Legal Question in Banking Law in India
I am going to get a loan amount of 14 Lakhs as demand draft from a private financier ? After getting the Demand draft , very next moment I have to give 1 Lakh 20 thousand for documention charge. Can I belive the Financier? Is there any way he can cheat me through the demand draft? Please answer to me.
Asked on 8/31/10, 5:55 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
yes, there may be cheating as 1 lac 20000 is not required for documentation. its merely 4 to 5000 that is paid for documentation in banks etc... you may be duped.
Answered on 8/31/10, 10:46 pm
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