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Where to complain for harassment from bank for recovery of money


11-Aug-2023 (In Banking / Finance Law)
Due to insufficient fund, I can't paid 5 months emi on credit card loan. They regularly harrased my parents & inlaws. I request them for settlement by phone call but they hadn't heard my problem. What should I do? How to complain in RBI?
Answers (4)

Answer #1
647 votes
you firsty issue a notice to this regard and finally also a complaint to the police and to the RBI for the cancellation of this particular bank and that they are causing undue harassment and mental agony

Answer #2
676 votes
Sir
You cannot complain for the outstanding which is due on you .
Rather than telephonic conversation, directly approach and if required take help of a lawyer to settle your issues with the bank by settlement means.
Answer #3
529 votes
Hello,
Please call us @ 9818097236, so that we can discuss the matter in detail. or visit us @ Rohit Agarwal, Advocate, J-132, 2nd Floor, Rajouri Garden, New Delhi - 110027
http://bit.ly/Advocate-Rohit-Agarwal
Answer #4
648 votes
You can negotiate with the bank and pay them PDCs to pacify them. Also for harrassment, you can file a police complaint. As per the law, the bank and financial institutions cannot harrass you for non payment of EMI. They can take legal action against you but not bully or harass your parents and / or other relatives.

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