Applied a loan through Monzo app

Name of Complainant Bala Murali Krishna
Date of ComplaintOctober 28, 2022
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Bala Murali Krishna:

I had applied for a loan of 1,00,000/- from online application called monzo. I had uploaded my bank details and uploaded my aadhar card details. I have also signed e-contract given by the app.
I had contacted customer care number given in the app which I had downloaded they said you have to deposit 5% to take loan. I paid it but they said my bank details are wrong the bank will freeze your money and you have to pay 15℅ as liquidated damages and then will follow protocol to resolve the problem.
I kindly request to investigate on same Attaching all the details that I have for your reference

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