Bajaj Finserv lets you avail moratorium on requesting them to stop EMI repayment of any loans during this period. Interest will continue to accrue on the outstanding amount of the loan during the period of moratorium. To keep instalments at current level, the additional interest will extend the tenure of your loan. The extension of the moratorium is till August 31,2020 on payment of all instalments in respect of term loans(personal loans, auto loans, etc).
If you want to avail the moratorium you would have to raise a request and you will need to login and authenticate yourself. When you are in the raise a request section, select “Covid-19 Moratorium Policy” option from the given product dropdown. Then you would have to select your loan details and read the terms and conditions. Once you agree with the terms and conditions, you can submit your request. If you have multiple loans, you would have to raise separate requests for each loan, if you want to avail the moratorium for the same.