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Restructuring of Personal Loan due to Covid Pandemic

Restructuring of Personal Loan due to Covid Pandemic

Restructuring of Personal Loan due to Covid Pandemic

  • The borrower accounts which were classified as standard, but not in default for more than 30 days with the lending institution as on March 1, 2020 are eligible for restructuring.
  • Customers whose income has not been impacted by the Covid-19 Pandemic shall not be eligible for restructuring.
  • Borrowers whose upper age limit does not permit extension of repayment period will not be eligible.
  • Accounts with overdue of more than 30 days as on 01.03.2020 should not be considered for restructuring.
  • Scheme is valid upto 31.12.2020.
  • Application Forms Request letter from borrower
  • For further details please contact your branch.

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( Last modified on Oct 05, 2020 at 10:10:41 AM )