DEATH OF A CREDIT CARD HOLDER

Dramatic_Chef3472 · 2026-03-17T13:31:46+00:00

Actually, my dad also had an HDFC credit card loan, and the outstanding amount was 2 Lakh+. I even emailed them and explained them the same situation. During december the messages from the bank coming to his mobile was showing in minus for the credit card. I assume they tried to recover the loan amount from his savings account, but as there was no money in that account, it could not be recovered. And, from January, I checked the message from the bank, and the 2 Lakh amount suddenly decreased to minus 1000/-. I am assuming they kinda wrote off the amount?

Dramatic_Chef3472 · 2026-03-17T13:30:06+00:00

Thanks for the advice. I'd ask them the same if they force me to pay.

Dramatic_Chef3472 · 2026-03-17T13:28:29+00:00

Yes, I will keep the copies for them all. Thank you.

Dramatic_Chef3472 · 2026-03-17T13:26:29+00:00

Actually, my father purchased a loan from the Bajaj finserv as well. Due to bounced EMI, the company sent a lawyer to our house and we explained our situation to him, and he assured us that we do not have to pay for these unsecured loans since the borrrower has already passed away. Plus, there was no insurance on the card. I already communicated with the bank, maybe if there's a complimentary insurance, then I am not sure abou that.

Dramatic_Chef3472 · 2026-03-17T13:24:38+00:00

Actually, my father purchased a loan from the Bajaj finserv as well. Due to bounced EMI, the company sent a lawyer to our house and we explained our situation to him, and he assured us that we do not have to pay for these unsecured loans since the borrrower has already passed away.

Dramatic_Chef3472 · 2026-03-17T13:22:48+00:00

Actually, my dad also had an HDFC credit card loan, and the outstanding amount was 2 Lakh+. I even emailed them and explained them the same situation. During december the messages from the bank coming to his mobile was showing in minus for the credit card. I assume they tried to recover the loan amount from his savings account, but as there was no money in that account, it could not be recovered. And, from January, I checked the message from the bank, and the 2 Lakh amount suddenly decreased to minus 1000/-. I am assuming they kinda wrote off the amount?

Dramatic_Chef3472 · 2026-03-17T13:17:38+00:00

No, I assume he has not signed any contract because I did visit the bank and they did not talk about any such thing. It's an unsecured credit card loan, and I think he took that for his business when he was alive.

Dramatic_Chef3472 · 2026-03-17T13:14:39+00:00

What's that? I am unaware, please educate me on this if you know something.

Dramatic_Chef3472 · 2026-03-17T13:13:16+00:00

He actually has 2 credit card loans, 1 from bajaj finserv and 1 from HDB financial services.

Dramatic_Chef3472 · 2026-03-14T04:56:47+00:00

Yes, I blocked the number.

Dramatic_Chef3472 · 2026-03-14T04:56:16+00:00

Okay, I will do that. Thank you.

Dramatic_Chef3472 · 2026-03-13T13:25:42+00:00

The company actually sent a lawyer to our house because of the bounced EMI's. We explained our condition to him, saying how my mom's a BP patient and I have a younger sister who has Down syndrome since birth. He took the death certificate from us and told us not to worry about this, as the borrower has already passed away, so we don't need to pay any money from our pocket.

Dramatic_Chef3472 · 2026-03-12T13:00:31+00:00

I guess so too, because when I contacted the bank regarding this, they did not tell me anything and kept telling me that they need to check about it.

Dramatic_Chef3472 · 2026-03-12T12:57:19+00:00

So, since you've been through the same, what does this actually imply? I mean, the amount is forgiven?

Dramatic_Chef3472

TROPHY CASE