[Resolved]  Axis Bank / Personal Loan — Harassment from collection agent during late night

Address:

Mumbai Suburban, Maharashtra

Dear Sir/ Madam,

This is in reference to Personal Loan taken by my father from Axis Bank for a sum of 15 lacs for a tenure of 48 months. Till date we have paid approximately 38 to 40 installments. From past 1 year we faced lot of difficulties in our business, such as rate cutting, late payment realization, sale loss due to loss of client etc. But we still managed to pay EMI's either by cheque or Cash during ending of month.

The main problem which I would like to highlight is that, as on date i.e. end of march we have got outgoings at the highest and are payment from our clients is coming slow. At axis bank we have currently got 2 EMI's pending and we had promised to the bank representative Mr. Abdul(collection) that we will be streaming the account within a span of 2 to 3 months. But the main issue is that person is not ready to listen at all and is saying that the account will go out of his hand. On 29th March 2011, he came to our office and residence during morning, afternoon, we were busy in field, then at around 7:00 pm he came to our residence and threatened my parents, grand parents and my sister and used abusive language. Also, he specified that he will be sitting at our society till late night and not go until and unless he recieves the payment. He was shouting on top of his voice in our society and was creating nuisance. He still is sitting at 1:00 am on 30th march 2011 and is notwilling to leave.

We would require your help on above matter ASAP as this thing is getting out of our hands.

Please help.

Thanks
Naman