Can I still withdraw money if my Online Banking is locked?
Some lenders offer a "moratorium" period, which allows you to pause EMI payments for a fixed duration, such as 3 or 6 months. During this period, you are not considered to be in default; however, it is important to understand that interest typically continues to accrue on the outstanding principal balance throughout the pause. This means your total interest burden and the loan tenure may increase once the moratorium ends. You must verify if your specific loan agreement provides this option and check with your lender regarding the long-term impact on your repayment schedule.