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vaigundamoorthy (software engineer)     17 September 2011

Personal loan emi pending issue

 

Hi

I  took the personal loan amt 2lakhs  from deutchshe bank 3 year back. I could not pay the loan amount  last 2yrs due to my financial situation .. 

Now they called me and asked me to pay the full amount with in a month otherwise they will give arrest warrant against me for pending amount .  

I told them i m ready to pay after 1or 2 months with 5 installments for full and final settlement. but they are not agree .. 

Please help me how to resolve this issue .I took the loan from chennai bank 

 

Thanks 

Moorhty



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 1 Replies

Isaac Gabriel (Advocate)     17 September 2011

Perhaps it been classified as NPA.Try for onetime settlement which could be acceded to.


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