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How to avail Interest waiver on Bank Loan?

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Intending to reduce the burden on the borrowers, the reserve bank of India had permitted banks to grant a moratorium on payment of loan installments for three months. This was again extended by another three months, making it a six-month moratorium. During this period, banks will continue charging interest, but it would be collected later. After this announcement was made, the petition was filed in the Supreme Court stating interest should not be charged during the moratorium period. Watch this video to know details about a waiver of interest on bank loans. 


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