{"id":1318,"date":"2020-04-08T14:42:36","date_gmt":"2020-04-08T14:42:36","guid":{"rendered":"https:\/\/www.ynorme.com\/blog\/?p=1318"},"modified":"2020-04-08T14:43:19","modified_gmt":"2020-04-08T14:43:19","slug":"waiver-relief-for-home-loan-auto-loan-takers","status":"publish","type":"post","link":"https:\/\/www.ynorme.com\/blog\/waiver-relief-for-home-loan-auto-loan-takers\/","title":{"rendered":"Have EMIs to pay? WAIVER relief for home loan, auto loan takers! No need to pay for 3 months"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\"><strong>\u200bEMI payment waiver:&nbsp;RBI&nbsp;has permitted all lending institutions to allow a 3-month \u201cmoratorium\u201d on payment of installments on term loans.<\/strong><\/h5>\n\n\n\n<p><strong>EMI payment waiver:\u00a0<\/strong>The Reserve Bank of India (RBI) has permitted all lending institutions, which includes banks, NBFC and co-operative banks, to allow a 3-month \u201cmoratorium\u201d on payment of installments on term loans. So, if you were worried about paying EMIs on home loans, auto loans, personal loans, etc. then you can now relax as the RBI Governor Shaktikanta Das has announced three months\u2019 waiver on term loan EMIs deduction. <\/p>\n\n\n\n<p> Terming the RBI\u2019s decision as a timely, move Veena Sivaramakrishnan, Partner, Shardul Amarchand Mangaldas &amp; Co said, \u201cRBI has broadly delivered on the immediate expectation that the industry has posed to the regulator. Deferment of interest for term loans and working capital for the immediate three month period, without any adverse asset classification, will give the Indian corporates the needed breathing space to mitigate the disruption on their day to day operations in the near future.\u201d <\/p>\n\n\n\n<p>\n\nSivaramakrishnan added, \u201cA statement to the public at large that all their deposits, whether it is with the public sector or private sector banks, are safe also provides relief and negates anxiety and panic\u201d.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u200bEMI payment waiver:&nbsp;RBI&nbsp;has permitted all lending institutions to allow a 3-month \u201cmoratorium\u201d on payment of installments on term loans. EMI payment waiver:\u00a0The Reserve Bank of India (RBI) has permitted all lending institutions, which includes banks, NBFC and co-operative banks, to&#8230; <\/p>\n","protected":false},"author":1,"featured_media":1319,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-1318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Have EMIs to pay? WAIVER relief for home loan, auto loan takers! No need to pay for 3 months - Ynorme<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ynorme.com\/blog\/waiver-relief-for-home-loan-auto-loan-takers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Have EMIs to pay? WAIVER relief for home loan, auto loan takers! No need to pay for 3 months - Ynorme\" \/>\n<meta property=\"og:description\" content=\"\u200bEMI payment waiver:&nbsp;RBI&nbsp;has permitted all lending institutions to allow a 3-month \u201cmoratorium\u201d on payment of installments on term loans. EMI payment waiver:\u00a0The Reserve Bank of India (RBI) has permitted all lending institutions, which includes banks, NBFC and co-operative banks, to...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ynorme.com\/blog\/waiver-relief-for-home-loan-auto-loan-takers\/\" \/>\n<meta property=\"og:site_name\" content=\"Ynorme\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ynormesolution\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-08T14:42:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-08T14:43:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ynorme.com\/blog\/wp-content\/uploads\/2020\/04\/Capture-546.png\" \/>\n\t<meta property=\"og:image:width\" content=\"664\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ynorme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ynorme\" \/>\n<meta name=\"twitter:site\" content=\"@ynorme\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ynorme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ynorme.com\\\/blog\\\/waiver-relief-for-home-loan-auto-loan-takers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ynorme.com\\\/blog\\\/waiver-relief-for-home-loan-auto-loan-takers\\\/\"},\"author\":{\"name\":\"Ynorme\",\"@id\":\"https:\\\/\\\/www.ynorme.com\\\/blog\\\/#\\\/schema\\\/person\\\/cb8ddae83e17a9c330716b9a7daf1ced\"},\"headline\":\"Have EMIs to pay? 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