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

6 Reasons to Open a Fixed Deposit

Depositing additional funds are always welcomed by any bank, but, you as a customer are always muddled whether to store it in a Savings Account or a Fixed Deposit (FD) account. A head-on comparison be...

KNOW MORE

June 29, 2023

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

Mahindra Finance_ What are mutual funds?

Why invest in mutual funds? A brief overview of what are Mutual Funds and Their Benefits Why invest in mutual funds? Here’s a brief overview of what they are, different types of good mutual funds an...

KNOW MORE

June 30, 2023