Wednesday, April 1, 2020

EMI moratorium: Moratorium on loan EMIs, credit card dues will have an i...





It only means no repayments for the three months, but interest on your credit card dues and loan outstanding will keep accruing each month.

Credit card moratorium interest rate:- In normal times, one can defer payment by paying 5% of the due amount while the unpaid amount is carried forward to the next billing cycle and charged 2-4% interest.



It only means no repayments for the three months, but interest on your credit card dues and loan outstanding will keep accruing each month.

Credit card moratorium interest rate:- In normal times, one can defer payment by paying 5% of the due amount while the unpaid amount is carried forward to the next billing cycle and charged 2-4% interest.

No comments:

Post a Comment