icon overcharging of rate of interest

bank is charging unethical ROI. asked them many time reason of this overcharging no proper answer given.went to rbi ombudsman than they refund 20000 but amount they deduct is over 1.25 lac. filed rti


A. Dear Sir,
First approach Banking Ombudsman if nothing is happened then approach High Court and get justice.

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A. Dear Sir
It seems it is a personal loan and the bankers cannot recovery the amounts unless you voluntarily pay the amounts. Better change the location of your residence if recovery agents approaching you. They cannot go to civil court as it may take years to get the decree.

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icon I cant pay my Loan Emi

I want to Settlement but Navi app said they don't have Settlement Option What to Do?


A. Dear Client,

When a borrower defaults on loan repayments for three consecutive installments, the bank typically initiates a routine course of action for loan recovery, marking the loan as a bad loan or Non-Performing Asset (NPA). The borrower becomes personally liable for the outstanding debt. Negotiating a debt settlement can be pursued individually or through third parties like debt relief companies. In such negotiations, payments are made to the settlement company, and a portion of the loan ...ReadMore

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icon HDFC Bank not open my Bank Account

Cyber crime department already send mail to my HDFC Bank Branch for unfreez my account but HDFC Bank not open my Bank Account?


A. Dear Client,

Under Section 457 of the Code of Criminal Procedure (CrPC), a Magistrate has the authority to exercise discretion in ordering the conditional release of funds frozen during a cyber scam investigation. In such cases, the police may request a bond from the victim, who must declare a commitment to reimburse the bank 1.5 times the refunded amount if their claim is found to be false or if additional claims are made on the amount. Following the execution of this bond, the Magistrate iss ...ReadMore

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icon Getting OFF from home loan Guarantor

Sir, I have signed home loan guarantor to known person for his home loan as help. He is not paying EMIs amount for the past 1+ year & He was missing now, not reachable. All his pending amount are mapp


A. Dear Client,

A guarantor shares equal liability for repaying the principal borrower's debt. If attempts to recover debt from the borrower fail, the bank can pursue recovery from the guarantor, attaching the security provided by them. Even in the absence of a guarantor, their legal heirs may be held responsible for settling the debt using inherited assets. While a guarantor can request more time to settle dues, they cannot evade their repayment responsibility for any reason. Legal actions, incl ...ReadMore

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icon Hold of 100000

Hold of one lack is on 28 feb for clearing bike loan nd i clear my loan on 4 March and ndc summit to bank but sbi not unhold what did i do know


A. Dear Client,

Building positive relationships with staff members and ensuring the successful completion of tasks can be crucial, as attempting legal action against banks may be a lengthy and challenging process. The procedures involved are often protracted, and authorities frequently lean towards supporting the banks in such matters.

While it's important to maintain good rapport with staff to facilitate smoother processes, if you find yourself in a situation where legal action is necessary, it ...ReadMore

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icon LOAN SETTELMENT TO CORUT THROUGH

HOW TO LOAN SETTELMENT TO COURT THROUGH?


A. Dear Client,

The resolution of loans typically occurs during the pre-litigation stage or within ongoing court proceedings. Lok Adalat, as an alternative dispute resolution mechanism, plays a significant role in settling disputes amicably. Lok Adalats are forums where disputes, either pending in a court of law or at the pre-litigation stage, can be resolved through compromise. These adalats have obtained statutory status under the Legal Services Authorities Act, 1987.

Primarily dealing with ci ...ReadMore

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icon Demand notice 2 for LAP

I have a loan (LAP) in HDB they have published second appendix IV possession notice in newspaper in that notice it's mentioned within 60 I need to pay the entire amount. But the executive made a call


A. Dear Client,

In the context of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, the process involves the issuance of a Registered Auction Notice by the Bank or Financial Institution (FI) to identified borrowers. This notice, sent with acknowledgment due, provides a 14-day period for the borrower to redeem the property and avoid auction sale.

The Debt Recovery Tribunal (DRT) is a quasi-judicial body that handles SARFAESI-related mat ...ReadMore

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icon WhatsApp data entry fraud

Is there any chance of getting money back if he's not receiving my calls and not answering my texts ? The whole situation is that yesterday I was talking with elite company agent Priyanka she said th


A. Dear Client,

Fraudulent companies often exploit individuals seeking online data entry or part-time jobs, attempting to extort money from unsuspecting job seekers. If you receive such unethical threats or demands from such entities, it is advisable to ignore them, recognizing the dubious nature of their intentions. However, as a victim of an online job scam, taking certain legal steps can help address the situation:

1. Ignore Unethical Threats: Disregard any unethical threats or demands from t ...ReadMore

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icon Cheating on Data Entry job

I'm worked as a data entry job operator for few weeks, I completed my task within the allocated date now their QC team told me that my forms are incorrect (they consider capital letter and small lette


A. Dear Client,

Online data entry or part-time job offers, especially those that involve soliciting money from unemployed individuals, are often associated with fraudulent activities. If you find yourself victimized by such a scam, it is advisable to take the following steps:

1. File a Police Complaint: Lodge a General Diary (GD) or a formal complaint against the fraudulent company at your local police station. Include any relevant papers, documents, or digital evidence you may have.

2. Serve a ...ReadMore

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