Loan
Recently i applied for personal loan and that bank told me that loan was approved and they want a official salary transfer letter from my company and now my company is not encouraging loans and they are refusing to give that letter. In this condition can i ask the bank to cancil my loan? and now i am not in need of that loan also so can i cancil my proposal of taking loan. Can u please suggest me in this.
Thanks in Advance
No need to inform the bank as your loan application was not processed pending submission of your salary certificate which your company refused to issue.
yeah better to inform the bank that u don't need loan since ur employer don't give salary certificate.
My dear friend, taking a loan from here is extremely DANGEROUS in this situation. Try to avoid if possible and get loan from your native place. You will be in trouble if,
1. You loose your job.
2. If you receive a good offer from other country, you cannot move.
And the bank will squeese you like anything.
You can call the bank and tell them that you don't need the loan. Or. You can just forget about it, and the bank shall kow that you are not interested any more and they shall call you to confirm. The best option is to call the bank and tell them that you are no longer interested.