Fibe(formerly Known As Early Salary) — About repayment of Loan

I have joined my son in Bhanzu online course and the fee is 48000/-. I paid rs 3000/- downpayment. Bhanzu has given financial assistance from FIBE for rs45000/-. I paid two installments worth 5000/- successfully. After two months I dropped from the course. And informed same to both FIBE and Bhanzu. I got approval from Bhanzu. Here, the loan transaction is also done between Bhanzu and FIBE. The loan amount was not credited to my account. The FIBE people making continuous calls to me about the repayment of the loan. I explained everything though they are torturing me like anything. Few days back I mailed them about this frequent calls and they replied they received rs40000/-. But, I need to pay 3000 interest due to delay of loan clearance by Bhanzu. How could I responsible for the delay caused by bhanzu. Now they are adding compound interest to that 3000 and monthly rs500 to that and they are doing financial blackmail stated that your CIBIL score get affected. like this
Your account is delinquent and you still haven't repaid inspite of multiple reminders.

This is not only affecting the health of your credit score, but also reducing your ability to borrow future loans from Banks/ Financial Institutions.

Non-payment of your overdues will have the following consequences:

1. Your account will be outsourced to our authotised Collection Agencies for facilitating the payment of the overdue amount.
2. Since your account is seriously delinquent, we will be compelled to pass it on to our Legal Counsel.

You can repay the loan through UPI/IMPS/NEFT using the Fibe mobile application or directly transfer the amount through IMPS/NEFT facility in the following bank account:

Account Holder Name: Fibe
Account No.:[protected]
Name of Bank: YES Bank
IFSC Code: YESB0CMSNOC
(In IFSC CODE, the 5th letter is zero and the 10th letter is the alphabet in capitals)