Legal Question in Banking Law in India
Non Re-Payment of personal loan repayment
I have taken a personal loan of Rs. 5,70,000/- from ICICI bank. I have paid 14 EMIs, but now I am in financial trouble and not able to pay EMI for few months. if they give time for six months i'll repay. in this situation What I should to do? Please suggest
Asked on 7/19/09, 2:17 am
3 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Non Re-Payment of personal loan repayment
You should negotiate with them by inform about your position.
Answered on 7/19/09, 11:28 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: Non Re-Payment of personal loan repayment
you can approach the bank for rescheduling of loan.
Answered on 7/20/09, 1:53 am
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
Re: Non Re-Payment of personal loan repayment
Yours is not a case to be pleaded by any lawyre.
Answered on 7/20/09, 4:08 am
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