Showing solidarity to the flood affected people of Tamil Nadu, many banks including SBI, ICICI Bank and HDFC Bank have decided not to impose any penalty on its Chennai customers for delay in EMI payments.
The bank has decided to waive off penalty for late payment or no payment of EMI for November and December for Home Loans and Car Loans and personal loans, SBI said in a statement.
Besides, the largest lender has also done away with processing fees for loans the public may seek to take for...
#Chennaifloods: @SBI, @ICICIBank, HDFC not to impose penalty on EMI delay
The bank has decided to waive off penalty for late payment or no payment of EMI for November and December for Home Loans and Car Loans and personal loans, SBI said in a statement.
Besides, the largest lender has also done away with processing fees for loans the public may seek to take for...
#Chennaifloods: @SBI, @ICICIBank, HDFC not to impose penalty on EMI delay