Missing two instalments may add 10 months to loan

Hit by the lockdown and faced with uncertainty, many people are looking to avail of the repayment relief that banks are offering. Although banks are yet to announce the details of the relief package and how it will work out, we do know that this is only a grace period and they are likely to charge interest for the unpaid amount.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/39Al7AE