Legal Question in Banking Law in India

i am having 2 bank loan i was dfolter but last week i have paid max ammount and i am short by 60 th but bank manager is telling te is goning to lock the house and take the possien so what to do


Asked on 6/10/16, 5:03 am

2 Answers from Attorneys
Dr Katta Venkata Rama Krishna Drkattavrk

1)At the time of payment itself, u would hv made one time settlement.

2) Now at least discuss with the bank and settle amicably. If they do not

agree u hv to pay.

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Answered on 6/10/16, 5:07 am
Fca Prashant Chavan Expert Edge LLP

10.06.2016

Dear Sir / Madam,

It is advisable and recommended that you somehow repay and settle and close both the loans at the earliest.

Regards,

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Answered on 6/10/16, 9:35 am


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