About loan
This query is : Resolved
TAVKER NIKUNJ
(Querist)
01 May 2012
RESPECTED SIR,
MY RELETIVE WAS TAKEN A WEHICLE LOAN IN FIRST TWO-THREE INSTALLMENTS HE PAID OF RS.5500 BUT AS PER HIS POOR CONDITION HE WANT TO DO INSTALLMENTS LESS THEN RS.4000.
IT'S POSSIBLE OR NOT.
LOAN IN INDUSLAND BANK
IF BANK REFUSED TO DO IT THEN WHAT ACTION WE SHOULD TAKEN PLEASE GIVE ME REPLY
THANKS
MY RELETIVE WAS TAKEN A WEHICLE LOAN IN FIRST TWO-THREE INSTALLMENTS HE PAID OF RS.5500 BUT AS PER HIS POOR CONDITION HE WANT TO DO INSTALLMENTS LESS THEN RS.4000.
IT'S POSSIBLE OR NOT.
LOAN IN INDUSLAND BANK
IF BANK REFUSED TO DO IT THEN WHAT ACTION WE SHOULD TAKEN PLEASE GIVE ME REPLY
THANKS
01 May 2012
It's possible to restructure the EMIs. Approach your bank with the reason for reduction in the repaying ability of the borrower.
However, I don't think you can take any action for refusal on the part of the bank. Usually loans are easily restructured.
However, I don't think you can take any action for refusal on the part of the bank. Usually loans are easily restructured.
Message likes :
1 times
TAVKER NIKUNJ
(Querist)
02 May 2012
THANKS SIR
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Applicability of tax on invoice
- Advances to related party
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Gift to nri relatives residing in usa
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Employee secondment
- GSTR9 Annual Return
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
