What to do if unable to pay EMIs for 4 months?
Someone has taken a property loan of ₹70 lakh and a business loan of ₹20 lakh. The EMIs have been due for the past four months, and he is unable to make any payments. What should he do next?
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Advocate By LEAD INDIA
Answered: 11 Oct 2025
After three consecutive EMI bounces, the NPA process will begin. The bank will initiate recovery proceedings, and the matter may be taken to the DRT (Debt Recovery Tribunal). The property may also be put up for auction to recover the loan amount, and in some cases, civil imprisonment may also be possible. For further legal assistance, contact us on our helpline number.
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