Remove to-avail-moratorium-or-not-find-out
article thumbnail

To Avail Moratorium Or Not? Find Out

BankBazaar

However, consider these details before you take a decision to either avail the moratorium or continue paying your EMIs. Moratorium is not mandatory. It is also important to keep in mind that banks have the right, but not an obligation, to allow the three-month moratorium. EMIs are being deferred, not waived.

article thumbnail

Loan Moratorium: What Different Banks Are Offering

BankBazaar

Last week, the RBI allowed all lending institutions to offer a three-month moratorium to borrowers on repayment of all term loans including Credit Card dues. Read this to find out what your bank is offering. The moratorium is for payment of all installments due between Mar 1, 2020 and May 31, 2020. Annexure-III).

Cards 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoid These Personal Finance Mistakes During Lockdown

BankBazaar

Read on to find out what you shouldn’t do. Towards this end, financial relaxations such as easier access to Provident Funds and moratorium facility for credit repayments have been introduced. Don’t Avail Moratorium For Credit Card Dues. What a tumultuous year this has been so far.

Cards 78
article thumbnail

COVID-19 Insurance Policies That You Need To Know About

BankBazaar

Here are COVID-19-specific insurance policies currently available in India. . The policy is available under two sum insured options of Rs. Additional Reading: Loan Moratorium: What Different Banks Are Offering. Insurers in India have taken a cue and launched insurance products to respond to this need. 21,000 and Rs.

article thumbnail

The Growing Value Of Cross-Border Friends

PYMNTS

That’s all thanks to Apple, which by hook or by crook somehow managed to outwit or out-wait the Indian government and its insistence on regulations that would’ve made opening up Indian storefronts a tremendously expensive proposition. In return, Walmart will receive close to 5 percent of JD.com’s shares, worth about $1.5

Branding 101
article thumbnail

Walmart Amazon Whole Paycheck Tracker: Grocery Expansions, eCommerce Improvements And Voice Extensions

PYMNTS

But Amazon is winning that race a bit more convincingly according to data out this week. This week the key battle grounds were in familiar territory, the grocery aisle, with a sprinkling of voice commerce on both sides keeping things interesting. Big Play of the Week: The Grocery Double-Down . percent of the smart speaker market with 10.4

Branding 116
article thumbnail

Debt Collection: Have We Learned the Lessons of the Last Crises?

FICO

The last time there was a significant economic downturn, creditors hadn’t learned this lesson and consequently failed to carry out the actions and collection methods highlighted. Senior Principal Consultant. expand_less Back To Top. Thu, 11/03/2022 - 11:30. years it took typical collections customers.