Sundaram BNP Paribas Home Finance, the home finance subsidiary of Sundaram Finance Ltd, has decided to waive overdue interest levied for any delay in payment of EMIs for November 2015 and December 2015 for those customers who have been affected by the heavy rains in Chennai and other parts of Tamil Nadu recently.
This is provided they have paid EMIs due up to October 2015. The company will consider home improvement loans to its affected customers in Chennai without any processing fee, a press release from the company said.
Sundaram BNP Paribas Home Finance Ltd. is a 50.1% - 49.9% joint venture between Sundaram Finance and BNP Paribas of France