Standard Chartered Bank — Standard chartered bank credit card + instabuy account -

Address:600097

I understand that instabuy's account – classic is created when i took loan for rs.40000 on 28th july 2015. There is no written record on the interest rate for the loan amount. As on today 9 emi payments have been made. I notice that from aug 2015 statement onwards every month emi is added to both primary account and instabuy's account. I find that i was made to make double emi payments from aug 2015 onwards. Further there is also tax and interest charges for the emi every month. If an account is created for the emi payments and added to the outstanding amount then what is the need to again add the emi to the primary card?

I seek explanation on why emi is charged twice for the same card from aug 2015 onwards.

Expecting the revised statement adjusting the doubly charged emi to make final onetime payment to settle the account.

A. Swamy
Scb credit card holder
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Standard Chartered Bank — Cancellation of standard chartered credit card

Dear sir, i am having standard chartered inner circle credit card, i dont want to continue it further . Regards, p.Pushpendra kumar

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