Bank Of Baroda — INSTACRED not refunding money and not cancelling BoB loan

Instacred transaction via Myntra led to personal loan account that was pre approved by Bank of Baroda without my consent.
When I cancelled the entire order, Instacred claims to have refunded it but the only credit in this Bank of Baroda loan account is for 1696 - the LAST ITEM OF REFUND which was sent almost a week after the initial cancelled order. How is this possible? Bank of Baroda officials being completely unhelpful and not responding to any queries as to who deals with Instacred on their end. Instacred does not respond on email.
Now why am I supposed to pay emis for an order that I have cancelled and a loan whose entire money is supposed to have been credited back by this fraud company instacred