Can i harm with the recovery agent by banks for missing 1 emi if they visit home
8 months ago
What will happen if I beat the crap out of the bank collection agent who is banging and threatening me and my family in calls . Like break his jaws or elbow. I mean they have threatened so in self defense. Every body Deserves to know?
A.Dear Client,
In case of default in repayment of any loan as per the condition of repayment, Bank/FI takes a 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 Bank/NBFC 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 lodge an FIR/GD against the concerned recovery agents in the nearest Police Station and inform the concerned Bank with a copy of the FIR/GD. You can file a complaint online to the RBI against arbitrary and coercive action of the concerned Bank adopted for the recovery of debt through recovery agents from the loan defaulter. Apart you can make file a civil suit praying for an injunction against the Bank and recovery agent. So, being a loan defaulter don't take the law into your hand to treat the unruly recovery agents that may adversely affect your case, instead, you should get in touch with an Advocate with all your papers/document for guidance and necessary steps to resolve the issue in accordance with the provision of relevant laws.
In case of default in repayment of any loan as per the condition of repayment, Bank/FI takes a 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 Bank/NBFC 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 lodge an FIR/GD against the concerned recovery agents in the nearest Police Station and inform the concerned Bank with a copy of the FIR/GD. You can file a complaint online to the RBI against arbitrary and coercive action of the concerned Bank adopted for the recovery of debt through recovery agents from the loan defaulter. Apart you can make file a civil suit praying for an injunction against the Bank and recovery agent. So, being a loan defaulter don't take the law into your hand to treat the unruly recovery agents that may adversely affect your case, instead, you should get in touch with an Advocate with all your papers/document for guidance and necessary steps to resolve the issue in accordance with the provision of relevant laws.
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A.Dear client,
You cannot beat the recovery agents. You can file a complaint with the RBI, or you can talk to a lawyer about your rights and what you can do to stop the harassment. You may also be able to file a civil lawsuit against the debt collector if they have broken any laws.
You cannot beat the recovery agents. You can file a complaint with the RBI, or you can talk to a lawyer about your rights and what you can do to stop the harassment. You may also be able to file a civil lawsuit against the debt collector if they have broken any laws.
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