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For car release.my account is in standard account.


10-Feb-2025 (In Recovery Law)
I have a car loan from SBI madinaguda branch due to some reasons emi's not paid account turned to NPA recovery agent from SBI Kukatpally siezed my car I paid pending emi's no no pending emi's I cleared 31 EMI's out of 60. But they are saying to pay full loan amount to release my car.is it correct. I told them I will pay emi's on regularly basis but they don't agree.why?
Answers (1)

Answer #1
653 votes
hi you could send notice to SBI that the seziure of car for not paying the loan is not correct and that the seizure is illegal and that you are ready to clear the remaining amount and if they are not responding then you could approach court
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