| Name of Complainant | |
| Date of Complaint | January 15, 2024 |
| Name(s) of companies complained against | TURAT FUND (Reliance Commercial ) |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
| Share your complaint on social media for wider reach | |
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Earlier today morning i came to know about Turat fund App which is providing loan through advertisement.I just login using my mobile number and the app requested my kyc details and my bank account number .After providing the requested details it showed that loan eligible is Rs14,000/_through 3 lenders named Simple loan,Loan butler and instant credit.Once it showed this information the loan amount credited in three Disbursement without my confirmation and without Describing the schedule of charges,Fees,Emi and Tenure .For the above mentioned loan amount they have charged around Rs- 3900 /-as processing fees and service charge of Rs-740/-(33%as Charges for processing loan) without informing about it for the mere Tenure of just 8 days.Inspite they also demanded for interest of Rs-520/- even on my repayment on same day..
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