Hi,
I have taken the personla loan of Rs.75000 in SBI with 48 EMI. The EMI amount is Rs.1970. I have paid the EMIs regularly for the first two years. Meanwhille i have moved to different address and submitted the change of address in a written document to the bank.Due to finanicial reasons I am not able to pay the EMIs regularly and thought of paying the loan as a bulk amount within the loan tenure which is ended on Oct 2009. I have paid 27 EMIs and the pending EMIs are 21(21*1970=Rs.41370). I went to the bank on Dec 09 in order to close the loan by paying the outstanding amount. I thought the amount will come around Rs.45000. But the bank records showing the outsatnding amount as Rs.57000. I have not recievd any of these updates/calls during the entire loan period. When I enquired, they said they sent the details to my old address. It seems they are not updating my new address which i have submitted in written document. For that now I have to pay around Rs12000 extra.
Please suggest how to handle this issue. Was this information helpful? |
Post your Comment