Verified Support
Sep 26, 2021
ZestMoney Customer Care's response Dear Vijay,
Greetings from Zestmoney.
We are extremely sorry to hear this and we sincerely apologize for the inconvenience caused.
This is not the service we want you to experience from us. We deeply regret for the trouble you had to face with ZestMoney, which led you to write to the consumer forum channel.
As we have checked the reports received from the bank, we tried to auto-debit the amount from your account on the due date, and due to the reason being "Account balance is insufficient", the debit was failed and hence ECS bounce charges are charged by the bank.
We would like to suggest you contact your bank for further clarification as at ZestMoney we do not charge any kind of ECS charges.
Note: We send your debit file to the bank before 3 days of the EMI due date to process auto-debit, if Customers pay EMI manually between these days we are unable to stop the debit process. If you want to pay EMI manually we request you please pay before 5 days of the EMI due date when the auto-debit option is enabled sufficient balance needs to be maintained at least a day prior to the EMI due date.
We would like to suggest you contact your bank for further clarification as at ZestMoney we do not charge any kind of ECS charges.
Please feel free to reach out to us for any further assistance.
Assuring you the best service.
Regards,
Team ZestMoney
Contact No - [protected]
Loan id - #14AA765B89B5