| Name of Complainant | |
| Date of Complaint | April 3, 2021 |
| Name(s) of companies complained against | Mpockket |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
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Loan applied is 9000 rs for 90 days.
Recived money is 8570rs
Processing fees was- 1430rs! (Reasons unknown . But by RBI the processing fee for NBFC cannot be more than 1%)
To be repayable is 15000…for a recived amount of 9000rs
Hence I’m paying an intrest of more than 30% on a “qualifying asses” (according to RBI they cannot charge more than 15% on a qualifying asset)
Very Unethical business (dosent also show the intrest rate on app)
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