Bank loan settlement case Bank loan settlement case

1 year ago

The loan of State Bank of India, Gaya Branch was settled in the National Lok Adalat. The settlement amount was paid in full after a delay of 21 days due to illness. Due to delay, the bank did not give No dues certificate.

ROHIT DALMIA

Responded 1 year ago

View All Answers
A.Dear Client!

The Bank cannot withold the no dues certificate o receipt of the agreed payment. Just issue the strong legal notice to the Bank and mark it to RBI.

We handle Bank rated matters and Bank does settle the issues of they are at fault.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 1 year ago

View All Answers
A.Dear Client

You should get in touch with the bank and ask for a No dues certificate if one wasn't issued by them. You may support your request by giving them evidence of payment, such bank records or receipts. You may register a complaint with the banking ombudsman or consumer court for relief if the bank still won't give a No dues certificate. Please seek an expert advice over this matter.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconMoney in account is put on hold by cyber cell
Dear Client, When a cyber complaint is field on National Cyber Crime Reporting Portal (NCCRP) or in case of any police complaint, the Cyber Crime Cell directs the concerned bank to freeze the accounts...
question iconOnline job fraud
Dear Client, Please register a complaint with cyber security for online fraud and scam. Complaints can be reported through helpline number 1930 or on National Cybercrime Reporting Portal. Or you can a...
question iconLoan
Dear Client, A co-applicant/borrower is equally liable for repayment of the debt if the principal Borrower fails to repay it and if after exercising all the steps for recovery of debt against the Bor...
question iconCompassionate appointment
Dear Client, The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
question iconEducation Loan OTS
Dear Client, Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...