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Last Updated On 16-Sep-2022
Insurance

Bike stolen - purchased bike on loan

I purchased bike on loan in 2015 and after 1 year bike stolen so i apply insurance, Insurance company denied to give insurance so i also not give any emi to loan company so any legal action happen ?

( Gautam Buddha Nagar, Uttar Pradesh )

16-Sep-2022

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A.
The action taken by the lender depends on the nature of the loan taken. The consequences may vary. But it's not good to not pay the emi, that may cause trouble for you.
Posted On 16-Sep-2022
Vidhikarya
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A.
The action taken by the lender depends on the nature of the loan taken. The consequences may vary. But it's not good to not pay the emi, that may cause trouble for you.
Posted On 16-Sep-2022
Vidhikarya
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