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Education loan Education loan

2 years ago

I bought education loan in 2011 as 210000 I didn't pay small amount to bank till now because of lack of salary and job and also kidney stone problem my health and also poor farmer family. Indian overseas Bank now send notice to me pay a NPA amount outstanding 1,99000 past ten there was no notice or call from bank also .we thought that bank loan and interest was discounted by government and bank..what can i do. Now bank was told come for lokadalat or you should pay now 1,99000 within three months .bank ask for me Aadhar card and pan card for lokadalat process's.shall I produce Xerox copy of those .there was any problem occur while Aadhar and pan card details given to bank in future.please any body explain me and clear my all queries?

Kishan Dutt Kalaskar

Responded 2 years ago

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A.Dear Sir,
Yes, you can approach Lok Adalath and settle the issue amicably otherwise you have to legally fight if they file money recovery suit.

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