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Samuel Pillai   08 July 2021

Nbfc loan app (summons)

Dear Sir/Ma'am,
My Sister took a loan from Creditt instant loan application (NBFC Name is Datson Exports). She took loan of Rs.15,000 but due to health conditions she was unable to repay it. Now the Company is asking to pay Rs. 45,000 (Incl. Penalty/Interest). Summon issued by Lok Adalat for settlement. Party is staying in Bangalore & Summon issued of Ahmedabad Court. In Lockdown period how can 1 travel? I have asked the Creditt that will pay in half (20k now & remaining in few days) but they refused and insisted to pay at 1 shot the entire amount (Rs. 45,000).

Please guide what can be done in this case.


Learning

 3 Replies

Anatomical   09 July 2021

Simple Question, for security purpose what u hv given to NBFC.

Samuel Pillai   10 July 2021

It was a loan application and processed with e-mandate and verification done via digitally Aadhaar signed.

1 Like

Samara simha reddy   24 March 2023

Originally posted by : Samuel Pillai

It was a loan application and processed with e-mandate and verification done via digitally Aadhaar signed.

Is this resolved or still pending 


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