Reserve Bank of India
Consumer Report

Miscellaneous

Offered a $5000 loan by an Indian finance company
who claimed there was no cost and then in the process of obtaining this loan from the bank I have had to pay charges one after the other. First $100, then $150, then $260 then $380 and then $1100 demurage fee. I paid half the demurage and to pay the other half from the loan. Now today I received a charge of $660 for "transit fee." I paid a C.O.T. Fee already.
When done I will end up paying $2600 for a $5000
loan. I asked them to cancel the loan and return my money and I am ignored. They have had it over a month.


Company: Reserve Bank of India
Country: USA
City: Mumbai
ZIP: 400001
Address: Complaints Redressal Cell (Mumbai Office), 1stfloor, Main Building, Shahid Bhagat Singh Marg, Post Box No. 901
Phone: 9127576717, 912222660502, 9122660868
Site: rbi.org.in
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