D.SATHYARAJ B.A,B.L.
,
New No.14, Old No.11/1, P.A.N. Rajarathinam, 4th Lane,
G.A. Road, Old Washermenpet, Chennai-600 021.
LEGAL NOTICE Date: 30.10.2024
Reference No: SS/AXIS/LRN/WHATSPP/OCT-2024/2507-662
To,
BITLA KALYANI,
EYEGEAR OPTICS INDIA P L D NO 1-37-98
PLOT NO 27 PHASE-II PAIGAH HOUSING CLY S P RD 27 PHASE-II
PAIGAH HOUSING CLY S P RD HYDERABAD TELANGANA 500003 INDIA
Subject - Loan Recall Notice in respect of total amount of Rs. 312658/- against the PERSONAL LOAN
facility no. PPR0********4881.
Dear Sir/Madam,
Under Instructions from our client Axis Bank Limited, this legal notice is being issued as under:
As you are aware that you have availed PERSONAL LOAN facility from Axis Bank Limited. As per the
terms and conditions of the Loan cum facility Agreement and Most Important Terms and Conditions
(MITC), you are liable to make payments of the total amount including other charges, as are
applicable for the utilization of the said facility.
It is pertinent to mention here that you have been regularly reminded by the representatives at Axis
Bank regarding the outstanding amount, but you have however, deliberately failed/avoided to
adhere to the terms of the payment and your loan account is overdue.
This is a loan recall notice highlighting the defaults in payment committed by you and requiring you
to the pay the total amount due to Axis Bank.
Please note that by not adhering to the re-payment schedule, you along with the Co-borrower and
Guarantor may be liable to have Civil/Criminal proceedings initiated against you under the
provisions of relevant laws, as applicable.
Thus, we on behalf of our client Axis Bank Limited, are constrained to state as under:
We would like to bring to your notice that if you continue to remain in default and do not
comply with this notice, Axis Bank have the liberty to share your default details with various
Credit Information Bureau including CIBIL (Credit Information Bureau India Limited).
Please note that all the banks and Non- Banking Financial Companies provide credit facilities
after verification of the credit history of the customer from CIBIL. A default history against
your name could jeopardize your Credit Rating across the Industry.
We therefore on behalf of our client, call upon you to pay the total amount of Rs. 312658/-,
together with applicable charges, tax and interest and other dues till actual realization
within 7 days, failing which, Axis Bank shall be constrained to initiate appropriate Civil /
Criminal proceedings including repossession of hypothecated vehicle as per terms of the
said agreement, initiation of Arbitration proceedings as per clause envisage in the loan
agreement and interim action pending under various provisions of Arbitration &
Conciliation Act, 1996 (including rules and amendments made thereof till date), against you to settle
the dispute, for which you shall be entirely responsible as to the cost and the consequences thereof.
Please note that legal proceedings might be initiated for attachment
of your assets/properties/income/salary and consequent sale of the
property etc., as applicable
Kindly note that this letter is issued without prejudice to any of the terms and conditions as per the
agreement/MITC agreed between you and Axis Bank .
For making the payment, please contact Axis Bank loan center immediately or visit the Axis Bank
Portal www.axisbank.com.
Please treat this notice as our Final Notice; you may ignore it at your own risk and cost. Click
https://www.axisbank.com/Paydue to pay - Axis Bank.
Kindly note, confirmation via SMS for payment may take 48 business hours. If there is no message
confirmation received against the payment, please visit www.axisbank.com or the nearest loan
center.
For any assistance you may contact our Collection Manager R VENKATESH at 9392009748 or email
at thowtamvaraprasad@axisbank.com.
If the total payment including charges are already made by/before receipt of this notice, please
ignore the same.
Yours Sincerely,
(D. SATHYARAJ)
Advocate
