Interest moratorium Refunds from GOI – Credit cards and loans.
I have received the above for my personal loan and credit cards (SBI/HDFC/AXIS).
I have following Queries:
1)Has any one received the above refunds for credit cards of Citi and StanChart?
2)I am able to calculate the interest on interest for personal loan and it matches with the refund received.
How ever, unable to calculate for credit cards and loan on credit cards. Has any one arrived at any formula for the same?