EMI deferment could put additional payment burden on the borrowers as banks informed that the interest shall continue to accrue on the outstanding portion of the loan during the moratorium period. They reiterated that it is 'deferment' and not an 'interest waiver'. The country's largest public-sector lender SBI also warned customers on Wednesday about the additional cost and advised borrowers to repay their loans if they are in a position to do the same. Explaining about the impact on home loan, State Bank of India said for a loan of ₹30 lakh with a remaining maturity of 15 years, the net additional interest would be nearly ₹2.34 lakh which is equal to eight EMIs. For auto loan of ₹6 lakh with a remaining maturity of 54 months, the additional interest payable would be around ₹19,000, equal to additional 1.5 EMIs, the bank said.