[Resolved] Capital First — exorbitant interest rate on 24% for two wheeler loan
S
Surya Yogesh
from Mansa, Punjab
Address:
Chandigarh, Chandigarh, 160059
I was lured, coerced into signing up for a two wheeler loan without disclosing the exact emi or interest rate with capital first which got merged with idfc bank. I am a salaried individual. I got a shock when i discovered they are charging me 24% rate of interest for a 36 months period. I am supposed to pay 36 installments of rs.2730 each for a loan of rs.69, 280 and will end up paying rs.99, 000 approx. A fraud has been played on me by capital first. This is cheating.
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Feb 8, 2019
Complaint marked as Resolved
Capital First customer support has been notified about the posted complaint.
Verified Support
Jan 08, 2019
Capital First Customer Care's response Dear Mr. Yogesh,
Greetings from Capital First!
This is with reference to your concerns regarding collection interest details.
we are concerned about your query. We request you to write to us at social.[protected]@capitalfirst.com with your contact number to address your concern
Assuring you of our best services always.
Best Regards,
Capital First Limited (Customer First @ Capital First)
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