| Address: | Mallapur Karwar Karnataka, Uttara Kannada, Karnataka |
My sister took a loan of 30, 000 rs, and have paid all the interests and principals on time. At the time of closure she i was told that she is closing the loan too early and will have to pay additional 1, 650 rs as company had spent 1, 574 rs to insure the loan without notifying her about it. Now they are expecting her to pay the additional 1, 650 rs to cover for their loss. They are saying that by closing the loan early, they are incurring the loss, shouldn't they be prepared for that, as one could close the loan at any time??? She has paid 24% interests on this load from oct of 2018 though march of 2019. Given the high interest i helped her pay off the load, as she could not afford it anymore.
Now, when she am refusing to pay the extra 1, 650 rs they are not giving her the completed paperwork and also warning her saying her aadhaar will be blocked and no banks will give her loan in future. I don't understand why, when she has clearly managed to pay off loan in time. Was this information helpful? | 
Please share your contact number with us and we'll get in touch with you at the earliest to address your concern.
Regards,
Team L&T Financial Services
We are still awaiting your contact number. Request you to share the same as it will help us to assist you further with your concern.
Regards,
L&T Financial Services
As we haven't received your contact details, your concern has been closed on our end. For any further assistance, you may call us at 1800 2000 400/ 1800 4190 200.
Regards,
L&T Financial Services