FIN PLUS TECH's video: Loan Nahi Bhare To Kya Hoga llWhat happen if do not pay bank loan EMI

Loan Nhi Bhare To Kya Hoga? Bank Loan, when you get you will be very happy but when you will not pay bank loan what happen?. In this video we completely clear your doubts regarding bank action when you will become bank loan defaulter mean your bank loan turns to NPA(Non Performing Assets) we divided this video in three points so that you can understand very well. 1- types of bank loan based on security 2-when bank loan turns to NPA(Bad Loan) 3- What will be Bank action against you? First we will discuss about types of loan . Generall bank will provides two types of loan based on security. 1- secured loan 2- Unsecured loan In secured loan bank have security so that loan can be recovery by selling security. Home loan, car loan, gold loan, loan against fixed deposit, mortgage loan are secured loan. In unsecured loan bank dont have security so bank can not recover loan. 2- now we discuss when bank loan turns to NPA? If you do not pay 3 month EMI of your loan, your loan turns to NPA. if your loan account turns to NPA , you become bank loan defaulter and now bank will take action against you. 3-Now we will discuss what action bank will take against you? first of all Bank report your loan account to CIBIL company and after that you will not get loan from any bank in future. If you have secured loan then bank will sell your security like home, car , property, gold and will recover loan amount. So i advise you that please pay your loan EMI regular so that your credit history remain good always. , , My Favourite top 20 Mutual Fund ( Large cap, Mid Cap, Multi Cap, Small Cap). Click below link to download the list: https://imojo.in/myfavmutualfund Download Groww app now to invest in Direct Mutual Fund: https://groww.app.link/6mKvpaMDiZ Zerodha में Demat account खोलने के लिये लिंक पर क्लिक करें : https://zerodha.com/open-account?c=ZMPFER Follow Me On Instagram: Instagram-https://www.instagram.com/vishnu_1190 कॉल पे सीधे अपनी समस्या पर बात करना चाहते है तो निचे दिए गए लिंक पर क्लिक करें ,आपको हमारे पर्सनल नंबर से कॉल आएगा |( charges Apply)*. https://rzp.io/l/finplustech Our Channel Best Video Playlist: Loan Videos: https://www.youtube.com/playlist?list=PL4E0fxkTRDDitjmpA325uE_nTo8MbZCOd Govt Scheme Investment Video: https://www.youtube.com/playlist?list=PL4E0fxkTRDDg-oBmrcAg5U52d-TUROZ0s Credit Card Videos: https://www.youtube.com/playlist?list=PL4E0fxkTRDDjnqaCh6KF80gDX2ZDyt1wB Mutual Fund Videos: https://www.youtube.com/playlist?list=PL4E0fxkTRDDgJn_cQHbjWDQ8_EDwiz3g9 Income tax Help Video: https://www.youtube.com/playlist?list=PL4E0fxkTRDDgCGsIFrQQO-cVfy0o1gK3C Disclaimer: Fin Plus Tech is not a registered Investment, legal or tax advisor or a broker/dealer. All Investment/ Financial Opinions expressed by Fin Plus Tech are from the personal research and are intended as educational material. Although Best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors may occur. All Information in this video for educational purpose only. Please Do your Own research before making any investment based on your personal circumstances. Our content is intended to be used and must be used for information purpose only. Please seek the advice of your financial, legal, tax or professional advisor before taking any decision. Copyright Disclaimer under section 107 of the copyright act 1976, allowance is made for " fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research.