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NPA Loan of Indian Bank

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Udayan Sarmah

Udayan Sarmah (Querist)
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04 December 2023 I have a car loan account in Indian Bank. Availed the loan in May 2019 with tenure of 7 years. Due to some medical conditions, I failed ro pay some EMIs. Now my loan account is under NPA and the bank officials are asking for full payment of the remaining amount. I want to ask whether there is any provision of restructuring the loan as I already have about 30 months of EMIs to pay. Please suggest the procedure if there is any.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 December 2023 Pay 30 months of EMI due and request restructure loan.

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