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Harassment by bank people for non payment of loan amount


17-Nov-2023 (In Recovery Law)
When I taken that loan I was in good financial position. But right now I have no job, For Loan repayments I sold all my assets like LIC, MUTUAL FUND, ICICI PRU ETC. and also take cash loan from neighbors. Now I am in very tight position, I have also bank Account in HDFC BANK (05031530001972) they have all records and they know my position very well now . The problem is that they started calling many time in a day on my mobile no 9968230360 and say that we are from HDFC Bank calling for recovery I told them clearly my problem that ( I have no job since 2 year 6 months I tried but I could not get.) but they don’t listen and call again and again, I told them many time that “I will pay when I will get job ” now I stopped picking phone . I am even afraid to receive a job related call also because of fear of them. Now they come every day at my home at any time and also started disturbing my family, My younger brother wife remain is alone in house she is totally feared by them bec
Answers (3)

Answer #1
801 votes
Have the HDFC Bank issued a legal notice pertaining to the realization/recovery of your loan ? Or, whether the Bank has initiated any civil suit against you ? If not, then you may file a complaint with the police for harassment. You may further consult a lawyer in this regard.
Answer #2
751 votes
Sir,
The bank cannot call at odd hours. Fair Practices Code issued by the Reserve Bank of India has to be followed in letter and spirit. The bank can take steps permissible under law.
The rest can be addressed seeing the loan amount, what to file in a Court of law, where to file, purpose of loan etc.
Abhinit
Answer #3
886 votes
See,Banks shall not stop bothering you and your family until u don't pay them.....
File bankruptcy if you have no immovable or movable properties in your name.
Without that, there seems no escape.
Please bear in mind the heavy interest rate Bank is charging

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