[Resolved]  HDFC Bank — Used Car Loan

Address:

Thane, Maharashtra

Hello,

We had a used car loan on (Hyndai verna) and our car got theft and we lodged the complaint in police station and we tried to approach Bank for this case but as everyone knows how is HDFC bank they'll ask you go here n there and in between our dad got admitted and we couldn't go behind any of these cases. But now we got our car back and we did full services and nearly spend 1lac INR behind this car and we repaid the laon for 10 months and outstanding balance for our car is 2.5lac but we don't have so much money to payback so we approached the bank to activate the loan account on EMI basis but HDFC is asking us to pay 4lac on the spot. We really don't know how to go for this. One of the staff from HDFC asked us to pay the full cheque of the certain months outstanding amount then they'll restart the loan account but we have given the cheque of 55000 but they are not clearing the amount. I really don't know how much we to spend on a used car. The loan is on my dads name and he is Pvt co. retired man and my dad dosent have so much money to pay HDFC.
Please Help!