NEW DELHI : In line with the actions of Private sector lenders such as HDFC Bank, ICICI Bank and Kotak Mahindra Bank, Axis Bank has also come up with offer for its customers to opt for the loan moratorium. "In the wake of the Reserve Bank of India’s guidelines on the COVID-19 Regulatory Package, we are now offering you the flexibility to opt for a moratorium/deferment," Axis Bank tweeted on Thursday.
At a time when the nation is facing unprecedented challenges due to COVID-19, we extend our support by offering moratorium on payment of EMIs/instalments and interest on Term Loans/Credit Card dues, and/or deferment of interest payments on Working Capital facilities.