Mobikwik — indiabulls consumer finance limited overcharging interest and closed the loan - reg

Address:	625706
Website:	MOBIKWIK (IVL FINANCE (INDIABULLS)

Dear sir, i am r. Arun, thirumangalam, madurai district. I have applied the online loan in mobikwik wallet on 21.9.2018. But loan amount receieved from ivl finance. (Indiabulls) they promising loan amount for boost loan for mobikwik rs.60, 000/-. First they have not told interest rate and documentation charges. After all the process completed they have deducted rs.2681 for documentation charges.

Deducting rs.2681/- for documentation charges and charged rate of interest for 2.04% monthly. After that deducting amount of rs.57319/- not credited to my account, this amount was transfer to mobikwik wallet. I am not able to use the money also. If transfer to the my bank accounts they have charged more than rs.3000/-. This is too much transfer for online loan amount. This is consider as a kandhu vatti group loan (Indiabulls)

I have immediately raised documentation charges was high and interest rate also high (Copy also attached). But they have not respond. And another mail sent regarding what ever credited amount i will settled to the indiabulls (Copy also attached). They have not respond and customer care also not respond for indiabulls.

So many person calling to my number. They torchuring me. I have record my mobile all the persons speaking. They have told come to my house and torchuring me.

Please sir consider my request safe me.

I will ready to repay the what ever credit money (Amount of rs.57319/-).

Acknowledge the same.

R. Arun
Madurai district
Mobile number :[protected]