Legal Counsel Vidhikarya

Responded 3 months ago

View All Answers
A.Dear Client,
In the given situation, filing a complaint against the recovery agents in the local Police Station endorsing a copy of said complaint to the concerned Bank, a complaint against the loan recovery agents appointed by the Bank can be made to the regulatory authority RBI at https://cms. rbi.org.in or by calling the helpline number 14440. The complaint may be lodged online or by filing an offline complaint and submitting the same at the Centralised Receipt and Processing Centre (CRPC) at RBI, 4th Floor, Sector 17, Chandigarh, PIN-160017. Further, a quick counseling session with a certified credit counselor can help you discover your options and choose the right path to resolve or settle the matter
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 3 months ago

View All Answers
A.Dear Client,
If you're facing pressure or harassment to repay a loan within an unreasonably short timeframe, it's crucial to prioritize your financial well-being and seek a fair resolution. Firstly, communicate with the lender to discuss your situation and request a reasonable repayment plan that aligns with your financial capacity. Document all communication, and if the lender continues to impose unrealistic deadlines or engages in harassment, consider seeking advice from a financial counselor or legal professional. Understand your rights as a borrower and the applicable laws in your jurisdiction that protect against predatory lending practices or harassment. If necessary, file a complaint with the relevant consumer protection authorities. Remember, it's essential to prioritize your financial health and seek fair and lawful resolutions to avoid undue stress and hardship.
Thankyou
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconMoney in account is put on hold by cyber cell
Dear Client, When a cyber complaint is field on National Cyber Crime Reporting Portal (NCCRP) or in case of any police complaint, the Cyber Crime Cell directs the concerned bank to freeze the accounts...
question iconOnline job fraud
Dear Client, Please register a complaint with cyber security for online fraud and scam. Complaints can be reported through helpline number 1930 or on National Cybercrime Reporting Portal. Or you can a...
question iconLoan
Dear Client, A co-applicant/borrower is equally liable for repayment of the debt if the principal Borrower fails to repay it and if after exercising all the steps for recovery of debt against the Bor...
question iconCompassionate appointment
Dear Client, The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
question iconEducation Loan OTS
Dear Client, Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...