649+ Lawyers are online 
What can be done when asked to repay more than the amount taken
14-Oct-2023 (In Recovery Law)
I applied a loan amount of Rs 5lakh from a N G O. And I have receive only 4 lakh . And the remaining amount they will pay after 3month. But now they send me a msg to pay the Installment of Rs 5 lakh . So I need your help
Dear Sir/Madam
So far your query is concerned, you have applied for the loan amount of Rs. 5 Lakhs and you have received 4 lakhs and remaining amount you have got after 3 months. Now the question is whether you have got the massage for installments prior to 3 months, i.e., final release of your loan amount or after 3 month. I think there is no moratorium period in your loan, therefore the agency send you the massage for installment. My advise to you, you insist the NGO for your loan statement, then you can find actually what is happened with you.
Thanking you .
So far your query is concerned, you have applied for the loan amount of Rs. 5 Lakhs and you have received 4 lakhs and remaining amount you have got after 3 months. Now the question is whether you have got the massage for installments prior to 3 months, i.e., final release of your loan amount or after 3 month. I think there is no moratorium period in your loan, therefore the agency send you the massage for installment. My advise to you, you insist the NGO for your loan statement, then you can find actually what is happened with you.
Thanking you .
Helpful?
Adv. Aftabul Hussain
Mangaldai | 25+ Answers
CONTACT NOW
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.
Connect with top Recovery lawyers for your specific legal issue
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."
