What Is Loan Restructuring | One Time Loan Restructuring | Restructuring Meaning | Loan Restructure?
Loan Restructuring simply means the remodification of loan terms & conditions to repay your loan emi easily, due to some financial stress.
Loan Restructuring is done by using following ways by lenders:-
1. Lenders Modify Loan Terms & Conditions
2. Offered Due To Financial Stress
3. No Defaulter & No NPA
4. Better For Lenders(save provisioning amount) & Borrowers
5. Change In Loan Repayment Period or Tenure
6. Change In Repayable Amount
7. Change In No. Of Installments or EMI
8. Change In Loan Rate Of Interest
9. Lenders may provide additional loan to repay you existing loan
10. Compromise Settlements