About Private Loan
3 years ago
Hello Sir/Madam,
I got a text message regarding private loan for those who financially struggling in this lockdown. I approached them. They collected my documents like Bank statement, copy of Aadhar, Photo, PAN etc.(only soft copy). I asked them about terms and conditions to take loan. They said, only need to provide blank Cheque leafs and Stamp paper without date which costs 7.5% of total loan amount. Eg: For Rs. 5 lakh they are asking stamp paper worth Rs. 37,500/-. Is there any legal complication in such an agreement? Is it a fraudulent activity? Can they do anything with this non dated Stamp paper agreement? Can somebody guide me?
Adv. Sarika Khude
Responded 3 years ago
A.You should not proceed
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Shunmugaraja Raja
Responded 3 years ago
A.by undated cheque and stamp paper they can fill whatever they want so is not good one.
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Rameshwar Dadhe
Responded 3 years ago
A.Don't take any money from them please avoid it or go to the nearest police station and file complaint against them immediately because it's illegal activities
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A.1) When did you get the text message for the private loan during the lockdown?
2) What is the name of the company ? the firm/ the manager and the working people over there?
3) What is the address of the company in detail do they have any kind of website etc.?
4) Kindly DO NOT provide any kind of blank cheques and do not sign any kind of stamp paper without anything written on it.
5) Again in pertaining to the stamp paper worth Rs. 37,500/- there is nothing such as agreement of such high value for 5 lacs. All this is fraud activity kindly DONOT take any friend or relative along with you as you all will lose money. They may tell you that if you give 2-3 members they will NOT charge from you, but it is NOT the real situation . Your references will be at loss & again your friends will eat your head for the paid money. Such loan are called as TRAP Loans. These never exist. Tell them to take the processing fees to be deducted from the loan amount.. See they will NOT agree.
6) Ask this person to show whom all have they given the loan till date now and who is the person or the company who is giving such kind of fraud loans they will just take away your 37500 and run away.
7) Do let me know from where are this people are operating about the private loan there will be a modus operandi of large number of people involved in it. Do not fall as a pray to them and avoid them at all times.
8) If they have given you some agreement do show it to me
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Do show me the entire set of documents & I shall be able to guide you more into this matter.
Your query is answered in detail. We can help you in getting done the same & Complete Legal Documentation works. Hope this information is useful
ADV. ANISH PALKAR (High Court)
2) What is the name of the company ? the firm/ the manager and the working people over there?
3) What is the address of the company in detail do they have any kind of website etc.?
4) Kindly DO NOT provide any kind of blank cheques and do not sign any kind of stamp paper without anything written on it.
5) Again in pertaining to the stamp paper worth Rs. 37,500/- there is nothing such as agreement of such high value for 5 lacs. All this is fraud activity kindly DONOT take any friend or relative along with you as you all will lose money. They may tell you that if you give 2-3 members they will NOT charge from you, but it is NOT the real situation . Your references will be at loss & again your friends will eat your head for the paid money. Such loan are called as TRAP Loans. These never exist. Tell them to take the processing fees to be deducted from the loan amount.. See they will NOT agree.
6) Ask this person to show whom all have they given the loan till date now and who is the person or the company who is giving such kind of fraud loans they will just take away your 37500 and run away.
7) Do let me know from where are this people are operating about the private loan there will be a modus operandi of large number of people involved in it. Do not fall as a pray to them and avoid them at all times.
8) If they have given you some agreement do show it to me
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Do show me the entire set of documents & I shall be able to guide you more into this matter.
Your query is answered in detail. We can help you in getting done the same & Complete Legal Documentation works. Hope this information is useful
ADV. ANISH PALKAR (High Court)
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Ritesh Tahaliyani
Responded 3 years ago
A.Do Not fall prey to auch messeges unless and hntill you veify the authenticity of the sender. It is advisable to approach the office of the bamk or NBFC directly instead of dealing over phone.
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A.It is purely fraudulent. In different parts of India cheque bounce cases will be filed against at a later point of time. Be cautious. Please give me Rank 5 if you feel my answer helped you
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.You should not proceed with this, I apprehend some fraudulent activities.
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