My loan moratorium period is over. Can I ask bank to extend it further?
I have already started receiving calls from the recovery department of the finance company. They are stalking me for repayment of loan.
I was working with a BPO since July 2019 but I lost my job in July 2020. I took a loan from a housing finance company in September 2017 and I have paid EMIs till March 2020 regularly after which I opted for a moratorium from April 2020 till August 2020. Not able to pay the EMI of September 2020, I went to the branch and explained my situation to them. But they refused to appreciate my situation and immediately informed the recovery team to collect money. I started receiving calls from the recovery department from September 10. They are stalking me. Please could you advise what proper steps I need to take in regards to this situation where bankers refuse to even restructure the loan facility.