[Resolved]  Zestmoney — late ech from zest and loan got rejected now, also reported to credit report

Address:Pune, Maharashtra, 411014

This is with regards to the loan application no 31838dc74ba8 with zest money.
I have taken a loan in sep 18 and i have done the ech for the emi to be paid, my bank has also confirmed that ech has been done, however due to your (Zest) system issue ech has not been done and payment was not deducted on the scheduled time (7th of every month).
I contacted your customer care and informed the same, they said ech has not been approved from my bank at the same time emi got deducted (Auto debit) from my account on 1st oct that means there was no issue from my side or my bank side also.
They said its zest system issue we will check but again same thing happened in nov 18 also, i against called you then you have fix this issue in your system, so in dec 18 emi got processed on time (7th dec).
Meanwhile you reported bad on my cibil and my score has been impacted badly then i complaint about this to your customer care.
Now when i applied for the another loan it shows that we can not process your loan now as you dont meet the criteria.
Its very bad experience with zest now.

Thanks & regards
Utpal vyas
[protected], [protected]
Was this information helpful?
No (0)
Yes (0)
Mar 9, 2019
Complaint marked as Resolved 
ZestMoney customer support has been notified about the posted complaint.
Verified Support
Feb 06, 2019
ZestMoney Customer Care's response
Hi Utpal Vyas,

We apologize for the inconvenience caused. We have taken action and our Finance team is working on the issue. The loan was rejected due to unavailability of the Credit limit. You will be notified once the issue is resolved. Do get in touch if you have any other concerns.

Team ZestMoney.
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
    ZestMoney
    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
    62%
    Complaints
    1636
    Pending
    49
    Resolved
    989
    ZestMoney Phone
    +91 93 4342 2556
    ZestMoney Address
    151, 3rd Floor, Moksha Mansion, Sarjapur Main Rd, 1st Block Koramangala, Bengaluru, Karnataka, India - 560034
    View all ZestMoney contact information