1.The borrower can defer the EMI payments by a period of 3 months which is increased to 6 months ending on Aug 31st, 2020 and RBI may not extend this period any further. 2.It is up to the bank to decide the criteria for establishing who can avail of the EMI holiday. 3.The instalments should be due between March 1st and May 31st 2020. 4.Deferring the EMI payments by availing of the moratorium will not affect the credit score. 5.A borrower will continue to accrue interest on the home loan during the moratorium period.