627+ Lawyers are online 
Remedy in case bank instituted fine for not paying EMI.
27-Nov-2023 (In Banking / Finance Law)
I took a home loan of Rs1500000 from Bank of Maharashtra Noida in 2013. I was told that till 1.5 years interest would be charged and after that emi amount would start getting deducted. But 6 months from then ,no emi were deducted. When I enquired in the bank about it, they asked me to write an application for the same and that's it. Now in 2017 when i want to repay my whole loan I come to know that a amount of around 200000 is charged on my account as overdue. I want to know what are my rights and what action i can take in this case?
Dear Complainant,
You can approach the District Consumer Dispute Redressal Forum having jurisdiction over the matter against the bank alleging deficiency in service committed by the bank for the reason as recorded in your complaint.
You can approach the District Consumer Dispute Redressal Forum having jurisdiction over the matter against the bank alleging deficiency in service committed by the bank for the reason as recorded in your complaint.
Helpful?
16+
16+
Adv. Siddharth Nandwani
Lucknow | 25+ Answers
CONTACT NOW
Dear client,
This is totally an arbitrary approach done by the bank against you. You are well within your rights take action against them. You can file a complaint against them the forum can be told after knowing more details.
This is totally an arbitrary approach done by the bank against you. You are well within your rights take action against them. You can file a complaint against them the forum can be told after knowing more details.
Helpful?
25+
25+
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.
Connect with top Banking / Finance lawyers for your specific legal issue
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."
