Sir Sir

2 years ago

I have taken gold loans from IIFL one year back And I have paid all the interest. Now today I have received Mark to market notice from IIFL that I have to pay more than 1 lakh with in 4 days. Please do guide me what to do? It is not possible to arrange money with in 4 days

Kishan Dutt Kalaskar

Responded 2 years ago

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A.Dear Sir,
You may approach police and also get issue a strong legal notice.

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Ankur Goel @ Complete Law Shield

Responded 2 years ago

A.you not took noc or loan closure document.
thats the mistake many people do and fraud banks dont send it automatically.
if you already paid all interest then no need to worry.
complaint to rbi ombudsman which is waste but it does sometimes work in small matters.


Advocate Ankur Goel
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Anish Palkar

Responded 2 years ago

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A.your question is lacking details

1) How much GOLD LOAN did u take from IIFL, which branch , ROI , tenure. ETC
2) Currently the international market price for gold is different & there is valuation in every 90 days which differs
please provide with more details etc.

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Anik

Responded 2 years ago

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A.Hii,
If you have paid all the interest, did you proceed to obtain a NOC from the IIFL. If you have cleared all your interest, then give a reply to the notice and attach all the proof of payment. That should settle the loan account.
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Ayantika Mondal @ Prime Legal

Responded 2 years ago

A.Hii,
If you have paid all the interest, did you proceed to obtain a NOC from the IIFL. If you have cleared all your interest, then give a reply to the notice and attach all the proof of payment. That should settle the loan account.
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