LawRato

Got subsidy from government bank harassing to pay back loan


09-Dec-2023 (In Recovery Law)
i got industry loan of rs 8lakhs from indian bank on 2013 december and i got 2 lakhs subsidy for that loan from govt for that loan . in 2014 i got govt job the news now reached dic office and they asking to repay the subsidy amount or else they ll affect my job. like that they threatening me. what can i do now sir. pls hepl me
Answers (1)

Answer #1
721 votes
I will require many other details of this problem for giving you proper legal advise.

So, either share additional details or approach any Advocate for the appropriate and proper legal advise on how to handle and tackle the Banks as well as the Recovery agents.

It is not easy for anyone to deny and not pay the Bank on account of the credit card dues - even if it is due to NO JOB..

the banks are not concerned with your unemployment unfortunately and they will not stop from harassing and pressurizing you for the recovery of the money.

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."