How can I settle my personal loan?
Hi Sir/Madam, I have a personal loan of 25 lakhs and I am unable to pay the EMIs. I took it for a medical emergency. I need your support for settlement. Is there any way to resolve this issue?
1 Answer
Only verified advocates can give an answer Sign In
Advocate By LEAD INDIA
Answered: 01 Apr 2025
Contact the bank’s recovery department to negotiate a settlement. You can request a reduced payoff amount or restructuring. If the bank refuses, consult a debt recovery lawyer for legal advice and representation. Avoid defaulting to protect your credit score. For further legal assistance contact us on our helpline number.
Related Questions
24x7 Help
If we fall short of your expectation in any way, let us know
Payment Trust
All refunds come with no questions asked guarantee
