LawRato

Unauthorized Moratorium and Tenure Extension


17-Jul-2025 (In Recovery Law)
if anyone missed 3 Home loan EMI in Covid and not paid till date and bank applied Morotorium on loan account after covid without the borrower consent which affected 14 lac extra interset in a/c, is it possible to challange in court...?
Answers (3)

Answer #1
518 votes
Hi there, it's advisable to provide more details wrt. to your communications with the bank to understand the matter better. For your answer, yes we can challenge in court based on the documentation and communication you had with the bank regarding it It's advisable to contact me and provide more details to assist you better.
Helpful? LawRato LawRato
Advocate Ishan Parashar

Adv. Ishan Parashar

LawRato Delhi | 200+ Answers
Chat with Advocate Ishan Parashar Chat 
Answer #2
583 votes
Yes, you can challenge it if the moratorium was applied without your consent, especially if it led to excessive interest like ₹14 lakh. RBI guidelines during COVID required borrower consent in certain cases. You may approach the banking ombudsman first, and if no satisfactory redressal is provided, you can file a civil suit or consumer complaint. Strong documentary proof will be needed.
Helpful? LawRato LawRato
Advocate Adarsh Kumar

Adv. Adarsh Kumar

LawRatoDelhi | 400+ Answers
Chat with Advocate Adarsh Kumar Chat 
Answer #3
812 votes
Yes, it can very well be challenged. It’s strange that an extra interest was inserted at no fault of the lender. Before challenging in Court, a detailed representation shall be sent to them. Please read the relevant - clauses in the Policy, also go through your Emails, if there was any notification sent to all lenders. The purpose of Moratorium was to give relief to Lenders during Covid. Since it’s been a Couple of years since Covid, you must act fast or you may be hit by Limitation Period as per the said Limitation Act.
Helpful? LawRato LawRato
Advocate Kunal Sinha

Adv. Kunal Sinha

LawRatoDelhi | 200+ Answers
Chat with Advocate Kunal Sinha Chat 

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Connect with top Recovery lawyers for your specific legal issue
Connect with a Lawyer
Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

All Answers

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

LawRato