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MouthShut Score

22%
1.37 

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India
Fraud Tactics
Oct 03, 2018 06:15 PM 2703 Views

Customer Service:

Rates and Charges:

Satisfaction:

Staff Attitude:

Don't take personal loan from this fraud company.


There representative provides false information.


They say that insurance is mandatory along with the loan.


They provide wrong information about interest rates.


They provide wrong information about total loan amount.


When raised concerns they say ok just return the whole amount and we cancel everything. It's obvious that the loan amount was required hence was applied for loan only. But they forced insurance premium burden on me taking undue advantage of my personal financial need of that time.


I have closed the loan account now. I lost around 45000 in the entire process of taking loan and foreclosure of the same done in 6 months.


Very bad experience.


It's better to take any kind of loan from reputed bank. Never take anything from this type of company.


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