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How to deal insufficiency of funds to pay back loan
08-Jun-2023 (In Banking / Finance Law)
sir my name is , i taken an education loan(b.tech) from federal bank(4lakh) at the year of 2011, in 2015 my course was completed, and now im unemployed, my father was past in 2010, and i dont have any source to repay the loan amount till i get any job, and now the bankers forcing me to repay the amount, sir i'm scared about this, is there any chances to loss my property? i submitted copies of every proofs, sir i request you to please give an idea to deserve this, and today i'm decided to a simple talk with branch manager, but i know that's not make any change. sir kindly please give me a immediate response, thankyou
There are so many ways open for you to settle the matter without any disturbance. Who took the loan and whether u have pledged your property with the bank etc...are not clear from the reading. Anyway there r options for extension of time for repayment
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Adv. Sreenivas V Pai
Kottayam | 25+ Answers
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