Know-How Moratorium Period on Loan Can Affect Your Loan Monthly EMI

There is no doubt that the Novel Coronavirus (COVID-19) has left everyone and all sectors across the world affected. The world has more than 1 crore cases with India at the 3rd spot with more than 16 lakh cases and 35000+ deaths. 

Because of the unprecedented situation, many people have lost their jobs and are getting pay cuts. Hence, it may not be possible for them to make way for monthly EMIs for many loans and other debts. And the personal loan is no exception. It is where the EMI Moratorium ...