Legal Question in Consumer Law in India

I have borrow loan from the bank Rs. 300000/-. The installment was deducting from my salary. presently i am not doing any job. i don,t have any balance with me. Balance loan is rs. 100000/- still outstanding. I don,t have any property. How can i pay the said loan


Asked on 1/04/12, 11:19 pm

3 Answers from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

Take financial help from your so called near and dear ones.

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Answered on 1/04/12, 11:43 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

i agree with Adv Kalra adding you will not be without a job forever so you can repay near ones when you get the job.

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Answered on 1/05/12, 1:11 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in the event of financial institution filing a suit for recovery, you may express your incapacity to pay and seek easy installments.

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Answered on 1/07/12, 7:34 am


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