Hi,
I stay in delhi and I have taken 3 personal loan from the following banks
ICICI bank for Rs 1300000/ EMI Rs 29913/- 4 EMI paid 2 EMI Bounce
HDFC bank for Rs 800000/ EMI Rs 19137/- 3 EMI paid 1 EMI Bounce
Citi Bank for Rs. 1000000/- EMI Rs 23168 - 3 EMI Paid 2 EMI Bounce
Total EMI for all the 3 loans comes to Rs. 72218/-
My Net take home Salary is Rs 76000/month
My obligation towards my family:
House Rent: Rs. 15000/-
Child School Fee Rs. 5000/month
Other house hold expenses Rs 12000/-
Unfortunately i have lost Rs. 3500000/- in share trading in the last 8 months. currently i am not in a position to pay my EMI.
I have requested all the banks either to reduce EMI and increase the tenure or Defer the EMI payment for 12 months or there is any other solution but no bank
is ready to do so or provide any other solution instaed they are threatening me that thay will take legal action against me and humiliate me in
public. They say that i have no other option but to pay EMI in time.
Can anybody tell me what options I have so that i could pay my EMI regularly.
Haider
Mobile: 9810360052
