Sir,
I have availed a PMRY loan for 78K on 2004, purchased a computer and started Data Entry Job,lost lot of money, meanwhile paid back 50K, wanted a one time settlemet, requested to settle for 30K,. At present lot of financial constraints, two sons doing +1 & +2, rented house for 2.5K, mother and I am cardiac patients, lots of medical expenses, employed my wife and I jointly earns 16K. Bank manager got angry with us and proceeded for Revenue recovery. They are asking us to pay 2500 every month, according to Bank we owe them now 100K+Interest. PMRY loan was availed as we had no job and no source of Income otherwise. There is nothing of any big value from us to recover, except our self esteem. Is there any legal remedy for this, we can somehow pay about 30k, there are people to help us but 100K is beyond our means, can you help us?
Ramachandran.K - Kerala Was this information helpful? | 
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