Loan due harrassment
9 months ago
I didn't paid last 5 EMI. Of my two wheeler loan in manappuram vehicle loan..they send ladies to my home and they said you will get non bail case it's destroy your career
A.Dear Client,
In case of default in repayment of EMI against a loan as per the condition of repayment for consecutive 3 times, Bank/FI marked the loan as NPA and takes the routine course of action permitted under relevant laws for recovery of debt lying outstanding against you. Both Supreme Court and Regulatory Authority, RBI issued orders/advisories refraining Banks, FI strictly from taking any coercive or forceful action deploying the recovery agents to recover the dues from the defaulter loanee. Being a defaulter of a loan, in case you are getting such kind of threat calls or messages from recovery agents or any unknown entity, you need to report the matter in writing to the local PS and the concerned Bank and get in touch with an Advocate with all your papers/document for guidance and for taking necessary steps to resolve the issue in accordance with the provision of relevant laws
In case of default in repayment of EMI against a loan as per the condition of repayment for consecutive 3 times, Bank/FI marked the loan as NPA and takes the routine course of action permitted under relevant laws for recovery of debt lying outstanding against you. Both Supreme Court and Regulatory Authority, RBI issued orders/advisories refraining Banks, FI strictly from taking any coercive or forceful action deploying the recovery agents to recover the dues from the defaulter loanee. Being a defaulter of a loan, in case you are getting such kind of threat calls or messages from recovery agents or any unknown entity, you need to report the matter in writing to the local PS and the concerned Bank and get in touch with an Advocate with all your papers/document for guidance and for taking necessary steps to resolve the issue in accordance with the provision of relevant laws
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A.Dear client,
You can lodge a complaint at the police station against such persons. A civil injunction with ad-interim relief can be brought against the recovery organization in the civil court.
If the Bank's recovery agents unlawfully enter your house without your permission, a trespass complaint can be made against those individuals for violating their rights.
You can lodge a complaint at the police station against such persons. A civil injunction with ad-interim relief can be brought against the recovery organization in the civil court.
If the Bank's recovery agents unlawfully enter your house without your permission, a trespass complaint can be made against those individuals for violating their rights.
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