Conversion of Loan into EMI

Name of Complainant Raja Nanik Buxani
Date of ComplaintSeptember 3, 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 Raja Nanik Buxani:

Hi Team

I have had an issue with my Bank Punjab National Bank. They have deducted 31,000 from my Salary account as charges for E-Mandate for over a year.

The Bank has not notified me of any failed payments which do not show on the Statement. I have raised this dispute.

Due to bank issue, I am unable to pay my Loan with Creditt. I have humbly explained my situation and asked for an Extension of the Loan.

As per their Customer service it is a monthly Term Loan, which is against the Terms and Conditions of the Reserve Bank of India. Due to issues I am not refusing to pay the loan taken, however I am requesting for the Loan to be re-paid over a period of time, as this company will not give me any more loan.

I am unble to pay Rs. 30,000 and interest, plus late fee payment at one go. I will request you to please intervene and help.

Thanks and Regards

Raja Buxani

Image Uploaded by Raja Nanik Buxani:

Conversion of Loan into EMI

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