Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

GULSHAN DOGRA   21 August 2020

not pay monthly emi due to covid19

I finance a bike from Bajaj finance. due to lock down I not paid emi. they cal me and misbavice me and my family. they say they have a right to hard recovery. I have a voice recording they threating me. what can I do.


Learning

 3 Replies

Dr J C Vashista (Advocate)     22 August 2020

Get the matter sorted out amicably.

Legally financier can repossess the bike for non-payment or default of repayment.

P. Venu (Advocate)     22 August 2020

Yes, they can repossess but are not authorised to take law in their hands.

G.L.N. Prasad (Retired employee.)     22 August 2020

You may make a complaint to RBI stating facts. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register