I had taken a loan of Rs1.5 Lacs from Dnyandeep Cooperative Credit Society in the year 2005. The repayment was termed on a daily collection basis of Rs. 200.00 which the agent would come and collect from my office premises in the evening on a daily basis. this smoothly continued for some time, till then from one fine day the agent went missing. I wrote to them via email and written letters that the agent is highly irregular and I will not be held responsible for all the issues arose henceforth. even then the bank failed to reprimand the agent and still this was on for a long time (3-4 months) the agent wouldn't turn up. I started receiving notice of the bank - I so far have received one notice from the bank. Now since the march ending, the bank people have started to come to my residence and talk in a very rough language about me and my parents. they call up my fathers mobile phone and talk nonsense and ask him to pay the outstanding and finish off the loan. Neither the bank is issuing a bank statement nor they are letting me know the deductions what so ever. just they give me an amount of 90, 000/- and say that clear it or they will prosecute me in the court of Law.
Please guide me what steps I can take to end this trauma.
regards.
sam
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