CITY FINANCIAL CONSUMEER FINANCE LTD
CHARGING EXCESS RATE OF INTEREST

Ref; My loan a/c no.15239821.

While i was availing loan the rate of interst as stipulated in the agt was 20 %. Where as as per the statement they are charging more than 40% this violating the rules. More over day to day tortue over telephone from NEWDELHI is not bearable. Therefore in this situation i am not in position to pay my EMI anymore. How ever so far i have paid Rs.59000/- against the principal amount of Rs.69000/-. and I have decided to settle my loan with one time payment of Rs.2-.Otherwise i will have to refer this case to OMBUDSMAN, CHENNAI. for further negotiation and settlement.

The authorities may klindly look in to the matter so as to settle my case amicably.

Company: CITY FINANCIAL CONSUMEER FINANCE LTD
Country: India

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