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Covid - 19 EMI Moratorium


Covid-19 RBI Notice:EMI Moratorium

The prevailing situation due to Covid19 may pose a huge challenge for people at large. As a measure of relief, RBI has permitted all Indian Banks / Indian Financial Institutions to offer their customers a moratorium of up to 3 months on EMI/ Pre-EMI, as applicable, payments falling due between 01 March 2020 to 31 May 2020. As per RBI, this has further been extended for another 3 months i.e. 01 June 2020 to 31 August 2020.

All AHF customers are eligible for the said moratorium. Customers having over dues prior to 01 March 2020 may also opt for the moratorium, and their requests shall be considered by AHF based on its merits.

If you choose the moratorium of EMI/ Pre-EMI, as applicable:
  • - Interest will continue to accrue on the principal outstanding for the period of the moratorium at the contracted rate of the loan, payable later with interest thereon.
  • - The loan tenure will get extended by the corresponding period for which the moratorium has been availed and to provide for the moratorium period interest amount along with interest. A revised repayment schedule shall be made available to you.
  • - For example, if the EMI/ Pre-EMI, as applicable, for the month of March-2020 has been paid and moratorium for April-2020 & May-2020 has been availed, then the loan tenure will be extended by 2 months plus months required to pay for the moratorium period interest of these 2 months along with its interest.

The interest accrued during the moratorium period would be added to the principal amount which will increase the residual tenure of the loan keeping the EMI amount same, except in cases where extension of tenure is not possible where the EMI amount will increase.

If you do not want the moratorium on EMI/ Pre-EMI, as applicable, you need to continue paying the same on the due date by keeping sufficient balance in your bank account from where the EMI/ Pre-EMI as applicable is debited. No further action is required from your side.


We encourage customers with adequate funds to continue paying during this period to avoid the extra interest charges and tenor extension. However, if you skip the payment of your EMI/ Pre-EMI, as applicable, for any month during this period, it will be understood that you require the moratorium for that month.

Opting for the Moratorium is entirely the customers’ choice. We understand that all our customers may not opt for the Moratorium given that there is an additional levy of interest payable under the terms of the moratorium, hence the amount was debited.

There is no charge to avail this moratorium.

However, If you avail the moratorium on EMI/ Pre-EMI, as applicable, there will be a levy of interest at the contracted rate of the loan for the period of EMI/ Pre-EMI moratorium on the loan outstanding. Such interest will be collected with interest by extending the original tenor of the loan accordingly.

- No. As the EMI will remain same there is no need of fresh Auto Debit (AD) or NACH mandate.
- If you opt for moratorium, the residual tenure will increase to recover for the moratorium period payments and the  accrued interest during moratorium period along with its interest. However, in case the residual tenure cannot be increased due to any reason then the instalment amount will be increased and a fresh NACH mandate will be required.

- You will have to provide your consent by sending an e-mail to us on Refer to the detailed notification on our website
- However, if you skip your EMI/ Pre-EMI, as applicable, payment for any month during this period, it is understood that you require the moratorium for that month.

You can avail of the moratorium only for the unpaid EMI/ Pre-EMI, as applicable. Please follow the process given above for availing the moratorium.

No. Opting for the moratorium of EMI/ Pre-EMI, as applicable, will not affect your Credit Rating or Score

You can follow any of the methods given below for any queries that you may have:

  •  - Please refer to the detailed information available on our website ( in the Policies section under Resource Centre (Policy Name–Covid-19 Loan Repayment Notice).
  • - Write to us at OR 
  • - Call us at 1800-11-5050