Tag Archives: EMI

Loan Moratorium EMI Delay By 3 Months Unlikely To Give Benefit As Banks To Charge Interests Later

Borrowers Unlikely To Get Loan Moratorium Benefit As Banks Will Charge Interest Later

The banks will levy interest on the outstanding amount of loan The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period, according to the moratorium scheme announced by state-owned banks. Last Friday, the RBI had announced …

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State-Run Banks Allow 3-Month EMI Relaxation To Term Loan Borrowers

Rupee Recovers After Hitting New Record Low Of 74.50 Against Dollar: 10 Points

Many state-run banks have allowed their loan borrowers – customers with active term loan accounts – to delay paying their monthly instalments for a period of three months. Public sector lenders, including the likes of State Bank of India, Punjab National Bank, Bank of Baroda, Canara Bank, Oriental Bank of Commerce …

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RBI Eases Term Loan Repayment (EMI) Rules, Here’s How It Helps You

As Rupee Hits 16-Month Low, Analysts Warn Of

The Reserve Bank of India (RBI) on Friday permitted commercial banks and other financial lenders to allow borrowers to delay their loan repayments by a period of three months. The move by the regulator complemented the government’s announcement of a Rs 1.7 lakh-crore fiscal package the previous day to help …

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Vivo Carnival Sale Kicks Off on Amazon; Discounts and No-Cost EMI Offers on Vivo U20, Vivo V10 and More

Vivo Carnival Sale Kicks Off on Amazon; Discounts and No-Cost EMI Offers on Vivo U20, Vivo V10 and More

Vivo Carnival sale has kicked off on Amazon, offering a wide range of Vivo smartphones at discounted price points bundled with several other offers. The sale went live on Monday and will continue till March 19. Among the phones that witnessed a price cut were Vivo U10 and Vivo U20. …

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