MYLAN App charging huge interest

Name of Complainant Rohit Sonawane
Date of ComplaintMay 20, 2023
Name(s) of companies complained against
Category of complaint Cyber Crime
Permanent link of complaint Right click to copy link
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Text of Complaint by Rohit Sonawane:

I have came across MYLAN LOAN app from one of the social media and tried to check My
Eligibility and it was Rs 36500 with tenure of 36 months and this Rs 36500 it was split into 6 different loan vendors for disbursal with the amount of Rs 4500 and here the charges will be Rs2025 and credit amount will be Rs2745,However automatically 8 vendors was showing processing. After checking the interest and processing fees app doesn’t allow you to cancel the processing and automatically amount is getting credited in my bank account. On the app it says 90 days to 365 day for the repayment however once the amount is credited it shows repayment in 7 days with full amount. Please help me out and take strict action against MyLan app for informing their terms and conditions

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