Legal Question in Banking Law in India

I S. kumar having a credit card of SBI Credit card account and bearing with a limit of Rs.62000/- and with that card I used an amount of Rs. 51000/- and I paid an amount of Rs.1876/- & Rs.3533/- after that due to my financial issues I was not able to pay the balance and the same was came to settlement for Rs.45000/- with 3 months EMI basis (Aug, Sep, Oct�13) with in the 3 months time I had paid total Rs.35000/- and balance Rs.10000/- I was not able to pay again due to my financial crisis. when i contacted them after 2 months to pay the balance amount, now they are asking me to pay again Rs.44000/-. where as the outstanding amount is Rs.10000/- only,

please help me in this regard

>


Asked on 4/15/14, 11:46 pm

1 Answer from Attorneys

Rajiv Chandhok Ph: +919810050896 https://www.linkedin.com/in/rajiv-chandok-0827b733/

Stop paying them any more and let them move to the lok adalat. then you may press your facts in the lok adalat. You may drop in a detailed query at [email protected]

To know us better, please click on the links below:

http://www.linkedin.com/pub/rajiv-chandhok/33/7b7/82

http://www.lawguru.com/answers/atty_profile/view_attorney_profile/username#more_info

JSR/16414

Read more
Answered on 4/15/14, 11:57 pm


Related Questions & Answers

More Banking Law questions and answers in India