Dear Sir,
This is to inform you that i have taken loan from ICICI bank while working and i had paid regular EMI's till 1.5 years. But unfortunelty my company has shut down thier operation beacuse of finanaceial crises.
Now I am jobless from last 6 months and I moved to my hometown. Now as I am jobless then I am unable to repay the bank loan. I want to do settlement but as there are condition that bank only needs amount in 2-3 insatllemnt of total payout (1.00 Lac), which is actually very high approx 40K in three installment. It is very difficult for me to arrange the same every month of 40K installment.Now I need advice & suggestion as i am trying to ingnoring the collection agency call's.
