am the guarantor of my friends loan
am the guarantor of my friends loan
I am the guarantor of my friend's loan , he took load for 2 yrs but after 14 installments paid now he is not picking bank and my phones, nor giving any further EMI. but given notice to me to give rest
10 months ago
A. Dear Sir,
You may approach Police and see that some postdated cheque is taken or ask the Bank to seize his properties or file a recovery suit against him only.
Issues pertaining to promotion and issuance of NOC
I worked with one bank from 2013 to 2017.i 2017 joined new organisation on higher scales.but in 2019 my previous employer filed FIR againste in a deposit related issue and same was informed to my pres
10 months ago
A. Dear Client,
Once a criminal prosecution is launched against an employee, all the terms of employment were kept in abeyance till the acquittal of the employee from the criminal charge by the Court. Accordingly, your promotion and other benefits are kept in abeyance for the same reason. Even any NOC is not issued to the employee whose criminal case is under trial. So, you have to wait with patience for the right time and should cooperate with the investigating agency to refute the charges broug ...ReadMore
I have taken MSME colleteral less loan under CGTMSE
Sir,I have taken MSME colleteral less loan under CGTMSE (CGTMSE will refund money to bank in case of MSME fail to do bussuness)scheme.11lacs Term loan and 8 lacks working capital.Compantbecame and sic
10 months ago
A. Dear Client,
Once a bank loan is declared NPA, a routine process is adopted by the Bank for recovery of debt lying outstanding against NPA. Have you raised your grievance ever before the concerned Bank informing their deficiency in the collection of 2nd installment of the loan from CGTMSE that increases the interest on the loan under NPA, If not made till now, make an application to the Bank on this point and if any response to your complaint is not received or received an unsatisfactory respo ...ReadMore
Lien amount due to suspected cyber fraud
Someone whatsapp massage like and suscribe earn 40 and i like you tube video and then in my account 120 rs three time between 4-5june2023 then my account freeze due to suspeced cyber fraud and bank sa
10 months ago
A. Dear Client,
Once your Bank account is frozen/blocked by the Bank as per the instruction of the Cyber Cell of the Police, until and unless the investigation of suspected cyber fraud is complete and a report is submitted by the investigating agency of cyber cell acquitting you from the charge of your involvement in cyber fraud, your Bank account shall remain blocked/frozen. Pursue the matter with Cyber Cell for a resolution in the matter.
Bank Account Frozen
I made high number of transactions on my account & due to this reason my account is on debit freeze, I am a freelancer and a student. I also do p2p trading. I made a mistake by using my students savin
10 months ago
A. Dear Client,
Once a Bank account is frozen or inoperative it is held either for wrong operation or misuse on the part of the Account holder or for technical hazards. So you have to submit a grievance either online or offline to the Grievance Cell of the Bank for redressal of your grievance. If the Grievance Committee after inquiry finds you guilty of misuse of another person's bank account without his permission, you may be held liable for any kind of financial loss incurred to the other person ...ReadMore
Bank account freeze from legal enforcement agency
I am student studying outside India I am basically from Gujrat before 1 week I got to know that my bank account is freeze I have niyo global sbm account after thousands of mail I got to know that it i
10 months ago
A. Dear Client,
Under the Right to Information Act, 2005, you got the right to seek information from the office of a Public Authority or an office or deptt under the control of a public Authority. All the Banks or NBFC including public or private banks are regulated and controlled by the guidelines of RBI. So if you are not aware of the Central Public Information Officer of the Concerned Bank, you may put up an application under Sec.6(1) of RTI Act, 2005 addressing the CPIO of RBI seeking informat ...ReadMore
Issuance of Releiving letter
I was working in private bank and for future growth opt for a new opportunity, put my papers. When only 20 days were left of notice period they put my case in abeyance without knowing the reason. Afte
10 months ago
A. Dear Client,
You tender your resignation serving 90 days' notice in compliance with the terms of the contract of employment and on the cessation of the contract of employment with the Company on completion of 90 days of the notice period, the Company is dutybound to issue you relieving letter and disburse your F & F settlement dues failing which it may be treated as victimization and unfair labour practice on the part of the Company. So, until and unless the Company expressly denied to issue yo ...ReadMore
Home loan Account closed without Customer Consent
Dear Sir/Madam, I hold 1 Home Loan account with current Rate of Interest 9.2% for which I am availing Tax Benefit under 80c and 12B along with this home loan I am holding Topup home loan with current
10 months ago
A. Dear Client,
In the given situation, you may serve a legal notice to the Bank endorsing a copy to the higher authority. If no resolutions arrived, make out a complaint online to the Grievance portal of RBI and All India Bank Employees Federation.
You can also approach Banking Ombudsman for a resolution in the matter. In case you need any assistance contact our legal team.
Loan settlement
I have a loan against property. Now I am selling the property.Can I settle the loan amount?
10 months ago
A. Dear Client,
You can settle your loan availed against your property at any time. Until and unless you repay or settle the loan, you can not sell out the property.
Regarding NPA
Sir In Feb 2020 I got new Honda amaze on loan from sbi nd provide them my a/c cheques for ecs but they never provide them to my bank and I was requested to pay my EMI in their sbi branch after Corona
10 months ago
A. Dear Client,
When a retail loan is sanctioned by a Bank following the repayment through ECS mandate, No post-dated a/c payee cheque is required. The authorized Dealer of the vehicle got no role to play when a loan is sanctioned by Bank and mode of repayment of a loan is made through ECS mandate. The concerned dealer of the vehicle is fully responsible for default to make the transaction NPA that injures/damages your CIBIL record apart from other financial losses. Owing to failure on the part of ...ReadMore
