Loan and EMI Loan and EMI

3 years ago

I want to respond to a legal notice sent by NBFC that i need more time to pay my debts i took Loan of 1000 rs and now it became 4000 due to interest charges please help me

Ankur Goel @ Complete Law Shield

Responded 3 years ago

A.you have mobile/laptop with internet to ask the question.
you know english.
after all that you took loan of 1000.

There is a story which is used in movies also...
A person went to astrologer to know fate. Astrologer told his planet is bad so he will make it good by pooja.
Astrologer asked him 500/- fees. person said he dont have 500/-
Astrologer then asked 100/- fees. person said he dont have 100/- also
Astrologer then asked 10/- fees. person said he dont have 10/- also
Astrologer told that if he does not have 10/- then nobody in world can harm him.

so loan was of 10000 rs ?


Hope this clarifies,
Advocate Ankur Goel
(Complete Law Shield) #YourLifeYourChoice
Note - This is just a small advice. Proper advice can happen only after going through details.
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Anik

Responded 3 years ago

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A.Hi,
You may visit the bank officials and ask them for extension or you may send a formal letter to the bank manager requesting,extension of time for repayment of loan.
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Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hi,
You may send a letter to the bank manager for extension of time for re-payment of loan.
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