Dear Sir,
I had taken a personal loan from HDFC Bank for 36 months the EMI was 3043/-. After paying almost 26-28 emis I wan unable to pay the rest of the EMIs due to job loss in 2008's recesseion. After a few months HDFC bank filed a 138 case against me. The case is still open.
Now I want to settle the loan & my questions are....
- What would be the amount for settlement ?
- What could be the terms of settlement ?
- Do I need to pay the entire loan amount as demanded by the bank or the principal outstanding of my loan?
Please request you to help me out from this situation as I dont want to contuinue the case any more.
Regards,
Amitr Saha
