Kool_SRG Posted March 27, 2020 Report Posted March 27, 2020 1. Repo rate tagginchatam ante banks can take more money from RBI at lend more to consumers at reduced rate of interest its to keep liquidity flowing. 2. 3 Months moritorium provision on term loans means 3 months daaka EMIs kattapoyina shouldn't be a issue and no penalties or interest but will adjusted in subsequent EMIs.. Won't bother borrower's credit score also... Quote
jefferson1 Posted March 27, 2020 Author Report Posted March 27, 2020 10 minutes ago, Kool_SRG said: 1. Repo rate tagginchatam ante banks can take more money from RBI at lend more to consumers at reduced rate of interest its to keep liquidity flowing. 2. 3 Months moritorium provision on term loans means 3 months daaka EMIs kattapoyina shouldn't be a issue and no penalties or interest but will adjusted in subsequent EMIs.. Won't bother borrower's credit score also... naku bank loan EMI undu, danni three months wave chesthara leka later months collect cheskuntara? Quote
Kool_SRG Posted March 27, 2020 Report Posted March 27, 2020 Just now, Hydrockers said: Car loans ki kuda 3 months unda Yes applicable for auto loans also it depends from bank to bank also.. Quote
Hydrockers Posted March 27, 2020 Report Posted March 27, 2020 1 minute ago, jefferson1 said: naku bank loan EMI undu, danni three months wave chesthara leka later months collect cheskuntara? Later months collect chestaru Quote
Hydrockers Posted March 27, 2020 Report Posted March 27, 2020 Just now, Kool_SRG said: Yes applicable for auto loans also it depends from bank to bank also.. Hammaya lacha safe Quote
Kool_SRG Posted March 27, 2020 Report Posted March 27, 2020 1 minute ago, jefferson1 said: naku bank loan EMI undu, danni three months wave chesthara leka later months collect cheskuntara? No waiving off nuvvu kattagalithe katteyi mamuluga else will be adjusted with rest of EMIs mee lending bank vaalu deeni gurinchi discuss chesi neeku communicate chestaru deeni gurinchi wait for it... Quote
Kool_SRG Posted March 27, 2020 Report Posted March 27, 2020 1 minute ago, Hydrockers said: Hammaya lacha safe Kattaeyi unte deniki laagudu... Time ki kattesthe emayina reduction isthe baguntadi cash back laaga Quote
Hydrockers Posted March 27, 2020 Report Posted March 27, 2020 Just now, Kool_SRG said: Kattaeyi unte deniki laagudu... Time ki kattesthe emayina reduction isthe baguntadi cash back laaga Income lu sarriga levu Expenses ekkuva unnai emi lu chance iste vadukovali kada kaka Quote
krishna0125 Posted March 27, 2020 Report Posted March 27, 2020 1 hour ago, Kool_SRG said: 1. Repo rate tagginchatam ante banks can take more money from RBI at lend more to consumers at reduced rate of interest its to keep liquidity flowing. 2. 3 Months moritorium provision on term loans means 3 months daaka EMIs kattapoyina shouldn't be a issue and no penalties or interest but will adjusted in subsequent EMIs.. Won't bother borrower's credit score also... what about moritorium on over draft interest payments? Quote
Kool_SRG Posted March 27, 2020 Report Posted March 27, 2020 SBI to give moratorium on repayments Quote
Kool_SRG Posted March 27, 2020 Report Posted March 27, 2020 5 minutes ago, krishna0125 said: what about moritorium on over draft interest payments? No idea bro, the lending bank will communicate to you Q. What kind of loans does the moratorium cover? A: The RBI policy statement explicitly mentions term loans, which includes home loans, personal loans, education loans, auto and any loans which have a fixed tenure. The also include consumer durable loans, such as EMIs on mobiles, fridge, TV etc Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.