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How to negotiate with with bank for credit card dues?

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Gottrapped:
Hi,I have two credit cards with dues ~88k and ~1.1K

I was financially doing well, but I ####ed up at the time of demonetisation. I was paying paying minimum to card for almost 8-10 months and even had to use card due to some emergencies. At the moment, the minimum due for the last month is over due. I'm paying like ~11k a month for both card. Is there anyway to convince them to convert both card outstanding into loan/ EMI with a lesser interest. Overlimit fees, late fee etc along with hefty interest is killing me.


If could get them into ~8k range for atleast next 5-6 months, I can stand alone and able to clear dues within <18 months.


My CIBIL is now become 680 due to this. I'm 26 and there is too much stress from HDFC/ SBI collection agencies. Please help me, how should I talk with them?

chetan:
You can follow the Instructions Listed in this Link Here

http://www.cardbhai.com/2009/01/credit-default-final-settlement-steps.html

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