login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
|

How exactly will customer’s repayment schedule change?

mahindra-finance-author

by Mahindra Finance

|

June 23, 2023

|

1 mins read

Customer’s tenure of loan will get extended by the no. of months moratorium is availed. For example: If a customer takes 3 months moratorium now, then the tenure will get extended by three months and customer will pay his regular EMI amount in those months. Plus, the customer will also need to pay the interest which gets accrued due to the moratorium. The exact details will be sent out to the customer shortly.

Related articles

7 Most Common Car Loan Mistakes To Avoid

Introduction: Buying a car can be an exciting milestone in one’s life. However, it can also be a costly affair, especially if you don’t plan your finances well. That’s where a car lo...

KNOW MORE

April 26, 2024

Business Risk Management: A Guide For Startups

Starting a new business is an ambitious yet risky endeavour. It’s no secret that only one out of ten startups ultimately succeeds. So, why is that the case? The answer lies in the common pitfall...

KNOW MORE

April 22, 2024

What is Floating Rate Fixed Deposit?

Are you looking for a safe and reliable investment option that offers flexibility and the potential for higher returns? If so, a floating rate fixed deposit might be the right choice for you. In this ...

KNOW MORE

March 5, 2024