Regarding Mobikwik loan

Name of Complainant Ranjeet kumar
Date of ComplaintMay 20, 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 Ranjeet kumar:

Sir i took loan of 2500 rs from mobikwik zip Paylater and they are charging late fee of 1000-1200 rs per month and they’re calling me to pay 14388 rupees now. They keep calling everytime on my number when I stopped to receive their call then now they’re calling to my contact list. They’re mentally torturing me. I’m a student i haven’t source of income I used 2500rs loan’s amount in buying books and applying form for bcece 2022. After 2 month of loan when I wanted to return loan then it became almost double.I want to close loan by paying actual loan amount without any late fee charges

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