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 impact of MSME loans in India

In today’s rapidly changing economy, Micro, Small, and Medium Enterprises (MSMEs) hold immense importance as the backbone of India’s economy. These enterprises not only generate employment...

KNOW MORE

April 10, 2024

Things to Consider While Availing a Commercial Vehicle Loan

A commercial vehicle loan is available to any individual or organization, which is planning to buy a commercial vehicle. These loans are often costlier compared to personal vehicles; hence, ...

KNOW MORE

June 29, 2023

Packaging Progress: Unwrapping the Perfect Packaging Machines with Mahindra Finance

Packaging plays a crucial role in protecting and preserving our products, influencing their shelf life, appeal, and brand identity. But choosing the right machinery can be daunting. Let’s explor...

KNOW MORE

February 14, 2024