LawRato

As bank employee not offered installment or settlement option.


17-Oct-2023 (In Labour & Service Law)

I was in staff of SBI and i had availed one credit card. I have utilized that card in 2013 and due to financial condition was unable to re pay it. I was not able to make lump sum amount. Other customers were offered one time settlement or installments. But me being a employee i am offered none. What can i do now? Their recovery agents are now are threatening me.

Answers (1)

Answer #1
205 votes

We suggest that you should speak to the SBI agent and give him the said reason , that due to financial condition you are unable to pay the amount.

Accordingly SBI agents will arrive at settlement with you.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."