SBI offers up to 2 yrs repayment relief for loans

State Bank of India will provide relief to home and retail loan borrowers impacted by Covid-19 in the form of either a moratorium of up to 24 months or by rescheduling instalments and extending the tenure by a period equivalent to the moratorium granted. ​​​​​The moratorium period can be extended by a maximum of 2 years, setting the tone for other banks, specially PSU players.

SBI offers up to 2 yrs repayment relief for loans
State Bank of India will provide relief to home and retail loan borrowers impacted by Covid-19 in the form of either a moratorium of up to 24 months or by rescheduling instalments and extending the tenure by a period equivalent to the moratorium granted. ​​​​​The moratorium period can be extended by a maximum of 2 years, setting the tone for other banks, specially PSU players.