All Home Loan EMIs For 3 Months Should Waivoff- Corona Effect

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Dear Narendra Modi Ji & Dear CM KCR Garu,

Greetings of the day!!

Subject: Waivoff of Home loan EMIs by financial institutions & banks due Corona pandamic.

As you all know most of the Indian population is in middle class catagory. We all middle class people are living with monthly salaries. If we doesn't get salary for one month then we can't run the families. Almost 40% of employees in india has home loans with banks abd financial institutions in India. Out of this 20% loans are below 20 Lac with a monthly EMI amount of 10 to 15 thousand rupees. 

The present situation: Due to recent pandamic, whole nation is in Curfew. As private sector works only on revenue & profits. But due to recent shut downs, companies had fired many employees and some companies made cut-offs in monthly salaries. People with 2nd source of income can manage by paying loans & expenses. But people who has only salary income will suffer. Government and financial institutions can Identify the individuals financial status and those are having EMI amount less than 15,000 and home home of below 20L should be considered & EMI amount for April, May & June should Waivoff. 

The Waivoff should be intimated by central government & RBI. RBI should instruct banks and financial institutions to make this happen. As home loan interest charges are more for individual and banks had earned alot money from all of us in the form of interest charges.So kindly consider this.

I urge all to sign my petition till it reaches to PM.