[Resolved] Home Credit India Finance — Increase tenure from 36 months to 54 months without any information

Nagendra Kumar R

from Bengaluru, Karnataka

Feb 27, 2022

Address:

Sujay industries ,136-B,KIADB, bommasandra industrial area, Jigani link road Bangalore pin-560105.

As mentioned have availed personal loan of 150000 and emi of 8700 am paying regularly.opted for moratorium for 5 months.now suddenly they have increased tenure from 36 months to 54 months, i will be paying 29 emis* 8700 Rs=252300 already paid now only pending 7 emis, they showing 25 emis, how could they do this and also intrest is too high for 8700 emi -principal is 2800 and rest is intrest.kindly help me.

Regards
Nagendra
Mob-[protected]

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Feb 27, 2022

Complaint marked as Resolved

Not resolved

Home Credit India Finance customer support has been notified about the posted complaint.

Verified Support

Feb 28, 2022

Home Credit India Finance Customer Care's response "Dear Nagendra,

Thank you for highlighting your concern.

We have forwarded your to concern to the relevant department and our team will contact you shortly to provide resolution.

Thanks
Team Home Credit."