Menu
keyboard_backspace
ask a question ask a question
Get Realtime Updates of your Request. Download Vidhkarya App

Ask a Question - Free Legal Advice

Q. Bank loan

Placeholder image

Anonymous

posted 2 months ago

I took a personal loan which now I m not able to pay. 3 EMI have got bounced. I issued no cheque to bank when the loan was approved. Can bank file case against me for bouncing of EMI s without any cheque?

Showing 4 of 4 Responses

A. Dear client kindly visit your bank and discuss with bank authority about your situation.i hope your problem will be resolved.

Deepak Bade

Experience: 9 Year(s)

Responded 2 months ago

View All Answers
Reply Here

A. meet the br. managerand discuss your problem in details, which may solve the problem,For details, pl.contact some family lawyer like me through vidhikarya.com

Rajender Prasad

Experience: 5 Year(s)

Responded 2 months ago

View All Answers
Reply Here

A. Dear Client,
Meet the Branch Manager /Credit Officer of the Bank from where you availed the loan. Explain him/her about the situation/exact position of non payment and also the time you would require to pay back. That would solve 50% of your headache and rest you pay as soon as you can which will reduce your interest.Banks are not Charities but they are profit making Organisations and they will get their money back with penal interest.
Shanti Ranjan Behera, Advocate

Shanti Ranjan Behera

Experience: 22 Year(s)

Responded 2 months ago

View All Answers
Reply Here

A. Not cheque bouncing case but other sections can be valid. Better you pay them at the earliest.

ARPIT BATRA

Experience: 11 Year(s)

Responded 2 months ago

View All Answers
Reply Here