Complaint Gold Loan High interest

  • Muthoot Finance Customer Care Number Office Address Complaint Email Id in Curchorem - Gold Loan High interest
    Vandana Mazumder on 2018-05-08 16:09:32

    I have took a gold loan from Muthoot Finance of 94,500.00 on 15th Sep 2017. Customer Id is : 032580000002995. Loan No: 03258/MAL/000783.

    I I paid 1st installemt on Rs. 5000.00 on 20/10/2017. I have nnd installement Rs.5000.00 on 25/12/2017.

    3rd installement paid in 25000.00 in 06/04/2018. I have some busy schedule so I couldn't get enough time to come your branch physically.

    I always trying to paind my installement by online but most most of the time is not worked. So I can't able to pay my EMI timely. Now today I came to your Kestopur office to close my account. The officail said my due balance is Rs.78100.00.

    I have already paid Rs. 35000.00. I have take loan of Rs. 94,500.00. Within six months can it is become Rs. 1,13,100.00.

    It means interst of six months is Rs. 18,600.00.

    Other banks Gold Loan rate of interest is comparatively lower than Muthoot. The difference is huge for an amount as big as the one I have to pay on.

    Please solve the problem & your officail don't want to show the details. How the huge amount is growing on.

    I shall appreciate if you could reach upon a conclusion soon and respond to my statement.