pledge to bank

Querist :
Anonymous
(Querist) 07 March 2019
This query is : Resolved
my relative ria pledged her gold with sbi . as on her default . sbi filed a suit for recovery . while suit is pending ria and sbi compromised to sell the gold . now sbi filed another suit for recovery of interest as it was not recovered through sale . ria says that sale is the end of it . is the suit for interest maintainable
kavksatyanarayana
(Expert) 07 March 2019
The interest on loan amount shall be repaid to the bank. so request the bank authorities to allow some time to repay the interest amount.