Sriram Finance — Business loan and high intrest rate

Address:Ballari

Hello as one of my family members received a Business loan of ₹200000 within one year we repaid nearly ₹300000 at what rate they are charging the interest and how it is working they are facing lot of financial issues due to this every month they should pay nearly ₹12000 as EMI if it gets bounced cheque then again extra amount including the charges like this they paid ₹100000 extra for one year how this can be done for people
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    Ballari
    India
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