Q&A: I am not able to pay bank loan emi as agreement and i want reduce emi amount .How can i able to my emi amount?

Question by : I am not able to pay bank loan emi as agreement and i want reduce emi amount .How can i able to my emi amount?
I had personal loan from hdfc bank.Now i was jobless and i can’t pay ageed emi monthly so i want to emi amount.I have informed the same to bank authorities.But they are accepting.I am not in a position to pay the same emi.So it is possible to reduce emi amount.Please help me.
Regards.

Best answer:

Answer by 71cooldude
They should be agreeable to a reduced monthly repayment as at least they are receiving something towards paying off the debt. If you have any problems, contact the Citizens Advice Bureau who will help you in negotiating with your bank.

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