Loan Penalty charges to high

Name of Complainant Peddireddy samara Simha reddy
Date of ComplaintMarch 12, 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 Peddireddy samara Simha reddy:

I have taken Loan on Credit application (Datson Private Limited ) 20000 RS at 31 July 2021 when I tried to make payment on due date my UPI not working after that they are charging daily 200 Rupees penalty now amount is 134400 they are asking to pay .

Kindly solve this issue on priority because due to this issue my cibil getting drop on monthly .

Loan Amount :20000
Processing fees :600
Repayment amount :134400

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