Aggressive & Invasive EMI reminders.
Aggressive & Invasive EMI reminders.
I have a perfect repayment record with no bounce or delayed payments yet I had to face this problem of excessive & rage inducing levels of EMI reminders, phone calls & SMS being thrown at me starting
3 years ago
A. Hi,
Legally there is no prescribed number of calls a bank can make. Nonetheless, if you are continuously being disturbed by the bank you should approach the bank manager and let him know of the same.
Loan with TV's when minor
I was minor I purchased a bike from TV's and I didnt have my parent they forged fake document like photo of other person and signed the document themselves and I got the loan I have been paying loan f
3 years ago
A. Hi,
Since, the contract was not in your name, in whose name it is? Though the company may take the vehicle if the payment is not done.
PROMISSORY NOTE
Is there any maximum limit for lending on promissory note? i.e. whether it can be done for more than a crore?
3 years ago
A. Hello. There is no maximum limit for lending on a promissory note.
Adv. Anushka Dikshit
Lended money to a friend
Lended 6 lakh in cash and 1 lac online transfer to a friend.delaying repayment.He is ready to give PDC and sign the promissory note.but confused that is lending 6 lakhs by cash legal in india.how shal
3 years ago
A. Hello,
You have to make an agreement-(Friendly Loan Agreement) and mention that" How you lended 6 lakh in cash to your friend" and 1 Lahk through online transfer. You have to mention the dates on which you are given the Cash and Online transfer. if your friend is ready to give you PDS and sign the promissory note then you have to mention that PDS in the said agreement. Further, you should declare this friendly loan amount in your ITR also.
After that present the said PDS in your bank.
As pe ...ReadMore
Nishant Singh
Ayantika Mondal @ Prime Legal
Kissht - Overdue
Kissht, They are saying Collection people are sent to your home address, What to do?
3 years ago
A. Hi,
More information is needed.
Ayantika Mondal @ Prime Legal
Money lending at a high interest rate and abusing and harassing.
On December 2018, My father took a loan of 3.5 lakh for my sister's marriage from a local moneylender at a 5% interest rate along with the papers of a plot owned by my father and ATM as security. For
3 years ago
A. Register an FIR in the nearby police station.
Ayantika Mondal @ Prime Legal
Mr
Bread-winner in the family passed away due to covid-19. Wife home maker, 5 years old son and 62 years old mother are dependent. No other income. He has a homeloan from CanFin of Rs.40 lacs. Monthly
3 years ago
A. Dear Sir,
Normally the borrower will be insured at the time of advancing loan and the insurance company will pay of such loan amount. Please stay with such contention if bank files any case against legal heirs.
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