1, I installed this app few weeks ago lured by their cashback offers on bill payments.
2. To get going I added Rs 100 to the walllet.
3. Then I found Rs 2000 added to my walllet by Mobikwik without me ever expressing an interest or asking for it.
4. I tried to call Mobikwik many times to find about this so called ZIP cash, terms o[censored]se etc. But as you reach the option to speak to an executive, call gets disconnected.
5 I decided to try it as I had to pay a gas bill though I had other options. I paid it and was charged Rs 100 as activation fee of which there was no mention anywhere on the app or on their website. I tolerated it. Still I kept looking for the due date and meanwhile I kept getting messages on my mobile saying I should pay by due date to avoid any fines etc. All these messages still didn't give a due date.
6 Finally about 19 days ago I was relived to get a message saying my due date was 5th July and I had to pay Rs 1267 +100 i.e. 1367. I was fine with and planned to pay by due date.
7 I am running my household alone on a very tight budget and I plan ahead. Suddenly on June 20, got a text saying I have to pay same day else they will fine me with Rs 299
8. I immediately called but got no response and decided to message them on face book. I got the response giving me their strict terms and conditions. Thees were nowhere mentioned before on the site or on the app. I insisted to pay by my first due date which is 5th July. They didn't relent though said to waive off activation fee of Rs 100 as goodwill gesture.
9. I asked if I could pay in installments and through Paytm but I didn't get any response. I didn't complete amount on me and have to visit bank which is very very difficult for me as I am alone at home and my helper is away on a break.
10 Now I am getting threatening messages on text that pay 1567 now or it will affect my CIBIL or they will take further action.
11. I am writing today to seek intervention in this matter i.e pls tell them to wait till 5th July when I am able to pay.
12. This is the situation with many money lending apps etc. They don't tell you or give details in advance and force down kind of 'free' money on unsuspecting customers. I personally have experienced many and have detected them all. Pls look into all these pay later offers made by various shopping sites and app. Mostly they are out there to trap a client, causing so much stress if you fall prey to them. I made one such mistake with Flipkart earlier an lost Rs 300 only because I was late overnight to give the installment. All because of net connection and that too when we had full lock down last year. I didn't escalet the matter that time but I ugre you to pls pelase regulate thees apps pay later option and get them investigated and make them follow standard financial norms. Sincerely Sumegha Agarwal [protected]
Mobikwik customer support has been notified about the posted complaint.