ajmal (student) 08 May 2018

Education loan

If education loan is not repayed what are the actions that bank can proceed if loan amount is below 400000 and no collateral security is given.

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2 Replies

Kumar Doab (FIN) 08 May 2018

The lender can initiate proceedings to recover..

Kumar Doab (FIN) 08 May 2018

Same matter;

https://www.lawyersclubindia.com/forum/Summons-178108.asp

Approach your own very able senior LOCAL counsel of unshakable repute and integrity specializing in consumer/civil matters and having successful track record ….. and worth his/her salt …and discuss in person and even with seasoned PIP , retired personnel from banks legal cells, to draft as per facts of the matter and proceed in best of your interest.. ….

LCI Experts Mr. Rajendra K Goyal, Mr. Parthasarthy Longanathan, Mr. Mallipedi Jaggarao are from Banks legal cells/banks

If you wish you may get in touch with them..