<p class="title">HDFC Bank on Wednesday offered to defer EMIs in the wake of the <a href="https://www.deccanherald.com/tag/coronavirus">coronavirus</a> pandemic.</p>.<p class="bodytext">The bank in an email to its customers said the prevailing situation may pose a huge challenge for people at large. "In line with the RBI guidelines and to show our solidarity, HDFC Bank is offering its customers EMI moratorium as a relief measure.</p>.<p class="bodytext">"You can defer your EMIs/loan installments and credit card dues up to 3 months," the bank said.</p>.<p class="bodytext">The bank said its debit card holder customers can now withdraw cash from any ATM without charges till June 30.</p>.<p class="bodytext">"There won't be any cap on the number of withdrawals or other transactions done at the ATM including declined transactions," it said.</p>.<p class="bodytext">"We will also waive the minimum monthly/quarterly balance requirements for the savings and current account holders for four months - from March to June 2020. These customers will be sent a separate communication," the lender added.</p>.<p class="bodytext">All the public sector lenders on Tuesday announced they will be extending the moratorium for three months, giving their customers a window to pay EMIs and interest on working capital loans by small businesses or MSMEs.</p>.<p class="bodytext">These measures are part of RBI's mega liquidity booster announced on Friday as the coronavirus lockdown has crippled almost every economic activity in the country. </p>
<p class="title">HDFC Bank on Wednesday offered to defer EMIs in the wake of the <a href="https://www.deccanherald.com/tag/coronavirus">coronavirus</a> pandemic.</p>.<p class="bodytext">The bank in an email to its customers said the prevailing situation may pose a huge challenge for people at large. "In line with the RBI guidelines and to show our solidarity, HDFC Bank is offering its customers EMI moratorium as a relief measure.</p>.<p class="bodytext">"You can defer your EMIs/loan installments and credit card dues up to 3 months," the bank said.</p>.<p class="bodytext">The bank said its debit card holder customers can now withdraw cash from any ATM without charges till June 30.</p>.<p class="bodytext">"There won't be any cap on the number of withdrawals or other transactions done at the ATM including declined transactions," it said.</p>.<p class="bodytext">"We will also waive the minimum monthly/quarterly balance requirements for the savings and current account holders for four months - from March to June 2020. These customers will be sent a separate communication," the lender added.</p>.<p class="bodytext">All the public sector lenders on Tuesday announced they will be extending the moratorium for three months, giving their customers a window to pay EMIs and interest on working capital loans by small businesses or MSMEs.</p>.<p class="bodytext">These measures are part of RBI's mega liquidity booster announced on Friday as the coronavirus lockdown has crippled almost every economic activity in the country. </p>