Capital First — Loan Recovery Fraud

I took a business loan from capital first for the amount of Rs. 1, 70, 000. I requested for the loan to be settled as I incurred financial losses. I was asked to pay initially an amount of Rs. 87000 towards settlement. I notified the agent that I won't be able to pay such a huge amount and that the maximum amount I could pay was Rs. 66000. The agent told me to pay that amount and that he'll re-issue me a new settlement letter with the paid amount. I paid the amount but I never got a settlement letter for paid amount infact I was given a letter with the settlement amount of Rs. 87000 in 2018. I was again contacted by a collection agent from bank in Jan of 2020 asking me to pay my dues towards my loan account. I told him what I had paid and he finally gave me a settlement amount of Rs. 25000 towards my loan account. The amount was paid to capital first in there HDFC bank account which was provided to me via ECS. I received a settlement letter for the same as well. Now again in 2021 I am being contacted by the recovery agents of the bank asking me to pay my dues of Rs. 75000 towards my loan. I told them that I had already got the account settled and that I have all the proofs for it to which they say that they don't have any such record of it. I have settlement letters, conversation proof with agents, email confirmation of payment from the bank as well. Please help me with this. I am being constantly harrassed by bank officials and being defrauded again and again. My loan account number is 5413677
+2 photos
Was this information helpful?
No (0)
Yes (0)
Capital First customer support has been notified about the posted complaint.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Capital First
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    80%
    Complaints
    965
    Pending
    0
    Resolved
    769
    Capital First Phone
    +91 22 4042 3400 [Boardline]
    Capital First Website
    Capital First Address
    IndiaBulls Finance Centre, Tower II, 15th Floor, Senapati Bapat Marg, Elphinstone Road (W), Mumbai, Maharashtra, India - 400013
    View all Capital First contact information