Fullerton India — Extortion by the name of penal interest

Address:

New Delhi, Delhi, 110088

I took up a personal loan from them beside paying all the EMI before due date still their executives and banking department is sending me SMS and call claiming that Penal interest is levied on my account and each month they are increasing this by RS 2000/month.

I always took the screenshot when the payment is done online so that I'll have the record of payment along with date and time. 2 months before when I logged a complaint with their CEO, VP and other higher officials along with submission proof they immediately removed those charges and apologized and now after 2 months they have again started the same process.

Its a simple way of extortion. Nor they allow pre-closure nor they have any proper system maintenance and their executives GOOD FOR NOTHING!!!

They have prove our elders right; Go for National banks at-least they have some defined rules and standards.

They are RUBBISH