Payment Moratorium

A payment moratorium is a temporary pause on your EMI payments. During this period, you are not required to make any loan repayments.

Key points:

• Moratorium periods are available for 1 month, 3 months, or 6 months depending on your situation
• Interest continues to accrue during the moratorium period and is added to your outstanding balance
• Your account will not be classified as in default while the moratorium is active
• No late fees or penal interest are charged during an approved moratorium
• At the end of the moratorium, your EMI schedule resumes automatically
• Your revised EMI amount may increase slightly to account for the accrued interest

A moratorium is assessed on a case-by-case basis under the RBI Stress Resolution Framework. Approval is subject to review by our specialist team within 48 hours.