educratsweb logo


Public sector banks have announced deferment of EMI payments on loans to customers for three months in the wake of COVID-19 pandemic.

The RBI had earlier issued directions asking lending institutions to allow three month moratorium on loan payments.

Public sector banks announce deferment of EMI payments on loans

Banks like State Bank of India, Punjab and Sind Bank, Canara Bank, UCO Bank, Syndicate Bank and Bank of Baroda have announced the offer of the moratorium to customers via tweets.

SBI said on its Twitter handle that they have initiated steps to defer the installments and EMIs on term loans falling between 1st of March and 31st of May.

It said the interest on Working capital facilities for the period has also been deferred to 30th of June.

Canara Bank is further providing collateral and margin free loans up to Rs 20 lakh to Self Help Groups

Public sector banks announce deferment of EMI payments on loans
Contents shared By educratsweb.com

इन 7 बिज़नस को शुरू करके लाखो कमाए🔥🔥, Small business ideas, New business ideas 2020, Export Business
Published on Monday June 1 2020
if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register & Share your contents.
For Advertisment or any query email us at educratsweb@gmail.com

RELATED POST
2 RBI announces nine additional measures for strengthening the Economy
3 Local to Global: Khadi Masks to Hit Foreign Markets
4 Japanese companies invited to invest in Indian Pharmaceutical and Medical Devices industry
5 Government committed to uphold and protect interest of homebuyers while ensuring ease of doing business in real estate sector
6 Union Minister for Rural Development and Panchayati Raj Shri Narendra Singh Tomar launches The Saras Collection on the Government e-Marketplace (GeM) portal
7 Mother Dairy procuring an average milk volume of 2.55 lakh litres per day in Vidarbha and Marathwada region
8 What work do translation agencies do?
9 EPFO settles 1.37 Lakh EPF withdrawal claims to fight Covid-19 in less than 10 days
10 Govt gives benefits to farmers on crop loan repayments due to Covid-19 lockdown
11 Public sector banks announce deferment of EMI payments on loans
12 ESIC Further Extends Period for Filing ESI Contribution
13 Hand sanitizer prepared by ARCI provided to police personnel on duty during COVID 19 crisis
14 Complete list of NSE holidays for the year 2020
15 Register your Business in Directory
16 5 Tips for Creating a Professional Website
17 Register your Business in Directory
18 Fitness band online
19 Unified Payments Interface (UPI)
20 NPS tax benefit vs EPF vs PPF: Example on how it plays out for your retirement corpus
21 EPF vs PPF vs VPF: Which one is better for saving money?
22 Budget 2019 Highlights – 7 changes you must know
23 Mind Mingles - Digital Marketing Company
24 Government e-Marketplace (GeM) : Procurement Made Smart
25 Best Isolation Transformers Manufacturers in India
26 177 new mandis from 10 States & UTs integrated with the e-NAM platform for marketing of Agricultural produce
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! visit https://forms.gle/jDz4fFqXuvSfQmUC9 and submit your valuable feedback.
Save this page as PDF | Recommend to your Friends

http://educratsweb(dot)com http://www.educratsweb.com/content.php?id=1608 http://educratsweb.com educratsweb.com educratsweb