The loans will be written down to the market value of the primary residence and then the borrower will have to pay two-thirds of the
rescheduled loan every month and the taxpayer (the state) is going to subsidise one-third of the monthly instalments on that
rescheduled loan.
The mortgage delinquency ratio remained unchanged at 0.02% and the
rescheduled loan ratio remained unchanged at nearly 0%.
"We also
rescheduled loan closings to other branches and if possible, used DocuSign to have documents signed electronically for loan closings.
In addition, payment of
rescheduled loan of Paris club is scheduled to commence within the next two years.
Presently, the crop loans are rescheduled for such affected farmers and they get benefit of interest subvention of 2% only for the first year of the
rescheduled loan. Now, all farmers affected by severe natural calamities, where assistance is provided from National Disaster Relief Fund (NDRF), will be provided the benefit of interest subvention of 2% and prompt repayment incentive of 3% for the entire period of reschedulement of their loans.
The loans will be written down to the market value of the primary residence and then the borrower will have to pay two-thirds of the
rescheduled loan every month while the taxpayer (the state) will subsidise one-third of the monthly instalments on that
rescheduled loan.
The mortgage delinquency ratio remained unchanged at 0.02 per cent and the
rescheduled loan ratio remained unchanged at nearly 0 per cent.
The mortgage delinquency ratio remained unchanged at 0.04% and the
rescheduled loan ratio remained unchanged at nearly 0%.
The mortgage delinquency ratio slightly increased to 0.04% and the
rescheduled loan ratio remained unchanged at nearly 0%.
The mortgage delinquency ratio remained unchanged at 0.03% and the
rescheduled loan ratio remained unchanged at nearly 0%.
The mortgage delinquency ratio and the
rescheduled loan ratio remained unchanged at 0.01 per cent and 0.03 per cent respectively in June.
The privilege package also provides that a maximum 9 percent interest will be charged on the
rescheduled loans and the tenure for the repayment is 10 years with a grace period of one year.
