icon loan - I took a loan of 10000 from pocketly

hello sir/ma'am I took a loan of 10000 from pocketly(RBI-registered nbfc) but was unable to pay it back due to financial issues(one month overdue), now they are saying that FIR will be filed against m


A. Dear Client,
You can file a case to get the stay order regarding this. You can say it before the court that your 180 days are not completed yet so they can't file a case against you.
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icon Bank notice

I have taken a loan of 70 lakhs and I’m paying monthly 1 lakh due to some family issues i was unable to pay the due of one month. Recovery agent came to my shop and gave a notice that i have to pay


A. Dear Client,
Bank have to follow all the procedure and have to give you enough time to repay your loan. If they are not doing so you can sue them for not giving you enough time to repayment of loan.
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icon Loan apps

I have taken a loan from mpockett Rs8000 i have not paid due to personal money problems. They have increased my late fee.can i have chance to remove my late fee


A. Dear Sir,
Remedies against harassment by Recovery Agents
Written By : Kishan Dutt Kalaskar Retired Judge

There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such instances, to showcase an example, an 81-year-old woman was seriously threatened by recovery agents, she got 375 threatening calls concerning her child's unpaid bank dues. After that, she moved to the poli ...ReadMore

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icon Inward remittance of money won in foreign lottery.

RBI/FEMA website says that money won from foreign lottery cannot be remitted to India. I, being an Indian resident, cannot open a foreign bank account and keep money outside India. Lottery organizatio


A. Dear Sir,
You may contact advocates practicing in International Law to solve your problem and meanwhile find out a Bank which allows Indian resident to open his account in foreign Bank.

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A. Dear Client,
You can complain about it to rhe Cyber crime branch and they will take the further action against it.
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icon Bank legal query

I bought a land last year through a power holder by getting loan from Axis bank (by mortgage)and bank verifiedall my documents and sanctioned the loan ,after registration, some one made a complaint to


A. Dear Client,
First of all get all the documents which shows that you had legally bought that land and the case was not your fault. You can't just stop paying EMI to the bank you have to follow all the rules and procedure so that you won't get trouble into the any other case. As you have took the loan from bank it's your responsibility to pay back the money.
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icon after of car RC not transferred

i have taken a car loan, due lock down i was unable to pay back, but i have requested for more time but they threatened me and my family members so i hand over the car, they auctioned my car immediate


A. Dear Client,
You can transfer the RC on the person's name by submitting an application regarding the transfer of your RC to that person in concerned board. You can say the same in court that you're not having the possession of the car now so you are not responsible for challan.
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icon Bank credit card department has wrongly declared

Bank credit card department has wrongly declared in its records my friend as dead inspite of his deceased wife which has adversely affected his cibil score and his son are being harassed for payment o


A. Dear Client,
You can send a legal notice to the department and ask them to stop harassing you and then file a case for the same.

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A. Dear Client,
The section 25 pf the act clearly states that before complaining under the said Act for recovery of money, the payee must intimate the payer vide a written notice seeking the payment of the dishonoured money or the payer will be punished. So you have to first give notice to the payer before complaining under this act and if payer didn't give you the payment then he will be punished.
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icon My bank freeze my account and they told me they got FIR, and no reason

My bank freezed account without notice, and I was asking them for reason from 3 days, they don't have reason, but someone filed FIR, and they don't know reasons for it.


A. Dear Client
You need to get the copy of the letter from the bank that the police would have sent to them and then you need to get in touch with the Police to sort it out.

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