Dear All member,
I am Rajender, i used to work for some private firm in Hyderabad upto July-2008, I had pre-approved loan with ICICI bank Rs 4 Lacs, and i took that loan in Jan-2008 and i started EMI in Mar-2008 and paid upto Jan-2009, I have started a small business and i lost most of the money. Then in July -2008 i have applied visa to New Zealand as Student and i went to NZ and studying, after some days( From Jan-2009 onwards) i could not pay EMI due to no Job in NZ, Now the bank is saying that they filed a case under section under 138.
I am saying that i will pay whole amount in a year as i finish studies i will get fulltime job.
Is there any solution for this issue.
Kindly show me a way........
Regards,
Rajender