Legal Question in Banking Law in India

hi

my father expired and he taken a loan of 2laks but the bank is saying to pay the whole amount how can i get reduce the amount if so how much amount can i have to pay the bank


Asked on 3/04/12, 10:25 pm

3 Answers from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

Talk with the bank officials and put forward your precarious situation and financial problems .

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Answered on 3/04/12, 11:30 pm
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

the reduction in loan amount or waiver of interest is the discretion of the bank. in case you feel that the amount should be less and is being illegally charged more, you may approach bank ombudsman or the consumer forum.

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Answered on 3/05/12, 12:18 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

i agree with Adv Rajiv

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Answered on 3/05/12, 3:19 am


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