SUN LOAN APP

Name of Complainant Vaibhav Himmatrao Kakad
Date of ComplaintMay 15, 2022
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 Vaibhav Himmatrao Kakad:

In their app have mentioned tenure of 91-180 and they are demanding money return in 7 days. As per RBI GUIDELINES rate of interest for personal loan is 10.5%-21.00% but in sanction letter they are taking interest 36.5% p.a. it’s totally against RBI rules

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