REGARDING NPA ACCOUNT NOTICE OF RECOVERY
Querist :
Anonymous
(Querist) 21 June 2011
This query is : Resolved
I have taken a TERM LOAN from SBI. DUE TO Fiancial Crisis. I can't pay it regularly now bank have recall for all loan and given 60 days time to depoist the amount otherwise they will takeover the property held with them. but i sure i can make my account regular in coming six month. But now i can;t pay full amount in 60 days beside the over due amount till today . IF i pay the amount by which my account is irregular than this notice can be with held or bank will over take my property...
kindly answer as early as possible as i have very little time to solve this hard problem
Ajay Bansal
(Expert) 22 June 2011
Meet with Bank's Official and try to make a compromise with Bank.
