Exide Life Insurance — doing fraud.

Address:

Asif manzil lower bazar bantwal, 574142

Ref exide life insurance 01692628

With respect to above subject i would like to inform that i was taken loan in exide life insurance the loan amount of 29359rs on 2013. I forgotten i was cleared the amount on 2015. After 5 years later they raised the complaint that i have to pay 50083rs on 25th july 2019 ie
Principal amount current balance interest accrued total out stating as on 25th july 2019
Inr.
29, 359.00
Inr.
48961.39
Inr.
1, 121.41
Inr.50, 082.80
Even i told them that i was cleared the loan. Even i requested to some persentage of interest waive off. They dint agree. Day by day they are rising intrest rate. And just for 5 days intrest rate raised as 63rs. And the next calculation came as
Effective date outstanding principal amount outstanding interest amount total loan outstanding amount
30th july 2019 inr. 48, 961.39 inr. 1, 185.12 inr. 50, 146.51

I fed up totally. At last i taken loan from mcc bank bajpe contact no [protected].. I paid back to exide life insurance. The amount of 50147 rs on 30th july.

Then i found the noc at my home. They are planed to cheat 50147rs. After my wake up off right time. I found noc which was given by them on 2015.

After big argument they paid back the amount back 50173 rs on 13 august after 14 days. With interest of 26 rs (Below 2rs per day intrest) for 14 days. For them 63 rs for 5 days (12.6 rs per day). They collected the money on 30 th july and refunded me back on 13th august which was not acceptable.

Now the issue is. I was taken loan from mcc bank. They charing one month 522 rs intrest 1%processing fee its 500 rs. Then 18%. Gst ie 90 rs. Totally 1112. Rs. As per bank manager calculations. That you may contact and clarify. This valid charges to be pay back from exide life insurance because of thir mistakes.

After rising so many complaints ref policy number: 01692628, complaint number: e[protected]b7s6 no now exide life insurance is ready to pay 26 rs plus 156 rs. Ie 182 rs intrest. It is totally not acceptable. Illogical calculation.

They did the mistake. And they was planed to do the fraud. And they plan to encash the 50147 rs. Because of thir mistakes i am not ready to pay my hard ern money. If they dint given fraud information of 50147 i would not taken the loan. I would not ask the money.

Is it any bank is working just for 182 rs intrest. Will do the loan processing as well as loan settlement of 50147 amount. Non of the bank will work it out.

I just want valid charges to be pay me back. Ie is 1112 rs.

Thanking you
Regads
Abdul wahab bantwal
[protected]