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

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

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

The First-Time Car Buyer’s Guide To Choosing A Car Loan In India

Introduction Buying your first car is an exciting milestone, but it can also be overwhelming, especially when it comes to financing options. With countless lenders and loan choices available in India,...

KNOW MORE

May 13, 2024

Flexi Fixed Deposit – Features & Benefits Of Flexible FD

Introduction Are you looking for an investment option that offers the perfect balance between high returns and liquidity? Look no further than a Flexi Fixed Deposit (FD). In this article, we will expl...

KNOW MORE

May 13, 2024

What-is-the-Pradhan-Mantri-Awas-Yojana-PMAY-subsidy

What is the Pradhan Mantri Awas Yojana (PMAY) subsidy

Many Indians dream of owning a home. The Pradhan Mantri Awas Yojana (PMAY) is an initiative launched by the Indian government to make this dream a reality for millions of people. PMAY offers financial...

KNOW MORE

July 25, 2024