[Resolved]  Indusind Bank — Bank is charging interest and late fee charges like anything (more than 60%)

Address:	Mumbai City, Maharashtra, 421003
Website:	www.induslnd bank.com

I have induslnd bank credit card with good credit limit first time i use this card and done the payment and experience is very bad.
In february 2016 month statement my due date was 25th feb 2016 with respect of rs: 1166/- only (One thousand one hundred sixty six only) and i did the payment at 3rd of march 2016 there was gap of 7days.In the next month bank has charged me late payment charges 550/- against 7days late payment of 1166/-. It more than 60% late payment charges within 7 days. They are charging like anything.

After i raise the concern with customer care, they raise my concern but approver authority has denied now the charges with interest has reached around rs.2710/-.

Whatever emi installment is pending, i am ready to pay but late fees plus interest amount i will not pay.
Complains numbers are:
601343
660529
686771
641116.

Request you to please look into this matter.
With regards.
Ram sharma
[protected]