The sooner due date of three-month EMI moratorium on term loans had been closing may 31, 2020.
The Reserve Bank of Asia (RBI) announced an expansion of this moratorium on term loan EMIs by 3 months, in other words. Till August 31, 2020 in a press seminar dated might 22, 2020. The sooner moratorium that is three-month the mortgage EMIs had been closing on May 31, 2020. This will make it a total of 6 months of moratorium on loan EMIs (equated instalment that is monthly beginning with March 1, 2020 to August 31, 2020.