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Tenor of the loan by 2 emi's. Please note that the Moratorium offered will end on May 31st.
Please be advised that any extension will have a further impact on increase in interest / tenor of your existing loan. @sumanthraman @RBI @AdityaBirlaGrp
Please be advised that any extension will have a further impact on increase in interest / tenor of your existing loan. @sumanthraman @RBI @AdityaBirlaGrp
The impact will be a Net Increase in Interest by INR 77510 and tenor extension by 4 months.
Given that your current Moratorium would conclude on May 31st, your June emi will be presented on 5th (cycle date). Request you to kindly maintain sufficient balance in your account.
Given that your current Moratorium would conclude on May 31st, your June emi will be presented on 5th (cycle date). Request you to kindly maintain sufficient balance in your account.
@sumanthraman @RBI Please refer this thread , RBI requested to give morotorium at least for 3 months but banks are started sending reminders saying only 2 EMI's are allowed and next will be deducted. This is loot in day light.
