Asking borrowers to defer EMIs only if they have no cash, banks have said that interest for the three months would get compounded if not repaid at the end of the period. This could lead to the borrowers paying for several months more depending on the length of their loans.

from Times of India https://timesofindia.indiatimes.com/business/india-business/opting-for-emi-moratorium-be-ready-to-pay-more/articleshow/74940137.cms