Cancelling a Hardship Arrangement
Yes, you can cancel a hardship arrangement at any time and resume your original payment schedule.
Key points:
- Contact ICICI Bank via phone (1800-1080) or through iMobile to request cancellation
- Payments resume from the next EMI cycle after cancellation is processed
- Any interest accrued during the moratorium remains on the outstanding balance
- Your credit file will be updated to reflect the return to standard repayment
- No penalty is charged for early cancellation of a hardship arrangement
Early resumption of payments is encouraged if your financial situation improves before the moratorium period ends.