How To Opt Axis Bank Moratorium

The RBI EMI moratorium on loan payments ended its six-month run on August 31 2020. Catch Nifty Sensex Live updates.

Axis Bank Takes Opt In Route For Moratorium On Loan Repayments E News Edition

This will bring down the rate of interest and thus the EMI burden.

How to opt axis bank moratorium. Thereafter RBI had given the option to borrowers to approach the bank. If you opt for Axis Bank loan moratorium your loan tenure will be extended by the extent of moratorium chosen. Get latest stock share market news financial news economy news company news politics news India news breaking news Indian economy news at Business Standard.

For example if you choose to take a one month moratorium and your Axis Bank personal loan was originally supposed to end in December 2020 the. I had procured a loan from Ms Axis bank and had been paying regular instalments till nov 16. The borrower could opt for converting the unsecured loan to a secured one by offering a security.

Since the builder has failed to deliver as yet and there is no indication of it.

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