Personal Loan — over charge of interest and financial charges

Address:

560087

I've lost my job and requested them to pre-close my personal loan as I've already paid huge interest, I've complete email conversations and interest paid etc.

I've an existing personal loan with Standard as the number is 51084384.

Whereas as on Nov 15, 2018 the total outstanding amount was 10, 16, 554.40 and now after I was paying the EMI's and charges still my outstanding as on today is 10, 40, 000 which is really annoying and along with that I've to pay the pre-closure charges as well. which is really sick. Please someone help me below is my current situation.

After availing this loan on May-2017, immediately I lost my job with Hewlett Packard Enterprise (HPE) due to employee reduction as it was merged with new company called DXC. Due to that I lost my job and was job less for about 1.5 years, I've been paying the EMI's without having a job just by pledging/selling off my wife & mom's gold ornaments

Recently my grandmother has been expired on 25-Dec-2018, as I've spent more than 7 lakhs by selling off my wife's property. Now, I don't have job or money but still I don't want to be an offender, and don't want to get hit on my CIBIL records as it would completely affect my credit score and career as well. To be honest with you, since I've sold my wife's property now I've 7 lakhs money with me, you should be having my complete loan record including arrears, charges & total interest which I've been paid so far.

Today, I've walk into SCB branch at M.G road to get some help but I think they are more concerned about my charges and arrears (like a typical collection agent) but not helping me to pre-closure with any waiver or something.

Please consider my current situation ( Job less ) personally & financially... as I'm not able to pay my kids school fee, rent or medical expenses as well... and request you to help me in terms of closing this loan by using your special privileged powers to waive of maximum percentage of interest amount and charges and kindly grant me "No Due Certificate" as it should not affect my CIBIL score.

As I understand since the loan method is floating interest rate, almost maximum percentage of my cleared EMI's would have gone for interest only, that is why I request you to kindly consider my situation and help me the maximum you can. If you could just tell me this is the maximum we can help me and provide me with a total outstanding amount after giving your waiver, I'll completely pre-close this loan account. If you want to prove myself, I can produce my HPE revealing letter and my grandmother death certificate for your verification purpose. And also I understand that there is a 1% pre-closure charge after 1 year, request you to kindly waive this charge and let me know the full and final amount required to be settled for pre-closing my loan account.