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English Transport News

Interest would not stop during 3 months of EMI stoppage

In case you want to avail deferring the EMIs for 3 months, please note that your interest would not stop. So in case you want to stop the EMI, you will have to either pay the interest at the end of three month. The other way is that either your EMI or your tenure would […]

Categories
English Transport News

No EMI for Loans for 3 months

The Reserve Bank of India has instructed commercial institutions to defer the collection of EMIs for loans for three months. This does not mean that the three months EMIs will never be charged from you, it is just that you can chose to not pay the EMIs for three months when your business is impacted […]