Loan disbursement without consent in INSTANT SALARY app

Name of Complainant Jhantu Roy
Date of ComplaintNovember 5, 2022
Name(s) of companies complained against
Category of complaint Cyber Crime
Permanent link of complaint Right click to copy link
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Text of Complaint by Jhantu Roy:

My name is Jhantu Roy, santipur Nadia west Bengal PIN 741404, was checking the loan eligibility in Instant Salary app but I have not confirm for loan disbursement on 21/10/22. I have received the credit of 6000. After 7 days I have received the call for repayment then I have to repay total 10981/- on 28.10.2022 Also I asked for closing the loan. But on the same day ( 20.10.2022) they disbursed Rs 8000/- without my consent. On 4.11.2022, I will have to repay Rs 14642- as per their demand. They send me threats and also they using my contacts for blackmail me Loan Harassment . How can they disbursed loan without any consent and how can a principal amount of 6000/- have a interest(processing fee as per the app) of Rs 4981/- within 7 days and a principal amount of 8000/- have a interest(processing fee as per the app) of Rs 6642/- within 7 days. Please get rid of this app and their employees.

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