Loan Covered Under CGTMSE Scheme | Vkeel - Free Legal Advice

Ajoy Singh

Kolkata

Dear Madam/Sir, Can the GOI ( Govt. of India ) waive my CGTMSE amount OR is there any waiver provision against the CGTMSE Scheme that had been credited in my loan account by the bank. I have nothing to pay this CGTMSE amount to the bank . What can be the Legal compliance against a customer who is completely unable to pay the CGTMSE amount to the bank/ Govt. Thank You.

Expert's Answers(4)

Advocate Anik
Bengaluru, Karnataka

66 Client Ratings

Dear Client, As per the scheme, the lender is responsible for default. For more queries please contact Thank you.

March 12, 2022
Advocate Sanjeev Jain
Muzaffarnagar, Uttar Pradesh

8 Client Ratings

Dear Client you should contact local lawyer and solve your problem easily For further assistance please contact me Thank you

March 7, 2022
xxxxx cxxxxx
Bengaluru, Karnataka

184 Client Ratings

Dear Sir, You may approach Auditor or chartered accountant to get appropriate advise. Please give me rank after viewing my details. Please call me for further assistance.

March 2, 2022
Advocate Anik
Bengaluru, Karnataka

66 Client Ratings

Dear Client, There are certain thresholds to waver the CGTMSE. GOI doesn't do it in the volunteer process. There are certain modifications of the extension clause if the client is unable to pay. For more Queries, please contact Thank you.

March 1, 2022