"Among others, as part of this scheme we are waiving employee loans as families will have to bear the burden otherwise. If an employee has taken a personal loan, car loan, two-wheeler loan or education loan, etc, that is 100 per cent waived by the bank. Housing loan waiver is up to Rs 25 lakh (before June 30, 2021)," Vaidyanathan said.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/idfc-first-bank-offers-four-times-annual-ctc-salary-continuation-for-two-years-to-corona-affected-employees-families-md/articleshow/83480684.cms
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