Indian Bank — education loan repayment torture

Address:

600038

Hello,

My name is Lokeshwaran, I got two education loans from Indian Bank Kilpauk branch which amounts around ₹13, 00, 000 now. Out of which 45% is from interest.

My dad passed away on[protected], after being hospitalised for around 2 years. I already owe lot of money to my friends which I got for his medical and funeral expenses. Currently I’m unemployed and preparing for Govt Exams.

Despite knowing all of this, my bank keeps calling and threatening that they’ll take legal action. I tried a lot to explain my situation but they keep insisting me to arrange money from somewhere and pay the interest.

I, even tried to attend Lok Adalat which held on[protected] at Tamilnadu State Legal Service Authority, High Court Campus to explain my situation and get some time. But the Bank employees threatened and sent me back to arrange money before facing Judge.

My intention is very true that I want to repay the money and I’m working on it. But as of now I don’t have any source and I don’t know how to make them understand about my situation. This really makes me and my family under lot of stress along with what we’re going through now.

Please help me in this regard.