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Regarding Loan From Kredit Bee Karnataka
17-Jan-2023 (In Civil Law)
Sir i had taken a loan from kreditbee as a NBFC having paid one EMI remaining 4 EMI is pending because of financial problem I not able to pay now they harassing through call and saying we file case against you in Karnataka court can they file case against me saying we file case against you to harsssment to their company is they file case against me
you have to clear your EMI irrespective of muh the NBFC is troubling you.
once you take a loan you become fully liable to clear the outstanding amount to the bank and or the financial institution.
it is not escapable from you and hence it is advisable to clear the EMI otherwise the NBFC will go ahead and file a case against you and obtain an auction order against the property you have mortgaged with them.
once you take a loan you become fully liable to clear the outstanding amount to the bank and or the financial institution.
it is not escapable from you and hence it is advisable to clear the EMI otherwise the NBFC will go ahead and file a case against you and obtain an auction order against the property you have mortgaged with them.
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Adv. Garima Anil Mehrotra
Mumbai | 500+ Answers
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What happens if I don't pay KreditBee?
If you ignore your loan payments, it can lead to late fees that will affect your credit score. You could also have to pay penalties. 21-Jul-2023
Is KreditBee approved by RBI?
Is KreditBee approved by RBI? The RBI has certified and approved KreditBee to be a non-banking institution. The platform allows transactions to be made between borrowers and banks/NBFCs.
Is KreditBee app legal or illegal?
Sources said that the apps which were rescinded include LazyPay and Kissht. They also mentioned OKCredit and BuddyLoan. The relief was granted Thursday, after the companies had submitted their details to the IT Ministry. 11-Feb-2023
What is the penalty for KreditBee?
For salaried, late payment charges: Rs. 500 and 0.15% per day penalty charge. The penalty is 0.15% per day. Other KreditBee charges: Document collection fee, convenience fee, credit reassessment charge, loan document charge, and penalty charges for automatic debit.
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