LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Jaypee   11 February 2016

Icici bank personal loan

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.

 



Learning

 3 Replies

gautam sethi   11 February 2016

Csll me Adv gautam 9991138054

gautam sethi   11 February 2016

Csll me Adv gautam 9991138054

Kumar Doab (FIN)     11 February 2016

Settlement is adverse entry and shall affect your CIBIL.

One should not borrow if one can't pay.

Bank has nothing to do with job loss.

You have to negotiate with Bank only and arrive at some suitable offer.

 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading