Ministry of Finance has issued clarifications on its announcement of 3 months EMI Moratorium on All bank Loans outstanding.
Clarification on 3 Months EMI Moratorium on all Bank Loans Outstanding Read More »
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”) are being permitted to allow a moratorium of three months on payment of instalments in respect of all term loans outstanding as on March 1, 2020
Moratorium of 3 months instalments for all term loans outstanding as on 1st March 2020 Read More »
Ministry of Housing & Urban Affairs has issued order for Migration from Existing Housing Loan to revised HBA (House Building Advance) scheme of Departments.
Migration from Existing Home Loan to revised HBA scheme Read More »
The Government has advised Public Sector Banks (PSBs) to avoid pre-payment charges of two per cent on borrowers who repaid their housing loan amount taken ‘out of their own funds’.
Banks told to avoid pre-payment levy on home loans Read More »
