Hsslive.co.in: Kerala Higher Secondary News, Plus Two Notes, Plus One Notes, Plus two study material, Higher Secondary Question Paper.

Thursday, April 2, 2020

What is Bajaj Finserv EMI Moratorium Against COVID 19?

Bajaj Finance EMI Moratorium

Bajaj Finance reappoints Rajeev Jain as Managing Director – TechGraph

Official Bajaj Finance Moratorium Released by Bajaj Finserv

Dear Customer,

With the circumstances that we find ourselves in, we wish you well and hope you and your family stay healthy and safe.

As per the guidelines issued by RBI on 27th March, 2020 all commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all-India Financial Institutions, and NBFCs (including housing finance companies and micro-finance institutions) (“lending institutions”) financial institutions are permitted to give moratorium to customers instalments in respect of all term loans outstanding as on March 1, 2020. It also states that, the Interest shall continue to accrue on the outstanding portion of the loans during the moratorium period.

Hence, we would like to clarify few points so that there is clear understanding and you decide accordingly.

In the case you wish to avail moratorium and request us to stop EMI repayments of your loans during this period.

Interest will continue to be charged on the outstanding loan amount during the period of moratorium as well as the extended tenor of your loan.

Unpaid interest amount of your loan account during this period of moratorium will be capitalised i.e. added to you outstanding principal amount and in order to keep your instalment at the current level, the tenor of your loan will be enhanced accordingly.

As a result of above points, while your EMI amount will remain same, the amount of interest cost on your loan will increase due to extension of the remaining tenor of your loan.

FAQs Related to Bajaj Finserv Moratorium under COVID-19

For further details, you may click here for FAQs related to Bajaj Finance EMI moratorium under covid-19.

If you still wish to avail moratorium please click here to raise a request for Moratorium.

1. You will need to login and authenticate yourself
2. On the raise a request section, select “Covid-19 Moratorium Policy” option from the product dropdown
3. Select your loan details and read the Terms & Conditions carefully
4. If you agree with the Terms & Conditions, submit the request

You will hear from us soon regarding your eligibility and our acceptance of your request.

Regards,
BAJAJ FINANCE LIMITED
Share:

0 comments:

Post a Comment

Plus One (+1) Previous Year Question Papers

Plus One (+1) Previous Year Chapter Wise Question Papers, Plus One (+1) Physics Previous Year Chapter Wise Question Papers , Plus One (+1) Chemistry Previous Year Chapter Wise Question Papers, Plus One (+1) Maths Previous Year Chapter Wise Question Papers, Plus One (+1) Zoology Previous Year Chapter Wise Question Papers , Plus One (+1) Botany Previous Year Chapter Wise Question Papers, Plus One (+1) Computer Science Previous Year Chapter Wise Question Papers, Plus One (+1) Computer Application Previous Year Chapter Wise Question Papers, Plus One (+1) Commerce Previous Year Chapter Wise Question Papers , Plus One (+1) Humanities Previous Year Chapter Wise Question Papers , Plus One (+1) Economics Previous Year Chapter Wise Question Papers , Plus One (+1) History Previous Year Chapter Wise Question Papers , Plus One (+1) Islamic History Previous Year Chapter Wise Question Papers, Plus One (+1) Psychology Previous Year Chapter Wise Question Papers , Plus One (+1) Sociology Previous Year Chapter Wise Question Papers , Plus One (+1) Political Science Previous Year Chapter Wise Question Papers, Plus One (+1) Geography Previous Year Chapter Wise Question Papers , Plus One (+1) Accountancy Previous Year Chapter Wise Question Papers, Plus One (+1) Business Studies Previous Year Chapter Wise Question Papers, Plus One (+1) English Previous Year Chapter Wise Question Papers , Plus One (+1) Hindi Previous Year Chapter Wise Question Papers, Plus One (+1) Arabic Previous Year Chapter Wise Question Papers, Plus One (+1) Kaithang Previous Year Chapter Wise Question Papers , Plus One (+1) Malayalam Previous Year Chapter Wise Question Papers

Plus Two (+2) Previous Year Question Papers

Plus Two (+2) Previous Year Chapter Wise Question Papers, Plus Two (+2) Physics Previous Year Chapter Wise Question Papers , Plus Two (+2) Chemistry Previous Year Chapter Wise Question Papers, Plus Two (+2) Maths Previous Year Chapter Wise Question Papers, Plus Two (+2) Zoology Previous Year Chapter Wise Question Papers, Plus Two (+2) Botany Previous Year Chapter Wise Question Papers, Plus Two (+2) Computer Science Previous Year Chapter Wise Question Papers, Plus Two (+2) Computer Application Previous Year Chapter Wise Question Papers, Plus Two (+2) Commerce Previous Year Chapter Wise Question Papers , Plus Two (+2) Humanities Previous Year Chapter Wise Question Papers , Plus Two (+2) Economics Previous Year Chapter Wise Question Papers , Plus Two (+2) History Previous Year Chapter Wise Question Papers , Plus Two (+2) Islamic History Previous Year Chapter Wise Question Papers, Plus Two (+2) Psychology Previous Year Chapter Wise Question Papers , Plus Two (+2) Sociology Previous Year Chapter Wise Question Papers , Plus Two (+2) Political Science Previous Year Chapter Wise Question Papers, Plus Two (+2) Geography Previous Year Chapter Wise Question Papers, Plus Two (+2) Accountancy Previous Year Chapter Wise Question Papers, Plus Two (+2) Business Studies Previous Year Chapter Wise Question Papers, Plus Two (+2) English Previous Year Chapter Wise Question Papers , Plus Two (+2) Hindi Previous Year Chapter Wise Question Papers, Plus Two (+2) Arabic Previous Year Chapter Wise Question Papers, Plus Two (+2) Kaithang Previous Year Chapter Wise Question Papers , Plus Two (+2) Malayalam Previous Year Chapter Wise Question Papers
Copyright © HSSlive: Plus One & Plus Two Notes & Solutions for Kerala State Board | Powered by Blogger Design by ronangelo | Blogger Theme by NewBloggerThemes.com
close