Blog About Us

131: You may be denied loan if you opted for EMI moratorium

Many people have opted for EMI moratorium despite the fact that the RBI and banks clearly stated that it comes with an additional cost. However, there is an unintended consequence which people might have to face if they have opted for EMI moratorium. We explain how taking moratorium can lead to rejection of your fresh loan application despite the fact that RBI has stated that it will not have an impact on your credit score. 
825 Episodes
29 Apr 2024
11 MINS
1 2 3 83