[User_f054fe19]

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User_f054fe19
PARTICIPANT
March 7, 2025 at 6:11 am

Yes. Confirm this. Ask your father for any settlement agreement which he says he did 7 years back.

Record everything. The bank may have initiated the recovery process itself and outsourced it to third party agents.

Any harassment or bullying about repayment of bank loans is illegal.

I wouldn’t bother with the calls. At most, it will affect your father’s credit score. The bank cannot move forward with revenue recovery because it is HDFC, as far as I know. Only government banks are eligible.

Limitations Act, 1963 says the bak can’t move forward in the court. That doesn’t mean they would stop harassing.

Even if you decide to repay, make sure to collect the loan closure receipts. Don’t go via agents. Go directly to the branch and talk with the manager but remember that if you do this, you are acknowledging the loan to the bank. Record everything up till now. Any calls harassing and abusing.

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[User_f054fe19]

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User_f054fe19
PARTICIPANT
March 7, 2025 at 6:01 am

Limitation period is usually started from the last acknowledgement of the loan as in the latest EMI paid or contact with the bank.

Which Bank OP?

When was the last EMI paid by you?

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[User_f054fe19]

U

User_f054fe19
PARTICIPANT
January 22, 2025 at 5:19 am

You said your were both students. Believe me when I say, Its not your fight. Tell her to inform her parents and let them handle this.

Going and beating him cannot end good for anyone. So, let the family and Police handle this.

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