card outstandings by 3 months till August; here's all you need to know

Firstpost  

HDFC Bank announced that it has extended the loan moratorium by another 3-months HDFC Bank announced that it has extended the loan moratorium by another 3-months. The bank is offering its customers EMI moratorium and credit card outstanding moratorium as a relief measure. Loan Number: I wish to defer my unpaid EMIs falling due between 1 June, 2020 and 31 …

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HDFC Bank extends EMI moratorium till August. Check eligibility, how to avail
4 years, 7 months ago

HDFC Bank extends EMI moratorium till August. Check eligibility, how to avail

Live Mint  

In line with the RBI guidelines, HDFC Bank is offering it's customers EMI moratorium and credit card outstanding moratorium to help them sail through the disruption caused by coronavirus pandemic. If you avail the EMI moratorium, there will be a levy of interest at the contracted rate of the loan for the period of EMI moratorium on the loan outstanding. …

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HDFC Bank Alert! Fraudsters looking to exploit EMI moratorium to steal money. Beware! Don't do THIS
4 years, 9 months ago

HDFC Bank Alert! Fraudsters looking to exploit EMI moratorium to steal money. Beware! Don't do THIS

India TV News  

HDFC Bank Alert: Largest private sector lender HDFC Bank on Thursday sent an alarm for its customers against a possible fraud over the three-month loan repayment moratorium. What is the modus operandi of fraudsters According to HDFC Bank Chief Information Security Officer Sameer Ratolikar, the fraudsters are always on the look-out for newer reasons to execute their designs. The fraudsters …

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Coronavirus | How will the three-month moratorium on EMIs impact customers?
4 years, 9 months ago

Coronavirus | How will the three-month moratorium on EMIs impact customers?

The Hindu  

The story so far: On March 27, the Reserve Bank of India slashed interest rates to counter the economic fallout of the coronavirus pandemic. It also announced other relief measures, which included permitting banks to provide a three-month moratorium on all term loans. Due to economic disruptions caused by the nationwide lockdown which has led to stress in the financial …

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EMI Moratorium: Good or Bad? Experts explain how it impacts your loan
4 years, 9 months ago

EMI Moratorium: Good or Bad? Experts explain how it impacts your loan

India TV News  

As the new financial year has begun, so many public sector banks including some private banks announced tweeting that they will offer the service of 3 months moratorium to their existing customers and they can avail the service according to their needs due to Pandemic, COVID 19 impact on finances of people. People were worried even after the announcement by …

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HDFC Bank offers EMIs, credit card dues moratorium for 3-month. Here's how customers can avail it
4 years, 9 months ago

HDFC Bank offers EMIs, credit card dues moratorium for 3-month. Here's how customers can avail it

India TV News  

HDFC Bank EMI, Credit Card Dues Moratorium: HDFC bank announced EMI and credit card moratorium to its customers in line with the Reserve Bank of India guidelines that all lending institutions will have to give their borrowers a three-month moratorium on term loans in wake of the coronavirus outbreak hitting the economy hard. "In line with the RBI guidelines and …

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Banks start rolling out EMI moratorium scheme as per RBI direction
4 years, 9 months ago

Banks start rolling out EMI moratorium scheme as per RBI direction

Op India  

To give a relief to people who may have suffered a hit on their income due to the Wuhan Coronavirus pandemic, the Reserve Bank of India had on 27th March had permitted the banks to allow a moratorium of three months on EMI payments of all term loans. State Bank of India, India’s largest bank, tweeted yesterday, “In terms of …

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