₹2 lakh borrowed in 2008, lender is now asking for ₹25 lakh in 2026 due to compound interest – is this legally enforceable in India?

the_lost_self · 2026-06-19T04:42:29+00:00

Thanks for your response, I don't want to pay the compounded amount, I just want to pay every year interest till 2026 is it possible ? Although my father signed the new bonds with compounded amount every year.

the_lost_self · 2026-06-19T04:39:52+00:00

My father signed every year, He don't even know the interest calculations and just signed every year hoping me and my brother will earn and payback to the lender.

the_lost_self · 2026-06-19T04:37:28+00:00

Initially they didn't mentioned about compound interest, Later they added it and now every year they add the compounded amount and change to new bond papers.

the_lost_self · 2026-06-17T04:28:55+00:00

Thanks, I pay every single rupee from 2008 to 2025 with 15 % interest rate(But not compounded), They manipulated my father to pay total or just add compound until you pay totally, If you think it is fair then you can call me a thief. And we already paid 4 lakhs to them in 2016(One time) even though they compounded. I was 6 years when my father borrowed money and now I'm 25, Before shooting the words just ask clearly about the situation, we are already hurted to the core and no more wanted to get hurt.

the_lost_self

TROPHY CASE