OUR PRODUCTS AND SERVICES
ANZ India supports institutional and corporate customers with their banking requirements for local and offshore facilities in India and across 32 other markets in our network worldwide through our three core product sets:
- Transaction Banking – trade and supply chain, payments and cash management and clearing services
- Markets – structuring and customer solutions, corporate and institutional sales, commodities solutions, wealth distribution, trading, debt capital markets, and syndications
- Loans & Specialised Finance – structured leasing and asset finance, project and structured finance, as well as structured export finance
- Foreign Exchange Rates (PDF 29 kB)
- Term Deposit Rates
Covid - 19 Regulatory Package
Ref RBI circular on COVID-19 Regulatory Package dated March 27, 2020, ANZ India clients who wish to request for such moratorium or deferral of interest payment should apply for the same stating clearly the underlying reason for the liquidity support requested and source of eventual repayment.
Clients who are opting in for a moratorium can send in their request using the usual channels and contact details as per regular drawdown requests.
About Moratorium :
Moratorium is a period where the repayment of principal and/ or / payment of interest that are due for payment as per the terms and conditions of the credit facility(ies) availed by the borrower(s)/ customer(s) may be postponed / deferred.
In case of customer(s)/ borrower(s) enjoying multiple credit facility(ies) from the Bank, the Moratorium option will have to exercised individually / separately for each such credit facility.
Please note that moratorium will merely defer the payment of your immediate repayment of principal and / or payment of interest and is not a concession / waiver of any of your liabilities towards Bank. The interest would continue to accrue during the Moratorium Period at the applicable rate of interest and the same shall be collected at end of the moratorium period. The repayment would resume as per regular payment schedule from 1 October 2020, post moratorium period.
Further, availing the Moratorium / Deferment will result in accumulation of accrued interest on the outstanding amount of loans/credit facility(ies) over the moratorium/deferment period and will consequently increase your overall debt to the Bank.
Grant of Moratorium :
ANZ will consider grant of such moratorium in adherence with ANZ group governance framework, credit & liquidity assessment of the applicant by ANZ and in compliance with our home regulatory requirements.
The moratorium can be availed for loan instalments due between 1 March 2020 to 30 September 2020. Interest will be accrued for this period and will be collected on 01 October 2020 including the principal payment.
For any further queries on the subject, please get in touch with your relationship manager at ANZ and in order to apply for the Moratorium please send an email to email@example.com.