Need advice on negative charges due to bounce EMI checks on bank account.

Community Forums Legal Advice India Need advice on negative charges due to bounce EMI checks on bank account.

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      Desimina7422
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        Desimina7422
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        March 12, 2025 at 9:14 am
        Due to personal reasons I was unable to repay some emi on time Check bounce charges have accumulated.

        Note: 1 future EMI pending rest all cleared up.

        Nor the mobile app nor the bank statements show how much I have accumulated as negative it just shows “0”.

        Using a ATM machines Check balance it shows around “-10K”

        I heard from somewhere quoting below:

        >Stop using it and transfer all amounts to ur other bank. If u r not using a bank account for 3 years it will be marked dormant. And since account balance can’t go below zero. So banks are not going to impose and due on this.

        Will this actually work?

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