SBI offers up to 2 years repayment relief for home & retail loans

State Bank of India will provide relief to home and retail loan borrowers impacted by Covid-19 in the form of either a moratorium of up to 24 months or by rescheduling instalments and extending the tenure by a period equivalent to the moratorium granted. ​​​​​The moratorium period can be extended by a maximum of 2 years, setting the tone for other banks, specially PSU players.

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