Scam in loan

Name of Complainant Savan
Date of ComplaintMarch 30, 2021
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 Savan:

Loan applied is 2000 rs for 90 days.

Recived money is 1760rs

Processing fees was- 203rs! (Reasons unknown . But by RBI the processing fee for NBFC cannot be more than 1%)

To be repayable is 2326r…for a recived ammount of 1760 rs

Hence I’m paying an intrest of more than 30% on a “qualifying asses” (according to RBI they cannot charge more than 15% on a qualifying asset)

Very Unethical business (dosent also show the intrest rate on app)

 

 

Image Uploaded by Savan:

Scam in loan

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