Emi

HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower

Interest rates are expected to harden in the coming months as global inflationary fears have been stoked due to geopolitical tensions

HDFC Bank extends moratorium on loan, EMIs, credit card outstandings by 3 months till August; here's all you need to know

HDFC Bank announced that it has extended the loan moratorium by another 3-months

Maruti Suzuki India partners with HDFC Bank to offer flexible car finance schemes

The country's largest car maker Maruti Suzuki India on Thursday said it has partnered with HDFC Bank Ltd to offer flexible finance schemes for new car buyers

RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to companies: CRISIL Ratings

The Reserve Bank of India's three-month suspension of EMIs could provide a liquidity breather of Rs 2.10 lakh crore if all corporates avail it, says a report

EMI moratorium fraud: Banks asking customers to be alert, not to share OTP with imposters

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'' and strongly advising them not to share sensitive information like OTP and PIN with imposters

EMI deferment as part of coronavirus relief may not be free; SBI clarifies moratorium to come at extra cost

According to a report by The Financial Express, SBI management on Wednesday clarified that the deferral of interest payment and not the waiver hence it would come at a cost

Coronavirus Outbreak: Bank of Baroda offers refund of March EMI to home, auto loan customers

State-run Bank of Baroda on Wednesday said it is offering retail customers the option of getting a refund of the EMI that already has been deducted in March to meet any liquidity need during the disruption caused by COVID-19 pandemic

RBI allows three month's moratorium on EMIs: Here are the steps to follow if you are an account holder in SBI, ICICI and HDFC banks

Here’s what you need to do to apply for a moratorium on loan EMIs and standing instructions provided by several banks such as SBI, ICICI Bank and HDFC Bank

Coronavirus Outbreak: Most private banks go for 'opt-in' option on loan repayment moratorium

Most of the private sector lenders have decided to go for the "opt-in" option on loan repayment moratorium, putting the onus on the customer to take the initiative of informing the bank of their choice to go for the three-month breather offered by the Reserve Bank of India

Coronavirus Outbreak: Borrowers unlikely to get significant gains from loan moratorium; banks to charge interest later

The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period, according to the moratorium scheme announced by state-owned banks