How Can Borrowers Opt For Loan Restructuring After Moratorium Ends..
2020 RBI Monetary Policy on EMI Moratorium & Loan Restructuring. This will be appropriate to business loans, car loans, home loans, personal loans, education loans, loans against property, term loans, etc. People & companies which are facing financial pressure can avail of these benefits.
RBI has come up with a new monetary policy on loan restructuring after its previous EMI Moratorium Policy that was brought during the Covid-19 economic crisis. The earlier loan EMI moratorium provided meant that a moratorium of up to 6 months can be availed during which the EMI would get accumulated to be paid later, after the moratorium period would end. However, the new rbi moratorium policy offers help to Retail consumers, MSMEs, and corporates, where you will be able to rearrange your loan amount, the EMI amount, and the lease of the loan.
This will be applicable to people who have car loans, education loans, home loans, loans against property, business loans, personal loans, term loans, etc. This Video will give provide you detailed knowledge about the RBI EMI loan restructuring policy. We will get to know the important policy changes taken in by this new rbi policy and how it affects current loan owners and small businesses.
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