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One of my friend is travelling from abroad to India. She has a pending unsecured loan from her deceased father. She has not received any estate or other family wealth from him. My friend is currently paying loan in a small installment and is In touch with the bank. She intends to travel to India for some work. Is it possible that bank issues a travel restrictions on her?
There are no specific regulations in India authorizing banks to impose travel restrictions solely based on personal loan defaults. Contact us on helpline number for further enquiry.