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

Fixed Deposit Schemes in India

In order to generate maximum returns out of an investment, it is essential to find the ideal fixed deposit (FD) scheme. There are a number of factors, which need to be considered before appl...

KNOW MORE

June 30, 2023

Building credit while paying off a car loan

Are you thinking of financing a car? Many of us require some form of financing to purchase a vehicle, but have you ever wondered if a car loan can help build your credit? The short answer is yes, but ...

KNOW MORE

April 17, 2024

Top-fixed-deposit-investment-mistakes-to-avoid

Top Fixed Deposit Investment Mistakes To Avoid

Investing your hard-earned money in a fixed deposit is a great way to secure your financial future. They can provide you with funds for financial needs when you might think of taking a personal loan. ...

KNOW MORE

July 1, 2024