MPOKKET CHARGE UNNECESSARY INTEREST AMOUNT AND PENALTY

Name of Complainant Vishal
Date of ComplaintApril 26, 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 Vishal:

I took loan of rs 2000 in Dec 2022 and due date on Jan 2023 , I got 1835 after deduction and payment amount on Jan 2023 of Rs 2100 but I missed payment due to some issue . Now I am ready to pay but it shows rs 3700 with rs 1700 interest amount after due date . This is not fair they charge 3 month interest of rs 2000 is 1700 rs .
They charge unnecessary amount of interest of my rs 20000 loan as 13000 interest for 4 months

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