[Resolved] Muthoot Gold Loan — unqualified staff | |||
muthoot gold loan companies is very cheap company. and employees are unqualified its like a illiterate people (branch manager). they didn't know customer value. i got gold loan from this company in sankagiri branch tamil nadu RS 6 lakhs. and i ask about my gold loan detail she suddenly angry with me and they did n't give proper response. this persons are how to safe my gold. she do malpractices of my gold then only she angry i find it. so beware of those person Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 1 Comment | |||
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1. Employee bond for 2-3 years.
2. Recovery of salary if their internal auditors are saying wrong on the quality of gold.(Thus may be as per companies hidden agenda to retain staffs, if they have to pay huge amount for releasing their certificates.
3. Interest rates of muthoot and manappuram gold loan is very high, and creates problem to common people to repay the amount.
4.RBI people are getting bribes from these companies without any doubt.
5.KYC norms are very weak.
6. Black money are converting to white money with the help of NBFCs
7. Sources of funds for Muthoot Finance?.
8. Recovery people of Muthoot Finance are very notorious for the wrong doing in past.
9.Money matters- No one in the Govt. level is speaking against Muthoot or Manappuram.
10. Totally out of control from RBI...
11. Employees are the exploiting devices for the company.
12. Employee bond even forces employees to suicide.(some cases reported- but 'money matters...'
13. Interest rates are 30%... for common people.
Foreign exchanges and Money transfer are the areas of fraud for big guns...