Missed your car loan EMIs? Can the bank take your vehicle away?

·1h ago
Share:PostShare

Your car is usually security for the loan, so repeated defaults can eventually lead to repossession. But a bank or finance company cannot simply send recovery agents to forcibly take it away.

M

Moneycontrol

Original source

Read full story

Related Stories

Business1h ago

Fueling global travel surge: VFS Global builds the infrastructure for seamless mobility

International tourist arrivals in India increased by 14.8% from 2019 to 2024, reflecting a significant growth trend. Indian national departures also rose, reaching 30.89 million in 2024, exceeding pre-COVID levels. VFS Global is playing a crucial role in facilitating this travel while ensuring secure processing and fraud prevention. The company uses advanced technology to enhance the verification process and protect travelers' data.

TThe Times Of India

Headlines and briefs on this site are for information only. Always verify details on the original source or live status page.

Read Disclaimer