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 5 Cs To Consider When Applying For A Business Loan

Introduction Starting a business is an exciting endeavour that requires careful planning and financial support. One of the key factors in obtaining the necessary funds is applying for a business loan....

KNOW MORE

April 25, 2024

Do’s And Don’ts To Apply For Small Business Loans

Starting a new business has many challenges, especially in securing funding. Whether you need capital for product development, hiring employees, or purchasing real estate, a small business loan can pr...

KNOW MORE

April 10, 2024

What Happens if You Break Your FD: FD Breaking Charges

Fixed deposits (FDs) are a popular investment option in India due to their security and attractive returns. However, there may be instances where you need to break your FD before its maturity date. In...

KNOW MORE

February 29, 2024