Mpokket charging very high interest rates

Name of Complainant Aniruddh Thombare
Date of ComplaintAugust 31, 2022
Name(s) of companies complained against
Category of complaint Internet Services
Permanent link of complaint Right click to copy link
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Text of Complaint by Aniruddh Thombare:

I have taken loan of 1000rs from mpokket nd now they are demanding me 2750rs which means they are taking 1750rs as interest which is double than principal amount. They are also disturbing my cibil. I’m ready to pay the amount with interest charges as per nationalise bank interest rates but they are not accepting. I request to RBI please ban mpokket as they are taking such high interest rates illegally, we are students thats why we dont have capacity to pay such high interest.

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Mpokket charging very high interest rates

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