Civil Procedure Code (CPC)

Bank account npa status

Dear Sirs,

I have situation, I had take a personal loan from a private loan company and defaulted after 9 months since I ran into huge losses in business and had no other means of income for a while.

Since then, I had left the matter and was not in contact of the loan company. 

Now, I am trying to resettle my self and I am expecting a payment to be credited to the bank account of which I had issued Cheques and made payments to the Loan Company.

I have accessed this bank account debit card after 2 years and it shows -1220.00 and in which there is a credit of Rs.91.00 as NPA Advance.

I am not reachable to bank and hence I would like to know if the Loan company can enforce any terms on my bank account by which any amount credited to the account will be take off by the nationalized bank?

I want to clear the loan with the Private Loan Company in couple of months, but mean time the money what I am expecting in the bank is very important for me to survive. 

Can you please advise me.






Secunderabad/Highcourt practice watsapp no.9989324294

consult bank authorities for clarity in writing.




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