كيفية التعامل مع قضية رفعها البنك بسبب عدم سداد القرض

Dear Questioner,

Good afternoon.

Thanks for keeping in touch with me.

Usually, when there is a consecutive three months default in the payment of EMI's, the bank presents the security cheque issued at the time of granting the loan irrespective of the outstanding amount.

The first thing will be a criminal case if the cheque amount is more than 200k, where there are chances of having a jail term as per judgment.

But still, you can produce all the documents to show the outstanding amount is less to get the judgment for the payment of a fine only.

The bank can initiate a civil case also against you for the recovery of the loan amount.

Please feel free to contact me at 0556635526 or WhatsApp me at 0508575526 if you need any further assistance or clarification on this.

Regards,

Anitha Rajeev