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My loan has been marked NPA besides paying emi


30-Jul-2026 (In Recovery Law)
I am running a home loan and 2 car loans from sbi .since 2021 but due to some financial issues could not pay the EMI of March 24 , March 26 and nov 25. Only one car loan was exceeded 90 days but all my three loans have been placed NPA . And notice issued. How can I get out of the problem as I am regularly paying emis. When I was sanctioned loan I was in service and now retired and so my income has reduced to half. Kindly advice.
Answers (1)

Answer #1
909 votes
To advise you more precisely, could you tell me: What is the outstanding amount of the home loan and each car loan? Is the notice issued under the SARFAESI Act, 2002 (for example, a demand notice under Section 13(2))? Have you now cleared all the overdue EMIs, or are some arrears still pending? Were all three loans taken from the same SBI branch?
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