[Resolved]  Home Credit India Finance — Very big principal amount of Loan prepayment

Address:New Delhi, Delhi

I took personal loan from home credit and now I want to close it after paying 6 months EMI .
They are now saying EMI (interest and principal) is calculated on reducing balance basis and my balance principal amount is somewhere nearby the loan disbursal amount after paying 6 EMI.

Initially I was told that my EMI includes equal amount of principal and interest.Now I am feeling cheated and would never suggest anybody to take loan from home credit. If home credit is reading this please contact me @[protected] if they can do anything to this.
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May 19, 2017
Complaint marked as Resolved 
Home Credit India Finance customer support has been notified about the posted complaint.
Verified Support
Apr 10, 2017
Home Credit India Finance Customer Care's response
Dear Sir,

Thank you for your query to Home Credit India.

In reply to your query, we wish to inform you that we have forwarded your query to the relevant team and we shall provide you with an update within the next 48 hours.

We sincerely hope that the above resolution is to your satisfaction. Alternatively, Please do not hesitate to contact our customer service team phone:[protected], or email:[protected]@homecredit.co.in should you need any further clarification.

Yours sincerely,
Customer Care Team
Home Credit India Finance Private Limited .
Verified Support
Apr 18, 2017
Home Credit India Finance Customer Care's response
Dear Sir,

Thank you for your query to Home Credit India.

In reply to your query, we wish to inform you that we pleased to confirm that your query has been addressed, successfully.

We sincerely hope that the above resolution is to your satisfaction. Alternatively, Please do not hesitate to contact our customer service team phone:[protected], or email:[protected]@homecredit.co.in should you need any further clarification.

Yours sincerely,
Customer Care Team
Home Credit India Finance Private Limited .
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    +91 90 0469 0046
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    3rd Floor, Tower C, DLF Infinity Towers, DLF Cyber City, Phase- II, Gurgaon, Haryana, India - 122002
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