Loan Fraud

Name of Complainant Virendra Singh Gour
Date of ComplaintMarch 7, 2023
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 Virendra Singh Gour:

I had taken a loan of Rs 1,20,000 from Home Credit, Home Credit is charging me Rs 2,08,899 in repayment, Home Credit is charging me 44% interest, whereas as per RBI guidelines, any private company can give a maximum of 35% Can charge interest up to ‘ cannot charge more than this, what should I do, how can I deal with this?

Image Uploaded by Virendra Singh Gour:

Loan Fraud

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