Legal Question in Credit and Debt Law in India

dear sir,
i have get home loan from hdfc ltd in 2013 rs 7lcs, in 2015 my job company was closed, i i moved another company aftr 5 month , that time my emi was bounced for 5 months i informed to bank about it . now regurly i pay emi but bank adjusted the emi to intrest and other chages, so my pending emi was incresed evry month i told bank many times first i try to clear pending emi than i pay additional charges , but thay not consider , sir pls advice to me what i do, my pending emi was rs 35000 the they adjust 7500 rs for additonal intrest tis amount was my emi amount.
Thanks n.raj

Asked on 6/27/16, 7:06 am

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1) U agreed to T&C of the home loan sanction.

2) Discuss with the Bank and request them to rephaze the

instalments and waive the penal interest charged.

3) No legal way to get them accept ur terms.

Answered on 6/27/16, 7:25 am

Fca Prashant Chavan Expert Edge LLP

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27.06.2016

Dear Raj,

You should visit their office and discuss, sort out and agree on the matter.

Regards,

Answered on 6/27/16, 8:28 am

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