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Loans

Why does my RPS say I will pay Interest only for 24 months

As your account was partially disbursed when the account was opened, the Pre-EMI period of 24 months was reported in the repayment schedule (Interest only schedule), as we would not know when you will avail full disbursement. Once you avail the full disbursement, your Principal Payment will start from the next month. Before the end of 24 months, we cannot start your principal payment.

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