Kreditsathi Fraudulent act

Name of Complainant Mahesh HA
Date of ComplaintApril 13, 2025
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 Mahesh HA:

Dear Team,
I had applied for personal loan via Kredisathi website couple of days ago, After few days i receibed the loan santion cum Agreement letter agreement to my watsup. I felt fishy because mostly auch things are communicated via emails, I called the number from which i received the sanction letter, The wastup number that was used is +91 89813 59411. He was rude from the begining but i continued the conversation. He mentioned the loan will be sanctioned once the processing fee is paid. I didn’t feel that was right because normally provessing fee is part of loan itself. Later, i asked him to cancel my loan application since I already started feeing the fraud. To my surprise he laughed and replied that the loan application once applied cannot be canceled. As there is no means to cancel the application on their website my self, i asked him why it cant be canceled? He did not had the answer, but started threatening by saying his company will issue a notice for doing timepass by appying for loan. This is a Chennai based team and the website they are using is https://kreditsathi.com/.

Regards,
Mahesh HA

Image Uploaded by Mahesh HA:

Kreditsathi Fraudulent act

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