Defaulting Of Loan

have u recieved any notice*Phone*undr sarfaesi act... plz book appointment with me as we see these types of matters only .

Get the instalments re-scheduled according to Your capacity but don't ignore the outstanding loan because the back may not discredit your CIBIL Account Which is more serious. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

Dear Sir, You need not worry since it is a personal loan so it is very difficult for them to get Court decree and attach your properties. Please give me rank after viewing my details. Please call me for further assistance.

You can approach your bank and inform them about it. In such cases, banks tend to offer something known as a 'one-time settlement' (OTS). Compromise settlement of non-performing loans (NPLs) between a bank and its borrowers as per the board-approved policy of the former.

Dear Mr. Rajesh, When loan was sanctioned to you, the banks must have kept any collateral as secured assets or any personal guarantee. Further, if you fail to pay EMIs for a continuous period of 3 months, your accounts will be declared NPA and bank will be well within its right to initiate SARFAESI proceedings. kindly share the details as to since when you have not been paying the EMIs and have banks approached you for repayment of the same. You can reach out to bank for One time settlement or restructuring of your account. Regards, Kajal Bhatia