Stressed about mounting dues? We negotiate directly with banks to reduce your debt legally. Stop the harassment and start your fresh financial journey today.
Trusted by over 15,00,000+ people
Settlement On Loan is India's leading debt settlement company. We bridge the gap between distressed borrowers and lenders, providing a legal and dignified way to exit the debt trap. Our team of financial and legal experts ensures you get the best possible waiver on your outstanding loans.
Read More About Us
Expert negotiation for unsecured personal loans to reduce your burden.
Know More
Resolve spiraling credit card debt with professional settlement strategies.
Know More
Tailored solutions for MSMEs and business owners facing liquidity crunch.
Know More
Legal protection and support against harassment from recovery agents.
Know More
We handle direct negotiations with banks to secure the best settlement terms.
Know More
Professional communication handling to stop constant calls and harassment.
Know More
Strategies to rebuild your credit history and improve your score post-settlement.
Know MoreWe don't just negotiate; we strategize. Our approach combines legal expertise with financial planning to ensure you not only get out of debt but stay out of it.
Start Your JourneyProfessional negotiators who understand banking laws to get you maximum waivers.
We handle recovery agents so you can live peacefully while we settle your dues.
No hidden charges. Our fee structure is clear, affordable, and outcome-based.
Headquartered in Delhi with pan-India service capability.
Debt settlement is a legal process in India. While there is no specific "Settlement Act," the process is governed by the principles of the Contract Act and RBI Guidelines on Fair Practice Code for Lenders.
Everything you need to know about the settlement process
Yes, the loan account will be marked as "Settled" instead of "Closed". This may lower your score temporarily, but it stops the continuous damage caused by missed payments.
Absolutely. It is a contractual agreement between the borrower and the bank to close the loan for a mutually agreed amount. It is a standard banking practice for NPA accounts.
Savings depend on your delinquency period, type of loan, and the bank's policy. Typically, clients save anywhere from 30% to 50% of the outstanding amount.
Yes, we guide you on how to handle calls and can communicate with creditors on your behalf to stop illegal harassment tactics.
The timeline varies based on bank approvals and negotiations, but typically the settlement process takes anywhere from 45 to 90 days to complete.
Settlement is primarily for unsecured loans like personal loans and credit cards. Secured loans (home/car) are backed by collateral, making settlement difficult unless in extreme hardship cases.
Hiring us puts a professional team in charge of your case. While we cannot legally block notices, our negotiation often pauses aggressive legal actions as we work towards a resolution.
In most cases, no. Our team handles all communication and visits. You may only need to be present for the final signing or payment formalities if required by specific banks.
Navigating the complexities of loan Setllemtn can be daunting. Personal Loan Settlement offers a beacon of hope, providing a strategic approach to manage and diminish your loan burdens.
