Regarding Bank Account freeze
Regarding Bank Account freeze
Hello, I have Savings Account in HDFC Bank since 2019. One week before I get notification from Bank my account is freeze due to Profile declare income is not match with Transaction happened in the ac
3 months ago
A. Dear Client,
Facing a frozen bank account can be distressing, but there are steps you can take to resolve the issue. Ensure you have submitted all required KYC documents and source of income proofs. Since the branch manager has not responded, consider visiting the bank in person, if possible, to follow up on the status of your account. If that's not feasible, persistently contact the customer support, providing them with your reference or complaint number and emphasizing the urgency of your situ ...ReadMore
NPA of Cash credit Account
I have two accounts with bank one is home loan and another is cash credit loan .Unfortunately the cc loan account renewal has got delayed and this has turned NPA. Because of this my home loan account
3 months ago
A. Dear Client,
Both cash credit accounts and home loans are considered debt and once the repayment of a loan stops or bounces for consecutive 3 installments, The Bank initiates a routine course of action for recovery of the loan from the borrower marking both the loan/debt as a bad loan/NPA for recovery of debt from the borrower following the provision under the SARFAESI Act and the order of Debt Recovery Tribunal directing attachment of secured assets of the borrower. However, you may negotiate ...ReadMore
A. Dear Client,
After reporting a cybercrime or fraudulent transaction on the National Cyber Crime Reporting Portal (NCCRP), the Cyber Crime Cell instructs its investigating team to initiate the routine investigation process, including freezing suspected fraudsters' accounts and the victim's bank account. The duration of the investigation varies based on factors such as case complexity, available resources, and victim cooperation. It is essential to wait for the Cyber Crime Cell to complete the inv ...ReadMore
Loan amount not releasing of a sanctioned student loan
Is there any chance to withhold the loan amount in case the student has backlogs in the pervious semester's. The loan is already sanctioned and 3 part of the amount was released.
3 months ago
A. Dear Client,
In the context of student loans, the disbursement of funds is typically contingent on various factors, including academic performance. If a student has backlogs from previous semesters, there is a possibility that the disbursement of the remaining loan amount could be affected. Many educational loan agreements include provisions that allow lenders to reassess disbursements based on academic progress.
To address this situation, it's advisable for the student to communicate with the l ...ReadMore
BANKING LUNCH TIMINGS
This is bring to kind notice that As per RBI Bank Lunch timings is there not there in RBI ACT 1934
3 months ago
A. Dear Sir,
You have to check with the concerned circulars of RBI and also internal circulars issued by particular Bank.
I have two accounts with bank
I have two accounts with bank , one is cash credit and another is home loan. Unfortunately the cc loan account renewal has got delayed and has this turned NPA. Because of this my home loan account has
3 months ago
A. Dear Sir,
The Bankers now given full powers for recovery of loans if there is default and your account has already become NPA. Better go to DRT.
A. Dear Client,
In the given situation, filing a complaint against the recovery agents in the local Police Station endorsing a copy of said complaint to the concerned Bank, a complaint against the loan recovery agents appointed by the Bank can be made to the regulatory authority RBI at https://cms. rbi.org.in or by calling the helpline number 14440. The complaint may be lodged online or by filing an offline complaint and submitting the same at the Centralised Receipt and Processing Centre (CRPC) a ...ReadMore
Bill payment
I will not pay 3 month credit card bill recovery agent will say I will esuue legal notice n arest you
3 months ago
A. Dear Client,
Failing to pay your credit card bill for three months may prompt the involvement of a recovery agent who could threaten legal action. It's crucial to address this situation responsibly. Ignoring the issue might escalate matters, leading to potential legal consequences. Instead, consider reaching out to your credit card company to discuss your financial situation and explore possible solutions, such as restructuring your payment plan. Seeking professional financial advice can also be ...ReadMore
Loan refund
I have a loan fron HDFC bank which i availed on 14 june 2023. My emi of rs 46771 is on time every month but every month i am getting rs 6749 amount as refund in my account. Bank is saying that someone
3 months ago
A. Dear Client,
If you mistakenly receive something that doesn't legally belong to you, it's your responsibility to promptly inform your bank in writing to rectify the situation and hold them accountable for any failure in addressing the irregularity. Attempt to negotiate with the bank first, and if unsuccessful, escalate the matter by bringing it to the attention of higher authorities within the bank. Additionally, filing a complaint online with the regulatory authority RBI is advised. If all else ...ReadMore
Bank account freeze by cyber cell
Respected lawyer,i have earned 30L in three months through online site by betting in dafabet and i losed all that amount again but my bank account is freezed due to some fraudulent transactions when I
3 months ago
A. Dear Client,
If you find yourself in a situation where your bank account is frozen due to alleged fraudulent transactions and you are facing charges under various sections of the IT Act and other relevant provisions, it's crucial to seek legal advice immediately. Consulting with a qualified lawyer who specializes in cyber law can help you understand your rights and the best course of action. Be transparent about the situation, providing all necessary information to your legal representative. Add ...ReadMore
