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Urgent Help: Legal notice received in the name of my Father for non repayment of Personal Loan of Assam Gramin Vikash Bank,

Post number 51 has been selected as best answer.

Juganta

TF Premier
My father took personal loan of xyz amount IDK from Assam Gramin Vikash bank
Before completion of repayment tenure he passed away on year 2010, Bank had filed a case against my father in the district court.

Today a Notice came in the name of my Father, asking him to report District Session Court on 09-03-2024.
Current due amount 18401+ Interest as per notice.

My Question is do i/we family merbers have to repay the loan amount?
Do i need to be present at the District court on mentioned date? while the notice is in the name of my father only who is no more alive
What should i do now?
 
Last edited:

j_s

TF Premier
VIP Lounge
If you are his legal hier .
Meaning you inherited his property.
Then unsecured loan you are liable to pay .incase there was no insurance.

What you can fight is paying only sum & not penalties & interest .

You can directly talk to the bm in bank & settle it .
If u go via court route .
Follow legal advice but settle in jan - adalat of the district . which happens regularly.

If you didn't inherent his property u aren't liable.

Amount is 18k so I don't think it worth the hassle .

U can earn that in 4-5 month via cc 🙂 if u have good portfolio.
Court aren't worth 18k + hassle
This is the right advise. You can appear in person in court and request the matter to be taken to the Lok Adalat. Settle out-of-court and get the bank to do the remaining filings in court.
 

techt

TF Legend
CC bill payment like this, (Currently able to maxout 5 Lacs/Month only
Are you the real Arindom ?
Home Alone Faint GIF by Disney+
 
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