LIC Loan borrowers! Want to defer payment of EMI? Here is how to do it
LIC Loan Borrowers: If you have availed a retail or a corporate loan from the Life Insurance Corporation of India (LIC) and are in a financial crunch you can defer the loan repayment for 3 months. The facility of loan deferment by three months is being given by banks and financial institutions as per the directions of the reserve Bank of India
This facility is being provided by the state-run ensurer to people who have been economically impacted due to COVID -19. Source: PTI