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.

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Quick Summary

If you're struggling to pay your Bajaj Finance bike loan EMIs due to COVID-19 and are facing aggressive recovery tactics, you're not alone. While financiers can repossess a vehicle for non-payment, they cannot resort to illegal or threatening behaviour. You have the right to make a formal complaint to the RBI with evidence of any threats received.