You have not missed a single equated monthly instalment (EMI) in a public sector bank (PSB), you may be able to avail a new personal loan product called the covid-19 loan if you have a salary account or an ongoing loan for which. Priced much reduced than regular signature loans, this system aims to help current bank clients to tide over a temporary crash crunch as a result of the ramifications of the pandemic that is covid-19.
A number of the banks providing covid-19 loans that are personal Bank of Baroda (BoB), Punjab nationwide Bank (PNB), Union Bank of Asia (UBI), Bank of Maharashtra (BoM) and Bank of Asia (BoI).
вЂњMany of our clients are facing temporary income dilemmas as their companies are spending them reduced salaries during the lockdown. Continue reading “Are covid-19 loans for you personally? A number of our clients are dealing with cash that is temporary issues because their companies are having to pay them reduced salaries during the lockdown”