non payment of EMI of personal loan


Dear Sir, please help me out that I have taken a personal loan from Bajaj Finance ltd. I have given 28 EMIs out of 36 installments. Now I am going through a huge business loss, which makes me helpless to pay from Feb2019. As their agents are coming rappidly I feel distressed and so I went their office to meet the collection head as well as the person who passed my loan. I made all possible way to make him understand my situation which is very much genuine.But he shouted at me infront of all and I feel very much offenced.I came home all the way almost crying. I request him to allow me to give the EMIs after two months as inbetween I will reconstruct my business and continue to pay regularly.

please help me out of this situation.
 
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Chandrasekhar Parida: Aagyan, if you are not capable of paying back the remaining 8 installments, then it establishes that your intentions are very clear to pay the rest also, but you are not capable now to do so. Talk to them in writing and not orally with the copy to Head office and even to Reserve Bank. I know very well, Oriyas are very well behaved and gentlemen. The bank manager will listen to your request.
 
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Not the bank manager but the Bajaj Finance will listen to your request.
 
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