This is Mangal Singh; I have taken a personal loan from CitiFinancial Consumer Finance India Ltd. Gwalior. The amount was 28000 of which they deducted 2000 for file and insurance charges which I yet don`t have got. The company told me that it will charge 24.52% as an interest on it. I was paying the EMI of Rs. 1350/- for repayment of money ECS payment was made through IDBI Bank, Gwalior. For the payment ratio of principal amount and interest the company kept me in dark, when I visited to the office I came to know that I have paid
Payments Rs.
EMI Paid 8100/ (1350*6=8100)
Interest 5408
Principal amount 2692
It is still not clear how much they are charging.
Please help me out.
Address
C-13, Krishna Nagar Gola Ka Mandir Gwalior-474005
Mob. 9300494553
[email protected]
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