Settlement process out of 3 dues paid 2 but left one Settlement process out of 3 dues paid 2 but left one

9 months ago

In a settlement process out of 3 dues paid 2 but left one because of unfortunate situations. Now i am willing to do the payment of remaining one due, but the collecting agent forcing me to pay the outstanding instead of remaining due.

Anik

Responded 9 months ago

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A.Dear client,
The RBI, has sternly advised the bank/NBFC to abstain from pursuing debts owed by loan defaulters by forceful or violent means, such as by hiring recovery agents. You can submit a complaint to the RBI's Grievance Cell online in the current circumstance, along with a copy to the relevant Bank.
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Vidhi Samaadhaan Vidhi Samaadhaan

Legal Counsel Vidhikarya

Responded 9 months ago

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A.Dear client,
Regulatory authority RBI, has strictly adviced the Bank/NBFC to refrain from collection of dues from the defaulters of loan by force or coercive action by engaging recovery agents. In the prevailing situation you may file a complaint to the Grievance Cell of RBI online endorsing a copy to concerned Bank.
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Vidhi Samaadhaan Vidhi Samaadhaan

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