[Resolved]  Fullerton India — Interest Rate and Amount above the Loan Sanctioned

Address:

Thiruvananthapuram, Kerala

I have taken a personal loan from this company and at that time the told it is 18% . They Deposited an amount of RS.86, 412/- on october 14th 2013 and I am paying an EMI of Rs 4510 for the last 9 months total paid Rs.40, 590/- When I enquired for closing the loan they told I have to pay Rs.89000/- which includes early payment fee. Went to their office for getting the statement . Now they are saying it is 24% interest and it is total Rs2, 20, 000 is the re-payment coming to . Please check this matter seriously . At the time of loan they have taken so many documents signed that we will not be able to finish reading.