What is the meaning of Loan moratorium? This page is about the meaning and definition of Loan moratorium.
A Loan moratorium period is a period during a loan term when the borrower is not obligated to make a payment. It is a waiting period before the borrower starts making fixed monthly payments. Loan repayment usually starts as soon as the loan is granted. But a moratorium period delays the equated monthly installment, or EMI, for a given time period.
