Loan recovery - Recovery agency has right to visit my office
Loan recovery - Recovery agency has right to visit my office
Recovery agency has right to visit my office and share my loan details with HR and other colleagues
7 months ago
A. Dear client,
First of all, an agent is not supposed to visit you unless the bank has provided you sufficient notice. Such notice would include reminders via letters or phone calls. A recovery agent cannot discuss the details of the case with any other person unless the borrower has given permission to do so.
You can file a complaint at the local police station and you can also file a case againt them.
Holded money back process
I have telegram prepaid task scam And cyber crime police put on hold some amount So I want be know how to process get this hold money.
7 months ago
A. Dear client,
Prepaid task scams are a type of scam that involves tricking victims into paying for a fake job opportunity on Telegram. To recover money from such kinds of cyber scams, you need to report the scam to the police immediately and the Cyber Crime Cell and the concerned Bank. Once a cyber scam is reported to the Cyber Crime Cell, your bank account is put on hold or frozen as per the advice of Cyber Cell. Until and unless the investigation is completed, your account remains inoperative a ...ReadMore
Bank My gold loan not renewed reason my brother loan is pending
I have a gold loan from HDFC Bank. that is matured. I am staying in another country. So, I am not recheble to my HDFC bank account branch. So I requested kindly renew again. Bank said any one need t
7 months ago
A. Dear Client,
When you are not a guarantor against the credit card dues or any other loans availed by your brother you cannot be held liable for default of your brother in repayment of loan/debt and therefore, the stand taken by the Bank for rejecting your request of renewal of the gold loan appears to be highly arbitrary, unruly and unjustified on the part of Bank and deserve a discreet inquiry to justify the stand of the Bank. So, in the prevailing situation, you need to register complaints und ...ReadMore
can Bank personal loan recovered from Nominee
My brother gave personal loan from Ratnagiri district co operative bank in 2016. But in this condition my bro has expired in 2018 in an accident. Guarantor of this loan also expired. can Bank recovere
7 months ago
A. Dear client, If you were the legal nominee or heir of your brother, then unfortunately the bank does have the right to collect it from you. However, if your brother has any insurance then you can use that to pay on the loan amount
Unable to pay credit card bill
Unable to pay credit card bill getting harassment calls what to do
8 months ago
A. Dear Client,
Once the dues against a credit card are not repaid by the credit card holder for any reason whatsoever, it is treated by the Bank as NPA. Accordingly, the Bank sends notice to the Borrower asking him/her for repayment of the entire dues lying against your credit card offering suitable terms. In the absence of any response from the Credit Card Holder, the Bank started the routine process of action prescribed under relevant laws for recovery of debt lying outstanding against the Cred ...ReadMore
Harsshment from bank
I am harrased by bank calls for emi because i am unable to pay emi due to medical health issue
8 months ago
A. Dear Client,
Once the EMI against a loan is not repaid for consecutive 3 times by the borrower for any reason whatsoever, it is treated by the Bank as NPA. Accordingly, the Bank sends notice to the Borrower asking him/her for repayment of the entire dues lying against your loan offering suitable terms. In the absence of any response from the Borrower, the Bank started the routine process of action prescribed under relevant laws for recovery of debt lying outstanding against the Borrower and the ...ReadMore
Complaint against employer for harassment and reputation loss
My employer has been harassing me about leave issues they hold my increment as well as leave credit...as I was absentto look after my dependent brother..They r causing heavy distress to me
8 months ago
A. Dear Client,
An employee either on probation or regular employment is governed by the contract of employment i.e, an offer letter issued by the company at the time of joining. In this situation, you need to review the terms and condition of your offer letter carefully to find out whether the action of the Company is or are contradictory to the terms of your contract of employment. In case you find any deviation or violation of any terms of the contract that makes the working environment toxic, y ...ReadMore
A. Dear Client,
A mortgagor can opt for a one-time settlement of a loan created through a mortgage by repaying the entire outstanding against the loan to save the interest and get the status of the title of the property/asset encumbrance-free. On settlement of a mortgage loan, a Deed of Release is executed between the Mortgagor and Mortgagee Bank that is also required to be registered under the Registration Act to make the document valid and enforceable.
Home loan - My lender sold my home loan to another bank
My lender sold my home loan to another bank. Now that bank is charging me an higher interest rate making me pay a higher amount than what was decided with old lender. I am paying my loan with great d
8 months ago
A. Dear Client,
It appears from the query that your existing home loan is ported to another bank on your request. Portability is a home loan feature that allows you to keep your home loan when selling by changing the property securing the mortgage from your current property to a new one. The advantage of a loan balance transfer facility is that it comes at a lower rate of interest, which lowers the interest burden with reduced EMIs. But on porting the home loan balance to another Bank if you are fa ...ReadMore
Loan regarding
higher intrest rate maine 12 lakh ka loan liya tha 5-6 sal pahle aur maine bahut sari kist bhi Jama karvai Uske bad corona ki vajah se Halat kharab ho gai amount Jama Nahin karvaya aur 18.10.20122 ko
8 months ago
A. Dear Client,
Once the EMI against a loan is not repaid for consecutive 3 times by the borrower for any reason whatsoever, it is treated by Bank as NPA. Accordingly, Bank sends notice to Borrower asking him/her for repayment of the entire dues lying against your loan offering suitable terms. In the absence of any response from the Borrower, Bank started the routine process of action prescribed under relevant laws for recovery of debt lying outstanding against the Borrower and the Guarantor. You ...ReadMore
