You can make complaint in RBI ombudsman officer against bank. And kindly provide all details to them from applying loan till closing and all terms and conditions plus interest rate charges etc.

Detailed statement of accounts must ha e been forwarded to you every year reflecting amount due and payable 

2) if entire amount was paid in June 2019 you must have letter from the company that full loan amount has been paid 

3) no need to bow down to pressure tactics 

Tell them to provide statement.

Only principal has been paid, what about interest ? Or paid outstanding - principal + interest.

- Since, you have paid the principal amount , then you should ask for no dues certificate from the said bank. 

- You can send a legal notice to the bank after enclosing all the proofs of payment ., and if continue to demand then file a complaint against the nbfc to its head office and the RBI. 

When you take loan then repaying Principal amount is not enough.  You will have to pay interest as well.

Once you pay both components then you would get No Dues Certificate as well. 

Therefore clarify what is your present position on this. 

File a complaint against them in bank ombudsman 

You collect the evidences for full repayment and the receipt given by NBFC acknowledging the loan repayment. 

Send them a legal notice along with the copies of the receipts or other details and inform that since you have already repaid entire loan amount,  they are required to issue a  no due certificate. 

Failing to respond you may drag them to consumer forum for relief and remedy. 

Don't worry just relax. If they send some false notice reply the same. If they bully and harass then file a police complaint

1. you can serve the NBFC a legal notice through a lawyer to withdraw the claim of outstanding amount
2. if the needful is not done despite service of the legal notice, you can file a consumer complaint as per the provision of the latest amendments,
3. the consumer case can be filed from your place,
4. you can also claim appropriate compensation for causing mental agony & unfair trade practice

Aend them a legal notice and File a complaint against them before the consumer forum immediately for deficiency in services and unfair trade practices.

Immediately file a case before the consumer court for deficiency in service for the relief.

Hi, first you have to issue the legal notice and then approach to the consumer Court against the Bank.

have you reconciled the account statements pertaining to this loan account

plz apply for it and demand a reconciliation immediately and see how they respond

if they do not respond positively then you will have to escalate the issue to the banking ombudsman

You may file complaint before RBI against the NBFC for wrongly charging interest.

First collect the statement from the NBFC and  check you are a defaulter or not .  If you are right then send a complaint  to NBFC . If they are  stick on their claim then take further remedies.

To approach the Office of the concerned Banking Ombudsman for redressal of your grievance/s.  All NBFCs have in place a Grievance Redressal Officer, whose name and contact details have to be mandatory displayed in the premises of the NBFCs. The grievance can be taken up with the Grievance Redressal Officer. In case the complainant is not satisfied with the settlement of the complaint by the Grievance Redressal Officer of the NBFC, he/she may approach the nearest office of the Reserve Bank of India with the complaint. The details of the Office of the Reserve Bank has also to be mandatory displayed in the premises of the NBFC.

File a complaint to the banking ombudsman against bank for threatening even after paying loan amount.

Dear sir/ma'am,

You have not provided all the details. Please get in touch with a lawyer with all the details, and he can help you with the next step. We'll basically have to look into the terms and conditions of the loan agreement and ascertain why the bank is demanding additional amount. 

If full payment is made in June, 2019 No Due Certificate might have been obtained from NBFC. 

Ask for account details, check the account  statement. 

Payments made against loan and adjustments made by NBFC.

Seek explanation with respect to demand of 7.5 lakhs by NBFC.

If any discrepancy is found, issue notice and  lodge complaint.

Hi,it is advisable to file a complaint in the district consumer forum ..The jurisdiction of the complaint shall lie at the place where the loan obtained ..

Dear Client,

You file a consumer case against the bank if you have taken loan for personal use. Let the bank be sue you, you may latter on show all the document reading completion of the loan form the bank. 

1. File complaint Before consumer forum against NBFC. 

2. You can also lodge FIR against person calling you for recovery of dues that they are trying to commit fraud with you and harassing you. 

Legal Notice

Dear Sir/Madam,

It is suggested that  you serve a legal demand notice and then file the suit against that NBFC for defamation, mental agony and compensation of damages suffered by their acts.