I have applied personal loan through deal4loans (sameer) and they have rejected my application when applied in HDFC Bank and later they got me loan from Barclays Bank.
I applied for 350000 and I recieved 334670, the rate of interest is 17%, processing fee 2% service tax, Inurance 5626 and Pre EMI charges 1983.
I was not told by Sameer from deal4 loans that the processing fee would be 1.5% which is 2%
I was not informed about Insurance charges and Pre EMI Charges
I was asked to mail to barclays guys regarding the amount and duration for loan, I have mailed Mr Kuldeep Shah of barclays stating the loan amount 350000/- and duration 36 months.
Deal 4 loan guy Sameer sent a guy to me to sign the form on Thursday the 19th of May I have signed it and given 8 cheques, my loan has been sanctioned by Barclays and I got money on monday the 23rd may.
but I have not got any Loan Account number on my mail andI have not recived any welcome call from them, when I have enquired I got to know that my duration have been changed to 48 months as there is no eleigibilty of releasing the loan of 350000 in 36 months.
I was not informed and now they want me to return the loan amount, this is cheating first of all that without informing they have changed the duration and now when i need it they want me to return the amount.
I want my loan tenure to be 36 months and I want to communicate them through Consumer forum that they cannot play with any consumers like this. consumer comes to them when there is a need and instead of providing correct things they hide thigns and later consumer get harrassed.
Kindly help me and get the things resolved.
Yours Truly
Sumit Verma
982 08 444 08
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