Legal Question in Banking Law in India

Respected Sir,

I have taken hdfc bank personal loan for Rs. 129000. Tenure is 36 months.

I have completed 34 months emi. Anyhow all the months I have paid the emi in late payment, fine and cheque bonus charges.

Last 2 months I have not paid due to my family personal problem. It was already 4 months over. Now planned to repayment the 2 months due with fine or penalty in coming month first week. So it comes 15 days time. Anyhow I will pay the amount in next month at any cost. But now the hdfc bank collection sent an sms to my official number as that they are coming to my work organisation to collect the money.

But for me if they come here my career will get damage. And also I am a low depression person and don�t know how to overcome this problem

So please kindly advice me how to overcome this problem. Anyhow I will pay the amount in the next month.

Thanks,

R.PRATHAP


Asked on 8/17/14, 10:41 pm

1 Answer from Attorneys
J. Radhakrishnan independent Practice

Complain to the police as ell as Reserve Bank of India against the harassment by recovery agents.

Read more
Answered on 8/18/14, 1:09 am


Related Questions & Answers

More Banking Law questions and answers in India