EMI related
1 year ago
We have take a home loan. On March 1, I received a message from the bank saying 8140 Rs would be deducted towards EMI, but yesterday it deducted 8585, can I go legally and complaint it and what's the law?
A.Hello Sir,
Once the amount is converted into EMI payment mode, the bank will automatically debit a fixed amount each month as repayment. If the amount is deducted More then stated then you can for legal action According to terms and conditions.
Once the amount is converted into EMI payment mode, the bank will automatically debit a fixed amount each month as repayment. If the amount is deducted More then stated then you can for legal action According to terms and conditions.
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A.Dear Sir,
No, it is your fault and such excess amount may be adjusted towards future EMI’s be careful while dealing with Bankers.
No, it is your fault and such excess amount may be adjusted towards future EMI’s be careful while dealing with Bankers.
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