Hi, I purchased a loan of 125000 from this company in October 2019, I paid 5 months emi till March 2020. Emi is 4947. interest 22.5%/pa. term 48 months.
I opted 5 months moratorium. Now they are requesting me to pay EMI 4947 for 70 months. I told them I am ready to pay 5 months moratorium interest of 17000 as one time payment now and will continue paying 43 emis out of 48 as I have already paid 5 emis.
They do not agree with that they want to get 346000 from me instead of 237000 for just the loan of 125000. I don't understand why I am liable to pay 22 emis more just opting 5 months moratorium. Pls review attachments thoroughly and take action against this frauds Was this information helpful? |
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