Loan against credit card EMI double after receiving the loan

Name of Complainant Samrat Paul
Date of ComplaintDecember 22, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
Share your complaint on social media for wider reach
Facebooktwitterredditpinterestlinkedinmail
Text of Complaint by Samrat Paul:

I just took a instant loan from my indusind bank Credit Card. During taking the loan process fee was shown 2691.2 rupees but they now charged 6300 rupees more than double.
My loan amount – 315000 rupees
Monthly EMI – 4830.98 rupees for 36 months. Refer the attached files for my loan details.
Now I am consumed the loan amount. Also I can’t bear the additional amount.

Now my credit card due is 19570 rupees.
I can’t pay this amount.
If you tell this to me at the starting when I took the loan, I will not take the loan as I cannot afford monthly this much amount.

Reference screen shot and KFS documents you can check.

My payment due date is 25 December 2023.

Image Uploaded by Samrat Paul:

Leave a Reply

Your email address will not be published. Required fields are marked *