RBI Loan Moratorium: Is It Wise To Skip Your Auto Loan EMIs?

PUBLISHED ON: April 6, 2020 | Duration: 2 min, 05 sec

  
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The Reserve Bank of India had in a recent advisory to the banks had asked them to consider a relief when it comes to customers paying EMIs for their term loans. The Central bank was of the view that because of the Coronavirus crisis many borrowers will have issues with cash flows. Many banks have already sent out communications to their customers in this regard. In this video we tell you what are the implications if you avail of this service, how much more money you’ll have to shell out and what to do in case you want your EMIs deferred.
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