It is strange that Banks have advanced loan whose combined EMI is almost equal to income?
It is strange that you have let your EMI be equivalent to your total income.
If each bank knows by now the debt you have from other banks each bank shall be reluctant.
Your representation to banks, and response of banks to you including threats are verbal (off record) or verbal on record (audio/visual) or in writing?
If you are unable to handle the matter on your own approach your lawyer and submit structured representations to banks and bank can agree to restructure the loan.
Banks can not resort to coercion, threats.....................
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