As per the RBI notification, in the background of COVID 19, you can avail moratorium on your loan outstanding upto 31st May 2020, by placing a request with Shriram Housing Finance Limited (SHFL) at firstname.lastname@example.org. The Moratorium will be governed by the following policy (Click here)
Terms and conditions apply. Moratorium is at the sole discretion of SHFL.
Please note the following
1) Interest will accrue during the period of moratorium at contracted rate and would be collected from you by extending the tenor of your loan accordingly.
2) No cheque bounce charges and overdue charges will be applied on your account for EMIs covered under moratorium
3) Your EMIs will be presented regularly from the EMI payable date in June 2020 onwards
This will not lead to any other change in the terms and conditions of the loan with SHFL.