Axis bank credit card unjust fine system threatening to degrade CIBIL score for non payment

Name of Complainant Tanuj Nagesh Kamath
Date of ComplaintMay 13, 2020
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 Tanuj Nagesh Kamath:

I was fined Rs 1559 for making paying delay of Rs. 100 by three days. I was fined this unprecedented amount by axis bank credit card. When I argued for justified fine amount the customer care personnel abruptly said “You have no choice, either make payment of the total amount or make your CIBIL score suffer”. In the heat the moment realising the consequence this can have over my credit score I decided to pay them the said amount which is unjust and beyond inhuman brutality

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Axis bank credit card unjust fine system threatening to degrade CIBIL score for non payment

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