Mayur Finance Limited – loan Processing

Name of Complainant Govind Menon
Date of ComplaintSeptember 25, 2022
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 Govind Menon:

Hi,

I had Applied for a loan with this organisation called Mayur Finance Limited.

The loan was applied on 5th of September 2022. They approved the loan and asked me to pay a processing fee of 10500.00 for a 1 lakh loan.

I had paid the amount on 7th September 2022. Following that they asked me to make another payment on 10500 on 9th September 2022 saying that the amount had to be paid on the day of disbursement.

After that they mentioned on 19th September 2022 to make a payment of two emis and insurance total of 19505.00. I made this payment also, today it is 23 September 2022 and they have still not released the funds. Please be beware of this organisation.

They will keep saying things like system is down or their accounts person is on leave etc. but the fact is they will never give you the amount.

Image Uploaded by Govind Menon:

Mayur Finance Limited – loan Processing

3 thoughts on “Mayur Finance Limited – loan Processing

  1. So Now these guys have come back to me after I had put the details in Consumer Court saying that, remove the complaint then we will refund the amount of 40506.00 to you. But I am not going to remove it till I get my refund.

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