| Address: Reliance Finance Limited , New Mills Road , Near Sayba Shopping , near Santa Shopping , Mumbai , Maharashtra- 400070 |
The Company Name Reliance Finance Limited name not their in List of approved NBFCs in RBI site ), running advertisements on Facebook as part of Reliance Industry to distribute Loans .
On seeing the advertisements I applied for Personal loan for my personal use. To the company I provided all my confidential documents & Information to proceed the loan process.
They released Sanction letter of 500000 with Rate of Interest of 4 Percent ( which was unbelievable) they charged me Rs 2589 /-, which I gave . They gave justification for ROI that as Reliance Jeo was distributed with nominal price initially so Loan also Reliance Industry is distributing with less ROI.
I got suspicious as they asked me further 12000 as insurance cover for the loan before disbursing .
Enquired about the company which I concluded Fraudulent.
Like me 1000's must have been cheated .
To save our hard earned money when people are going through challenging times I am writing the mail .
Attaching documents for your reference which was provided me by the company
The executive who dealt with me, his details too.
Will be obliged if checking the company Fraudulent or not and if yes taking strict actions against the group .
Facebook like social media should filter the Fraudulent one and let the genuine company advertise their platform, otherwise innocent customers like me will be looted by these groups
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