Are you talking about the government’s moratorium period of the COVID-19 Relief Measure? If yes, then let me tell you that when you defer a personal loan EMI for the moratorium period, you’re not absolving yourself of any of the payments for these months. You are only extending your loan term by the moratorium period you select.
You’ll have to pay the interest on the outstanding loan amount for whatever moratorium period you selected.
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Once we will select the option of Deferring the payment then the interest on principal amount get stopped or not
Mahesh
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3 Year
2022-03-28T11:34:04+00:00 2022-03-28T18:10:49+00:00Comment
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