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Notice regarding personal loan


26-Nov-2023 (In Cheque Bounce Law)
Hi Sir, i had borrowed a loan from axis bank and missed two of my emi's due to some very had financial probelm. Also the ecs cheque bank account was non operational because i had left the job so i dnt have any other option to pay i want to pay the emis but now i have received the notice what should i do.
Answers (2)

Answer #1
643 votes
Dear Sir/ Mam, There is no need to panic about, you have to give reply of the said notice within the notice period to the concerned bank that you want to pay the emis. if they had moved in the court of law by filing a case u/s 138 of Negotiable instruments act, you may pay the emis in the court itself.
Answer #2
902 votes
Hi Sir, We would like to know that notice by which authority/tribunal has been issued against you so we can assist you further. For any assistance on this regard or for any other information, feel free to have a word with us. All the best.

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