Regarding housing loan Regarding housing loan

8 months ago

Bank is not ready for settlement regarding housing loan they r not concerns with my amount which I am offering 2 bank.

Kishan Dutt Kalaskar

Responded 8 months ago

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A.Dear Sir,
Bank is not suppose to settle and Courts also never advise the Bank to do so because Bank is running its business which involves public amount. You may approach higher rank bank officers and convince them to get concession in closing your account.
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Anik

Responded 8 months ago

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A.Dear client,
There is no compulsion for a bank to enter into OTS with you. The Bank is at liberty to accept or reject the offer put forth by the borrower to settle an NPA but a borrower cannot, as a matter of right, pray for grant of benefit of OTS scheme.
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