| Name of Complainant | |
| Date of Complaint | October 4, 2025 |
| Name(s) of companies complained against | Sk finance private limited |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
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Complainant Information:
Name: Chhitarmal Kumavat
2. Loan & Fraud Details:
In September 2018, a property loan of ₹10,00,000 was sanctioned by SK Finance Pvt. Ltd.
My father’s documents (Aadhaar, PAN, etc.) were used without his knowledge or consent.
He never applied for this loan and never agreed to be a guarantor.
Despite this, the loan is recorded in his name as Guarantor in CIBIL, showing a current balance of ₹5,18,481 and overdue EMI of ₹18,019.
The EMI has been paid by a third-party account, which is why we were not notified until now.
3. Evidence of Fraud / Negligence:
CIBIL report entry showing my father as guarantor.
SK Finance did not verify my father’s consent properly before accepting him as guarantor.
No calls, OTPs, or verification were done with my father.
4. Impact:
My father is wrongly liable for a loan he never guaranteed.
His CIBIL score has been negatively affected.
There is a risk of legal recovery actions if the borrower defaults in the future.
5. Action Requested:
SK Finance Pvt. Ltd. should provide all documents related to the loan, including:
Loan application form
Guarantor agreement
KYC documents
Proof of consent from my father
Immediate correction of CIBIL records to remove my father as guarantor.
Investigation into fraudulent practices and negligence by SK Finance Pvt. Ltd.
Appropriate compensation for stress and potential financial risk caused.
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