Tag: EMI

April 9, 2020

EMI moratorium fraud: Banks ask people to be alert

In a bid to warn customers against fraudsters who may attempt to exploit the EMI moratorium scheme, leading banks are reaching out to their customers to caution them against ‘EMI moratorium frauds’. Imposters may contact you to help postpone your EMI payments and request you to share OTP, CVV, password or PIN or any bank account details, warned banks.

April 2, 2020

Opting for EMI moratorium? Be ready to pay more

Asking borrowers to defer EMIs only if they have no cash, banks have said that interest for the three months would get compounded if not repaid at the end of the period. This could lead to the borrowers paying for several months more depending on the length of their loans.

March 31, 2020

Public sector banks extend EMI moratorium to customers

In a relief to customers, some public sector banks on Tuesday announced deferment of EMI (equated monthly instalment) payments on loans for three months following directions by the Reserve Bank of India (RBI) which asked all lending institutions to allow three month moratorium on loan payments as the economy grapples with Covid-19 challenges.

March 31, 2020

Banks yet to act on EMI relief, spark confusion

With just two days left for the next EMI cycle to begin, most big lenders are unprepared to follow the Reserve Bank of India’s blanket order allowing borrowers to hold back from paying instalments for the month. Top lenders such as State Bank of India, HDFC Bank, ICICI Bank, Kotak Bank and Axis Bank have not activated any channel for customers to exercise an option.

August 4, 2017

Abc – All Of My Heart Lyrics

ABCAll Of My Heart Lyrics Once upon a time when we were friends I gave you my heart, the story ends No happy ever after, now were friends Wish upon a star if that might help The stars collide if you decide Wish upon a star if that might help What’s it like to have loved and to lose her touch? What’s it like to […]