[Resolved]  Zestmoney — Unauthorized ecs presentation without prior notice

I have personal loan and consumerable loan with zest money. I have given authorization to deduct emis of 10, 200/- inz the split of 8 times.

I was paying emis on time. Due to some medical reasons i could not pay last month. They have presented ecs as usual on 5th of May but it got bounced. Without prior intimation they have presented nultiple time. Around 30 times ecs got rejected and lien marked in my bank of baroda of Rs. 10, 000/-

This was an illegal or fraudulent transaction made by zest money.

By trusting them I gave permission them to deduct money from my account. They have misused it very badly.

Need justice here.
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Jul 31, 2022
Complaint marked as Resolved 
ZestMoney customer support has been notified about the posted complaint.
Jun 11, 2022
Updated by Jamsheela
There are no updates from Zest Money still
Verified Support
Jun 11, 2022
ZestMoney Customer Care's response
Dear Jamsheela,

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 the trouble you had to face with ZestMoney.

As per the update from our relevant team, we would like to inform you that the amount of Rs.2000/- has been adjusted towards the late fees.

If the EMI is not paid on the due date and gets failed the bank will charge you bounce charges and after 3 days of the due date a late fee of Rs. 250/- will be added.

However the payment which was deducted from your account is yet to get updated in our system, hence we advised you to please allow 24 - 48 hours of time for the same.

We will try our best to not let problems like this affect the experience of our customers in the future. Please bear with us this one time.

Feel free to contact us if you need any further assistance by replying to the same email thread.

Regards,
Team ZestMoney
Jun 15, 2022
Updated by Jamsheela
I agree that I have missed the emi for the month of May 2022. Around 8 emis for total of Rs. 10, 000.

Before sending ecs 2nd time, 3rd time ans 4th time, you dint intimate me. Due to this 24 times presentation of ecs and it got rejected 24 times, can you imagine what will be the cause happend to my cibil. Also, I paid 10, 000 as ecs return charges.

I informed you on June 4th that i will clear my outstanding emi for May by end of June.

But you have again done cheating, you have debited june emis from my account through ecs and adjuated as may month emi and made june month emi as over due and put overdue charges again on june month emi.

Which means you already took 2000 for may month overdue and putting again 2000 as overdue charges for May month
Jun 15, 2022
Updated by Jamsheela
One of your agent Mr. Rahul has replied that overdue charges can be waived off by informing your concern team. I received this mail on June 6th. Please find the attachment

Jun 15, 2022
Updated by Jamsheela
I request you to return my hard earn money if 2000 which u debited from my account without my permission and also adjust another 2000 towards june month overdue charges, so that i can clear my outstanding.

I have sent nearly 14 emails but nobody bothered to respond me.
Verified Support
Jun 24, 2022
ZestMoney Customer Care's response
Dear Jamsheela,

Greetings from ZestMoney!

As I understand, your query is regarding still late fees is reflecting on your profile.

We are really sorry you had to deal with this situation.

We have escalated your request on a higher priority. We would request you to please allow us some time to get this sorted. We are taking following up with our team.

We value your association with ZestMoney and thank you for your support and cooperation.

Your patience and understanding are highly appreciated.

Rest assured your query will be resolved at the earliest.

Assuring you the best service.

Regards,
Team ZestMoney
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