Higher Interest rate charged (23.62%) against sanctioned rate (14.25 %)

Name of Complainant KRISHNA CHANDRA MAURYA
Date of ComplaintOctober 2, 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 KRISHNA CHANDRA MAURYA:

I have filed application for Personal load with HeroFincorp, they have agreed for 14.25% interest rate but charged the EMI with higher interest rate of 23.5%. Document also issued where interest rate is mentioned as 14.25% but actual EMI is different. Need reversal of Loan.

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