Will the moratorium be applicable in case there is brand brand brand new loans sanctioned after March 1, 2020 through the lockdown duration?

As an example, if an instalment had been due on fifteenth March, 2020, but has approved cash loans fees remained unpaid up to now, the lending company can impose the moratorium from fifteenth March, 2020 plus in that case, revised deadline shall be fifteenth June, 2020. Will the moratorium be applicable in the event of new loans sanctioned after March 1, 2020 through the lockdown duration?

Theoretically, new loans sanctioned after March 1, 2020 aren’t covered underneath the news release because it pointed out about loans outstanding as on March 1, 2020. Leia o resto deste post »