Saurav Agarwal

The rate your lender quotes is not the rate you pay. One page you are entitled to before…

A missed EMI does not go straight to default. It moves through SMA-1, SMA-2 and then NPA on…

Not being able to pay is one thing. Being classified a wilful defaulter is another, and it turns…

Work has dried up and the EMI is too big. Restructuring is a real option, but it is…

Your equipment lender has stopped replying about a charge, an NOC or a wrong statement. There is a…

Standing guarantor for another owner's machine loan is not a character reference. Under Section 128 your liability is…

A hydra crane tyre size is the code printed on the sidewall, such as 11.00 x 20 -…

Hydra crane weight is what the machine itself weighs, ready to work, with fuel and the operator -…

A bounced machine EMI attracts a penal charge, not penal interest. The difference decides whether the amount can…

Your machine loan is closed but the credit report still shows it running. There is a 30-day clock…

Your machine bill is accepted and sitting for ninety days. Bill discounting on a TReDS platform turns that…

A one-time settlement closes a defaulted machine loan for less than you owe. It also locks you out…